Following its signing of a memorandum of understanding with Babcock University, the Association of Certified Chartered Accountants (ACCA) has announced that the institution has emerged as the first ACCA accredited private university in Nigeria.

It said another major milestone was achieved when ACCA Nigeria certified Babcock University as an ACCA Accredited Institution.

Prior to the official presentation the ACCA delegation led by Country Manager ACCA Nigeria; Toyin Ademola met with the Head of the Accounting Department, Professor Ishola Rufus Akinkoye to discuss possible areas of support by ACCA to the growth of the department. During the discussions, Akinkoye said the university had obtained the buy-in of the university’s Parents Consultative Forum and added that parents were excited at the incorporation of ACCA into the accounting curriculum.

He assured the team that Babcock University was committed to working with ACCA to build the departments’ syllabus and ensuring that students are getting quality tuition to guarantee their success.
On its part, the ACCA committed to upgrading the accounting departmental library as part of its effort to support the students.

The Head of Education and Development, ACCA, Jonathan Mbewe, who was present at the meeting, spoke about ACCA’s willingness to support the university towards achieving Gold ALP status. He expressed his gladness that the department was eager to begin providing ACCA tuition and stated that the university currently meets the criteria to start the journey to becoming an ALP.

He added that ACCA aims to build capacity for the university internally and proposed engaging the lecturers of the university who were interested in becoming ACCA certified to offer them differentiated support to enable their success via the Tutor Excellence Program; which may not require academics to sit and pass ACCA exams in order to begin teaching the qualification.