The Department of Accounting and Finance is one of the prime departments that were inaugurated at the inception of Crawford University in 2005.
As a pioneer department it has continued to wax strong in all ramifications. The Department prides itself as a formidable force in the impartation of world-class knowledge in the areas of accounting and finance. The department has continued to wax strong amongst its peers in the academic circle in Africa and indeed globally. Today, students from this department are occupying prime positions in industries within and outside Nigeria. This record has been achieved through the robust exposure given to the students on modern accounting and finance practices. The curriculum of the department is meant to expose the students to a variety of activities which enable them to be relevant in all spheres of human endeavour. Academics and professionalism have indeed been the hallmark of the department.
Let me use this opportunity to re-emphasise that the curriculum of the department is meant to expose the students to a variety of activities which enable them to be relevant in industry and elsewhere.
It is noteworthy to confirm that all the programmes in the department are fully accredited by the National Universities Commission (NUC) as at 2017/2018 academic year. All courses offered in the department are therefore recognised and sanctioned by the National Universities Commission.
In 2017, the department was visited by the Harmonisation of African Higher Education Quality Assurance and Accreditation team (HAQAA) under the auspices of the African Union-European Union and was rated as “very good” in performance.
The department also enjoys full accreditation status from such accounting professional bodies as the Institute of Chartered Accountants of Nigeria (ICAN), Association of Certified Accountants (ACCA), UK, etc. This means that the students on graduation from Crawford University are exempted from a number of subjects from the examinations of these professional bodies, giving them a leeway to qualify as chartered accountants at the shortest possible time. The University authority has also started negotiations to formally sign a Memorandum of Understanding (MoU) with the Institute of Chartered Accountants of Nigeria (ICAN) for the Mutual Cooperation Agreement with Tertiary Institutions (MCATI) programme. A programme aimed at making the students sit for only the final stage of the professional examination of the Institute after their graduation from Crawford University.
Periodically, the students of accounting and finance of this university undergo in-house trainings within the campus which are contemporary in nature including IT trainings. They also participate in seminars, symposia and summits organized by professional bodies such as the Association of Certified Accountants (ACCA), United Kingdom.
At 300-level, all students in the department are meant to compulsorily undergo an Industrial Training (IT) with relevant industries in Nigeria. This prepares them adequately for engagement as accountants and finance managers when they graduate from the university, thus acquainting them with practical applications of the academic knowledge they have acquired in the classrooms.
Furthermore, they also participate in the work-study programme of the University which gives support primarily for indigent students whose parents or guardians may not be able to support their education financially.
The department parades a number of seasoned academics and professionals as lecturers. These lecturers are also exposed to in-house trainings particularly in the areas of information technology (IT) as well as other contemporary issues in the 21st century academics. These academics have attended and published a number of articles in both local and international journals of repute.