The history of the Department of Accounting dates back to 1991, when it was established under the Faculty of Management and Social Sciences. A significant milestone in the development of the Department occurred during the 2000/2001 academic session, when the Faculty of Management Sciences attained an independent status, separating from the Faculty of Social Sciences. Since then, the Department of Accounting has remained an integral part of the Faculty of Management Sciences.

At its inception, the Department was headed by the esteemed Professor Christopher Sunday Ola, who served as its pioneer Head. The pioneer academic staff comprised Dr. A. O. Obe, Mr. K. J. Osanyinbi, Mr. S. A. Adereti, and Mrs. A. R. Ayeni-Agbaje. The Department commenced its academic activities with an initial enrolment of 32 students, who successfully graduated during the 1995/1996 academic session.

Over the years, the Department has expanded its academic offerings and contributed significantly to the development of business and management education. In 2017, two additional programmes, Actuarial Science and Entrepreneurship, were introduced under the Department. These programmes have continued to complement the Department’s academic portfolio and broaden opportunities for students in emerging areas of business, finance and management. The pioneer students of these programmes were successfully awarded their degrees during the 2020/2021 academic session.

The growth and development of the Department over the years have been sustained by the dedication and leadership of distinguished academics who have served as Heads of Department. Their contributions have played a significant role in shaping the academic, administrative and institutional development of the Department.

The successive Heads of the Department are as follows:

1. A. A. Awe – from 2013 to 2014
2. G.T. Akinleye – from 2014 to 2016
3. C. O. Olaoye – from 2016 to 2018
4. F. O. Olaoye – from 2018 to 2020
5. A. A. Ogunmakin – from 2020 to 2022
6. (Mrs.) A. R. Ayeni-Agbaje – from 2022 to 2024
7. F. O. Olaoye – from 2018 to 2020
8. A. A. Ogunmakin – from August 1st 2026 Till date

These leaders have not only steered the Department’s course but have also contributed significantly to its growth and distinction within the academic landscape.

Our Philosophy

The general philosophy of the programme is to develop the intellect and impart sound theoretical and practical knowledge that will equip students with self-confidence, creativity, innovativeness and self-reliance in the fields of Accounting, Taxation, Actuarial Science and Entrepreneurship.

The Bachelor of Science (B.Sc.) Accounting programme is designed to develop men and women of sound character, ethical conduct, moral uprightness and unquestionable integrity, complemented by strong academic and professional competence. The programme seeks to produce graduates who can compete favourably with their peers nationally and internationally and contribute meaningfully to the academic and professional fields of commerce, industry, public service and governance.

Bachelor of Science (B.Sc.) Accounting

In pursuit of these objectives, the B.Sc. Accounting programme adopts a comprehensive and interdisciplinary curriculum designed to provide students with a strong foundation in both general education and accounting-related disciplines.

At the foundational level, students are exposed to courses in English Language, Economics, Financial Statistics, Computer Science, and Philosophy and Logic. These courses provide essential intellectual, analytical and communication skills while laying the foundation for effective problem-solving, critical thinking and informed decision-making.

The Department subsequently provides a broad range of compulsory core courses designed to develop students’ knowledge and competencies in key areas of accounting, finance and business. These courses include Business and Management, Financial Accounting, Financial Management, Taxation, Auditing and Assurance Services, Economics, Cost Accounting, Accounting Information Systems, Public Sector Accounting, and Environmental Accounting, among others. Collectively, these courses provide students with a comprehensive understanding of accounting principles, financial management practices, taxation, auditing, information systems and the application of accounting in both private and public-sector environments.

As students progress through the programme, they are offered opportunities to select elective courses that reflect their individual interests, career aspirations and areas of specialisation within the broader fields of accounting, business and management. The elective component provides flexibility and enables students to broaden their knowledge and tailor aspects of their academic experience to their professional objectives.

A major component of the programme is the capstone research project, through which each student undertakes an in-depth investigation of a relevant business, accounting or management problem. Under the supervision and guidance of an academic staff member in the Department, students apply the knowledge, skills and competencies acquired throughout their programme to identify, analyse and propose practical solutions to the selected problem.

The capstone project represents the culmination of the students’ academic experience. It provides an opportunity for them to demonstrate their capacity for independent inquiry, critical analysis, research, problem-solving and the practical application of accounting knowledge to real-world situations. Through this integrated approach, the programme prepares graduates for successful careers in accounting and related professional fields while also equipping them with the knowledge, skills, ethical values and entrepreneurial mindset required to contribute effectively to national and international development.

• The Objectives and Mission Statement

Objectives of the Department of Accounting

The objectives of Degree programme are to;

• impart to students the basic knowledge of concepts, theories, principles and practice of Accounting and Financial Management.
• teach student the application of management problems to the accomplishment of the techniques of Accounting and Financial Management to the solution of entities and achievement of increase in the economic productivity and social welfare,
• develop the attribute of leadership and lubrication of inter-personal relationships require for working in industrial, commercial , educational, public and others organizations,
• equip students with the required academic and professional finesse that would make them develop needed competence to compete favourably with students of accounting profession in other parts of the world.
• To contribute to the knowledge and practice of Accounting and Financial Management through research, development of intellectual horizon of students, attachment to reputable Accounting firms and orientating them to become proficient and professionally qualified Accountants.

Mission Statement of the Department

Our mission is to deliver exceptional undergraduate and postgraduate programmes in the field of Accounting, while also conducting ground-breaking research. We strive to empower our students to meet and exceed international standards, thereby catalysing a transformative scientific evolution within our global community.

I am delighted to extend a warm and official welcome to you within the Department of Accounting, situated in the esteemed Faculty of Management Sciences, Ekiti State University, Ado-Ekiti. As an integral part of our educational community, we are driven by a profound passion for imparting knowledge our cherished students and the global community at large.

Our Department stands as a harmonious collective of adept researchers and devoted support personnel, all steadfastly devoted to the propagation of knowledge and the advancement of human well-being.

Our Vision:

Our vision is to develop the mind, impart both theoretical and practical knowledge on individuals to develop self-confidence, be innovative and self-reliant in the fields of Accounting and Management; Entrepreneurship and Actuarial Science. The need to develop men and women of good behaviour, unquestionable character, ethical conduct and moral uprightness coupled with sound academic competence that will enable them to compete adequately with their peers both nationally and internationally to fit into the academic and professional fields in commerce, industry and governance are part of the components of the vision of B.Sc. Accounting in the Faculty of Management Sciences, Ekiti State University, Ado-Ekiti, Nigeria.

Mission
• Provide quality education in marketing based on global best practices.
• Produce graduates with sound ethical values and professional competence.
• Promote research that addresses contemporary marketing challenges.
• Foster entrepreneurship, innovation, and leadership among students.
• Contribute to national and international economic development through knowledge creation and community engagement.