The Institute of Chartered Accountants of Nigeria (ICAN), under its Mutual Cooperative Agreement with Tertiary Institutions (MCATI) has given full accreditation to the Accounting programme of Elizade University, Ilara-Mokin, Ondo State.
By this accreditation, Elizade University has again become the second university in Nigeria to be given full accreditation by ICAN under its MCAT arrangement.
The accreditation which came with eleven exceptions was achieved barely two weeks after the University made history by becoming the second university in Nigeria to get full accreditation from the Association of Certified Chartered Accountants on Nigeria (ACCA).
By implication, graduates of the Accounting programme of Elizade University would be granted exemption from the eleven subjects in the first two stages (Foundation and Skills Levels) of the Institute’s three stages professional examinations. The graduates would join the professional examinations from the third and final level, of the professional stage, where they would be required to write only five papers out of the 16 papers required for qualification.
The Acting Head of the Department of Accounting and Finance of the University, Dr. Emmanuel Eraghe, while speaking on the rare feat, lauded the support of the Management of the University for the Department. He said that the sophisticated Accounting Laboratory, well equipped Departmental Library and qualified accounting lecturers have contributed immensely to the successful outing of the Department in professional accreditations.
It would be recalled that the Accounting was among the 18 programmes in the University that were given full accreditation by the National Universities Commission (NUC).