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ICAN re-accredits Caleb varsity’s accounting programme

By Dayo Adesulu

Caleb University Vice-Chancellor, Prof. Ayodeji Olukoju said the re-accreditation of the institution’s Accounting programme by the Institute of Chartered Accountants of Nigeria (ICAN) has further demonstrated and validated the university’s claim to academic excellence.

Prof. Ayodeji-Olukoju
Prof. Ayodeji-Olukoju

He said the re-accreditation of the Accounting programme in the Department of Accounting and Finance, Faculty of College of Social and Management Sciences, has gone a long way to boost the confidence the external stakeholders, especially accreditation bodies including the National Universities Commission (NUC) have in the institution, and that “we can go extra miles to comply with the rules and regulations guiding accreditation of our academic programmes.”

“We are giving the parents the best quality and we will not stop at anything to make our students to compete favourably with their peers anywhere and to succeed in their academic endeavor,” the Vice-Chancellor said. He attributed the giant stride attained by the university in all spheres of its development to the support of the founder, Dr. Oladega Adebogun, the lecturers and students, saying without their dedication and commitment in all ramifications, “we would not have achieved this far.”

Efforts of the management to deepen the university’s academic excellence in line with the institution’s vision, recently received a boost with the re-accreditation of its Accounting programme for another five years. The ICAN Accreditation Certificate was presented to the university management, led by the Dean, College of Social and Management Sciences (COSOMAS), Prof. Nosa Owens-Ibie by the ICAN President, Mr. Chidi Onyeukwu Ajaegbu at the ICAN Office Annex, Ebute Metta, Lagos.

Speaking on the university’s feat, the Dean hinted that the re-accreditation was a further demonstration of the quality of academic programme offered to students, stressing that with the re-accreditation the students will be exempted from writing some stages of ICAN examinations. Besides, Owens-Ibie noted that with the growing recognition of the university Accounting programme as demonstrated by the accreditation, ICAN, the professional body regulating the practice of accounting profession in the country, has agreed to offer automatic scholarship to First Class students of the Department for further education.

As part of the excellent academic programme, the Dean, while recalling how one of the students of the Department became Chartered Accountant at his 300-Level, disclosed that an undergraduate of the university is one of the two students selected from 12 universities in the geo-political zone to participate in the Chartered Institute of Taxation of Nigeria contest.

“Caleb University is the only private university selected for the contest and Esther Eniayewu is to represent the institution,” he said. On the facilities put in place by the university to enhance quality training of the students, the Acting Head of Department of Accounting and Finance, Mr. Michael Nwidobe, said the Department is set to conclude arrangements to begin postgraduate programme in M.Sc in collaboration with the Chartered Institute of Bankers of Nigeria (CIBN).

According to him, the department has been structured to position the students to acquire their educational and professional certificates at the same time before graduation. To this end, Nwidobe, who noted that the Department has an Accounting Laboratory with the latest accounting software, added that staff training or capacity development is a top priority of the College. He said no fewer than eight members of academic staff the college are members of ICAN.


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