CURRICULLUM AND SYLLABUS


SYLLABUS AND REGULATIONS

REGISTARED AND RECONGNISED BY
FEDERAL GOVERNMENT OF NIGERIA. CAMD.1990

FOREWARD

Today's employers insist on employing only competent Professionals. With this in mind,CIFMAN has packaged its syllabus in such a manner that would make its Bashed professionals irresistible to employers of labor commence and industry.
The CIFMAN qualification is uniquely acknowledged to be the financial qualification for business.

The registration brochure takes you through the simple process of registering as a CIFMAN student and taking the first steps to a rewarding and challenging carrier in business as a Professional Financial and Management Accountant.

You can therefore count on the full support and resources of CIFMAN, with its dedicated and experienced professional staff available to answer your quarries on the syllabus, registration and examination.

The Pacesetters.

CHRISTOPHER SAWYERR B.SC.FFMA

REGISTRING AS A CIFMAN STUDENT TO QUALIFY AS A FINANCIAL AND MANAGEMENT ACCOUNTANT.

INTRODUCTION:

To qualify as a CIFMAN Professional,you can require to:

Pass all 5 stages of the CIFMAN examinations, holders of appropriate qualifications may, however, qualify for exemptions from some of the
papers in levels 1 and 2 of Foundation and levels 1 and 2 of professional examination. All ICAN Associates are given total exemption.

Obtain at least 3 years relevant practical experience recorded in a Record of Practical Experience (R P E), submission of a satisfactory
RPE is an essential element in the process of achieving full membership status.

It is important to note that all registered students will have five years following completion of their final examinations within which to either apply for membership or submit a statement explaining why they are unable to apply.

As most students are in a position to apply for membership within three years of completion of their examinations, the five years period is
considered adequate.

OBJECTIVES AND DUTIES

The objects and duties of the Institute as entrenched in the document of incorporation are:-
To provide an organization with men and women of educational ability and experience who desire to qualify as accountants and secure professional status.

To provide a system of examination, to issue Certificates of Proficiency and to increase knowledge and efficiency in Accountancy.

To provide opportunities for contact between the members of the Institute and to form branches for that purpose.

To provide a bureau for members seeking employment.

To encourage and give every assistance to young persons of good education who are desirous of entering the Profession under the direction of members

To protect the professional interest of members.

To contribute to the compilation, collection and publication by parliament,Government Department and other Bodies or persons of literature, statistics and information relating to the profession.

To secure in accordance with the provision of various Act, the establishment and maintenance of registers of Fellows,Associates and Registered Accountants entitled to practice as Accountants and auditors and publishing from time to time lists of those persons.


REGISTERING AS A CIFMAN STUDENT

You may register as a student of the institute at any time. However, you must be registered as a CIFMAN student in order to sit for the examinations. It is wise, therefore, to confirm your eligibility before starting any serious study.

Please note that receipt of your student Registration form does not signify confirmation that you have been entered for the examinations. Examination Entry form must be returned and accepted by the Institute.
(A)A member of any of the following professional bodies shall be eligible to control and claim subject for subject exemption.

- The Institute of Chartered Accountants in
England and Wales;
- The Institute of chartered Accountants of
Scotland;
- The Institute of Chartered Accountants in
Ireland;
- The Chartered Association of Certified
Accountants;
- College of Education etc.
- The American Institute of Certified Public
Accountants;
- Chartered Institute of Management
Accountants;
- The Chartered Institute of public Finance and
Accountancy;
- The Institute of Chartered Secretaries and
Administrators;
- Association of International Accountants;
- Chartered Institute of Bankers of Nigeria;
- The Final ATS Examination of the Institute of
Chartered Accountants of Nigeria.


(B)The degree / Diploma of an approved University,
Polytechnics.

(C)General Certificate of Education Ordinary and
Advanced level.
- West African School Certificate.
- Senior Secondary School Certificate with at
least three passes at credit level i.e. Grades
1-6 Passes must include English and
Mathematics.

Overseas Equivalents.

(D)The Cambridge Overseas School Certificate with
at least three Passes at Credit Level plus at
least two passes at Advanced level, credit or
above.
The minimum of five passes must include
Mathematics and English.

(E)The Ordinary Certificate in Business Studies
(Overseas) jointly administered by the
LCCI/RSA, with at least two credit passes must
include English and an acceptable Mathematics
subject at credit level.

The Council is not prepared to register a
candidate who cannot meet the minimum
educational requirements. CANDIDATES SHOULD THEREFORE NOT APPLY UNTIL THEY HAVE MADE GOOD
ANY DEFICIENCIES IN THEIR EDUCATIONAL QUALIFICATION SO AS TO COMPLY WITH THE INSTITUTES REQUIREMENTS.

Whatever qualification they hold, application will not normally be accepted for registration unless they produce evidence of having passed an examination in English Language, at least equivalents of the Nigerian Ordinary Level Examinations.

APPLICATION FOR REGISTRATION

Students who wish to register must have purchased a prescribed form from the Institute with the student undertaking to be abided by the rules and regulations laid down by the Council from time to time.

Each applicant will be required to present for scrutiny, satisfactory evidence of his name, age, qualifications (Certified copies of the Credentials) and two certified passport photographs. The council reserves the right to grant or refuse any application and to terminate the registration of any student.

Applicants must comply with the conditions set forth and must pay the registration fees in force at the date of application. If the application to register is unsuccessful the registration fee is not refundable. The fee paid shall form part of the general funds of the council. The annual subscription for successful applicants becomes payable immediately upon registration for the year of registration and thereafter on 1st January of registered studentship.

SUMMARY

Every applicant for registration must satisfy the council that: -
- He is not less than 18 years
- He possesses the basic educational
qualifications set out above and
- He is a fit and proper person to be
registered.

CURRENT FEES:

A.FORMS OF MEMBERSHIP

REGULATIONS AND SYLLABUS

REGISTRATION FEES FOR:

MEMBERS

ASSOCIATES

FELLOWS

B.CURRENT ANNUAL SUBSCRIPTION:

MEMBERS

ASSOCIATES

FELLOWS

C.DEVELOPMENT LEVY

MEMBERS

ASSOCIATES

FELLOWS

CORPORATE MEMBERS


D. EXAMINATION EXEMPTION FEES

STAGE ONE-LEVEL I / FE I


(PER SUBJECT)
250.00 200.00

LEVEL II/ FE II


350.00 200.00

STAGE TWO-LEVEL I / PE I

450.00 500.00


LEVEL II / PE II

550.00 500.00

LEVEL III / PE III


750.00 500.00

Subscriptions and levies must be paid before sitting for the examinations and all payments must be made in Bank Draft / Bank Cheques.

TRAINING SCHEMES: -
The Institute attach considerable importance to practical training and students are required to acquire their practical experience in any of the notable parastatals with a defined and advanced accounting set up.

The Institute recognizes for this purpose:

a.Approved service under a practicing member of
the Institute or an ICAN member,
b.Employment in the accountancy or finance
department of Industrial or commercial
undertakings, parastatals and the public
service.


TEMPORARY SECRETARIAT:

No. 54 Queens Street,
% RAPID INVESTMENT NIG. LTD.
Alagomeji, Yaba Lagos
P.O.Box 2470, Sabo Yaba,
Lagos.

GRADES OF MEMBERSHIP


The Institute has a range of membership grades designed to accommodate almost everyone with an active or involvement in accountancy profession.

FELLOW (FFMA)

A chartered professional grade. For election to Fellowship Grade. Applicant should be at least 30 years of age and have been an (MFMA) for at least five years. A minimum of eight years of practical experience is also required, five of which must have been in a position of substantial responsibility. Fellow of the Institute are to use the post-nominal letters FFMA and the title Certified Management Accountancy Practitioner.

MEMBER (MFMA)

A Chartered professional grade. Eligibility is dependent on age(minimum of 30 years), academic qualifications, experience and level of responsibility. Applicants with an appropriate qualification will need between five and ten years of practical experience. Routes are also available for those with no formal qualification. Members are entitled to use the letters MFMA and the title Certified Financial and Management Accountancy Practitioner.

ASSOCIATE MEMBER (AFMA)

A Professional but of Non-Chartered Status. As for member, eligibility is dependent upon age (minimum 25 years), academic qualifications, and
experience and current level of responsibility. Requirements for academic qualifications responsibilities are lower than those for Member, but the experience required is similar.

COMPANION (Comp. FMA)

The companion grade is intended to cover serious members of other professions who although not qualified as Financial and Management Accountants, but do have significant involvement in Accountancy Eligibility is dependent on age (minimum 40 years), academic qualifications, experience and eminence or authority in a particular discipline. Those elected to this grade are entitled to use the post- nominal letter comp FMA and to refer to themselves as a companion of the Institute of Financial and Management Accountant of Nigeria.

TECHNICIANS CERTIFICATE (FMA.T)

Any student that have successful concluded and pass their Foundation examinations will be issued with Technician certificate. Such students are entitled to use and to describe themselves as a technician of the Institute.

GRADUATE

This is for those who have achieved the necessary academic qualification for one of the professional grades and are gaining the required training and experience.

STUDENTS

Open to those who have embarked upon a course of study for an appropriate academic qualification leading to one profession grade of membership.

AFFILIATE

Affiliate membership is open to anyone with an interest in Accountancy.

INSTITUTIONAL MEMBERSHIP

- Business Affiliate.
Open to business and public organizations.
-Educational School Affiliate
Open to Institutions of further and higher education within Nigeria.

EXAMINATION SYLLABUS

The examination syllabus covers the theoretical Knowledge and skill require in order qualifying as a Financial and Management Accountant.

There are twenty papers to qualify you for Associate of the Institute and two dissertations as pre-requisite for Fellow Membership Grade. The dissertations must be on topical issues with case studies in the area of finance and management and must not be less than 8000 (Eight thousand) words (see the syllabus structure for details).

You are required to take the papers in certain order and the examination timetable has been designed to ensure that the correct order is followed. Stage I Level I will need to be completed before level II of the same stage. Examinations are held in May and November of every year.

PRACTICAL EXPERIENCE

BASIC ACCOUNTING: To qualify for the Technician Certificate, it is required that your employer confirms your practical involvement in Financial and management accounting areas of your Corporate Financial System. This basic knowledge and practical experience is very essential for every member of this Accountancy Professional Body.

PROFESSIONAL AND CHARTERED STAGES

(AFMA / FFMA)

In pursuance of your accountancy professional qualification,it is very crucial that you are exposed to the practical the principles of Financial and Management Accountancy, real management problems and participation in decision-making. Also your direct involvement in resource management, decision-making and strategic financial planning will be of paramount importance.

CIFMAN


SYLLABUS STRUCTURE

Each stage will naturally lead to the next one and builds on what has been learnt in the previous stage.

STAGE ONE:
FOUNDATION EXAMINATION LEVEL ONE
FE 1

PAPER ONE: FINANCIAL ACCOUNTING
PAPER TWO: COST ACCOUNTING
PAPER THREE: QUANTITATIVE TECHNIQUE
PAPER FOUR: ORGANIZATION OF PRODUCTION,
WITH CORPORATE PLANNING AND
CONTROL
FOUNDATION EXAMINATION LEVEL TWO FE II

PAPER FIVE: LAW
PAPER SIX: DATA PROCESSING AND MANAGEMENT
INFORMATION TECHNIQUE
PAPER SEVEN: BUSINESS MANAGEMENT AND MARKET
ORGANISATION
PAPER EIGHT: MANAGEMENT ECONOMICS

STAGE TWO:

PROFESSIONAL EXAMINATIONS LEVEL ONE PE I

PAPER NINE: FINANCIAL ACCOUNTANCY
PAPER TEN: MANAGEMENT ACCOUNTANCY
PAPER ELEVEN: AUDIT CONTROL AND
INVESTIGATIONS
PAPER TWELVE: BUSINESS TAXATION

PROFESSIONAL EXAMINATION LEVEL TWO PE II

PAPER THIRTEEN: STRATEGIC MANAGEMENT AND
MARKETING
PAPER FOURTEEN: CORPORATE FINANCE AND
FINANCIAL STRATEGY
PAPER FIFTEEN: PUBLIC SECTOR FINANCE AND
ACCOUNTING
PAPER SIXTEEN: MANAGEMENT INFORMATION
SYSTEM

PROFESSIONAL EXAMINATION LEVEL THREE PE III

PAPER SEVENTEEN: ADVANCED ACCOUNTANCY
PAPER EIGHTEEN: FINANCIAL MANAGEMENT
PAPER NINETEEN: TAX MANAGEMENT
PAPER TWENTY: INTERNATIONAL FINANCE


EXAMINATION RESULTS

The results of the examination will be communicated by post to each candidate; thereafter further correspondence relating to individual results would not be entertained. No information as to individual marks can be given.

REFERALS:

A candidate who has attained a sufficiently high level of performance in the examination, but whose level of achievement in at most two subjects are slightly below pass grade may be referred in such subjects at the foundation level. However for a candidate writing four papers at other levels, only one referral shall be allowed.

PASSMARK:

The pass mark in the Institutes examination is 50%

DATES OF EXAMINATIONS

The examinations are normally held twice each year in May and November.

CLOSING DATES OF ENTRIES

The closing dates for the May Examination is the end of March and that of November is the end of September.

EXAMINATION ENTRY

No person may enter for any of the Institutes examinations unless he has been registered as a student of the Institute and has paid the required annual subscription and examination entry fees in force at the end of entry.


ABSENCE FROM AN EXAMINATION

Examination entries cannot be withdrawn after the closing date in any circumstance. The fees paid for an examination will not be refunded or transferred or transferred to subsequent examination, if a candidate decides not to attempt or is unable to attend the examination.

MISCONDUCT DURING EXAMINATION

The examination regulations prohibit a student from:

-Taking into the examination room or possessing, while in that room, any book, notes or other materials accept those, which have been authorized in the examination attendance docket.

-Aiding or attempting to aid another candidate or obtaining or attempting to obtain aid from another candidate

-Refusing to obey any instruction from the Examination Supervisor or Invigilator

-Giving false or misleading information to require him to leave the Examination Supervisor.

The supervisor is empowered to discontinue the examination of any candidate suspected of misconduct and to require him to leave the examination room.

EXEMPTION GUIDELINES

ACADEMIC QUALIFICATION EXEMPTION FROM

B.Sc. /HND (Accounting) Foundations I II and PE I
from allAccredited
Institutions in Nigeria


B.Sc./HND (Accounting) obtained from All subjects in foundation
recognized Institutions in Nigeria not
yet accredited by the Institute.

MSC (Accounting) obtained from All subjects in foundation recognized Institutions in Nigeria Plus All papers in PE I

PHD (Accounting) As stated in paragraph 2 above



STAGE ONE
FOUNDATION LEVEL 1

PAPER ONE: FINANCIAL ACCOUNTING I

This paper aims to test the candidate ability to:
- Explain the operation of financial accounting systems (manual and computerized) and prepare simple financial statements for incorporated and unincorporated business.
- Relate basic accounting concepts to financial accounting
- Interpret simple financial statements and draw conclusions
- Prepare and read the accounts of a company (without considering subsidiaries or associate of companies) understand their main components and the reasons for external audit.
- Prepare financial accounts for non-group organization on both private and public sectors.
- Implement internal controls and audit procedures
- Measure financial performance of organizations
- Explain the process of financial regulations in the preparation of account
- Explain the influence of price level changes on financial accounts
- Understand the basic principles of taxation including VAT.

SYLLABUS:

The principle of double entry book keeping, mechanized bookkeeping methods including the use of computers. The distinction between capital and Revenue, Income and Expenditure. Records and problems associated with Current Assets and Fixed Elements, depreciation accounts and prepayments, provisions, Revenue and sinking Funds accounts.

Accounting for Bills of Exchange, Receipts and payment accounts, Income and Expenditure, Manufacturing Accounts and the Accounts requirement in the Companies Acts. Consignment accounts. Partnership formation, Admission, acquisition, amalgamation, dissolution and conversion of partnership into Limited Liability Company.



Preparation of financial statements of sole traders, clubs, societies, Receipts and payment account Income and expenditure account; Trading profit and loss account, Balance sheet; Treatment of changes in the constitution of partnerships. Accounts for Information and for decision-making; cash flow statements, ratios.

Elementary Knowledge of taxation: Accounting for VAT, salaries and wages, PAYE, NIC; provision for corporation and capital gains tax.
Emphasis should be laid on the following area.

- An overview of: Formation of partnership, partnership Agreements.
Preparation of final accounts, admission, retirements and death.
Change of interest; revaluation of Assets; goodwill.

- Limited liability Companies Accounts

An overview of: Methods of raising capital; statutory books and records; appointment and duties of directors; company formation; new business; commission of sole proprietorship; conversion of partnership, issues and redemption of shares; stocks and debentures; preparation of first financial statement highlighting the treatment of pore-and post-incorporation items; final accounts for management use; treatment of dividend and taxation (including deferred taxation) in company accounts.

MISCELLANEOUS ACCOUNTS

(a) Joint ventures
(b) Consignment
(c) Goods on sale or return
(d) Royalties
(e) Hire purchase
(f) Branch (except foreign branch)
(g) Bills of exchange
(h) Departmental
(i) Sinking fund



Analysis and Interpretation of Accounts: Trend analysis based on absolute values; Trend analysis based on percentages (common size financial statements) Trend analysis based on percentage (common size financial statements) computation and interpretation of significant ratios form financial statements. Limitation of historical cost based financial statements; simple report writing.

PAPER ONE: FINANCIAL ACCOUNTING - RECOMMENDED TEXTBOOKS
(1) Glautier M WE: - Underdown and Clark AC Basic Accounting
practice pitman 1980.
(2) Lewis, R and Firth M: - Foundation in Accounting 2 prentice /
(3) HALL 1977.
(4) Mazee, CC: - Framework of Accountancy, Macdoneld and Evan
(5) Vickery: - Principles and International at practice of Bookkeeping and Accounts.
(6) Wood F: - Business Accounting volumes 1 and 2 Long man 1868 W/Aed.1983.



PAPER TWO COST ACCOUNTING I

This paper aims to test the candidate ability to:
- Understand how component elements of cost make up the total cost of an activity, service or product.
- Prepare cost accounting records and statements of profit for management from cost accounting records in particular operational environments.
- Explain the purpose of various cost accounting methods and activities and their relevance to management and decision-making.
- Apply cost accounting principles and techniques to all kinds of organizations
- Analysis and critically evaluate information for cost ascertainment planning, control and decision-making.
- Interpret cost accounting statements.
- Control of costs.
- Provision of information to assist in the formulation of management policy.

SYLLABUS

To provide an understanding of costing principles and their applications to manufacturing and service industry. The nature classification of cost. The elements of cost center and cost units. The relationship between cost financial accounts, cost bookkeeping through double entry theory. Theory of cost behavior introduction to the theory of control in accountancy.

Student should however lay emphasis on the elements of cost; such as cost centers, cost unit and cost behavior; material classification; stock valuation methods and their effects on profit; labor remuneration theories and principle of pay roll routine overhead classification and analysis principles of apportionment of cost centers and absorption into cost units; marginal costing and absorption costing; break-even chart and margin of safety.

Material: procurement, receipt, custody, issue, control of stock levels, pricing, receipts and issues evaluation of stocks.

Labor: time keeping and recording, remuneration systems, payroll preparation wages, office procedure, treatment of overtime and idle time.
Overhead: nature, classification, allocation appointment, absorption treatment of overhead nature classification, allocation, appointment, absorption, treatment of under and over-absorption, overhead treatment of depreciation interest on capital.

Budget and variance: Budget preparation, master budget, cash budget, cost estimation and estimating techniques budgetary control and standard costing. Elementary variance analysis materials labor overheads, mix and yield preparation and reconciliation of budgeted and actual reports. Interpretation and investigation of variances. Limitation of budgeting system.

Cost Control: Cost control and cost reduction techniques; value analysis,
Work study, method study, and quality control techniques.
New Approaches To Costing: Introduction to activity Based Costing (ABC); just in Time (JIT) implication of costing in relation to Advanced Manufacturing Techniques (AMT).

Integrated of Accounts: Definition of integrated and interlocking account: bookkeeping entries for costing systems and integrated accounts; Reconciliation of financial and cost accounting profit.

PAPER TWO: COST ACCOUNTING RECOMMENDED TEXTBOOKS

(1) Baggot J. Cost and Management Accounting made simple Landon W H Allen
(2) Buyers C.J. and Holmes GA principle of Cost Accounting;
(3) Harcourt Bruce Johanovich, Accounting Data for Management Decision.
(4) Horngreu C T Cost Accounting A Managerial Emphasis, Prentice Hall
(5) Omolehinwa E., Loping with Cost Accounting Prinmark Publishers Lagos.
(6) T. Lucey Costing


PAPER THREE QUANTITATIVE TECHNIQUE

This paper aims to test the candidate ability to:
- Recognize when a quantitative approach is applicable.
- Use quantitative methods to obtain accurate and reliable management information; explain and present result.
- Ascertain knowledge of business mathematics descriptive statistics, decision analysis, and forecasting and related techniques.

SYLLABUS

- FINANCIAL MATHEMATICS

Rates of interest and Annual percentage Rate (APR); Accounting and the concept of present value; methods of appraising investment average annual rate of return and internal rate of return, Annuities; discounted cash flow, treatment of depreciation.

- FORECASTING
Estimating a mean and surveying by sampling; Time series analysis; Estimation an prediction using regression; Establishing trends line by eye; Forecasting.

- CONCEPT OF SETS
Definition of s set, types of sets e. g. null, subset, finite, infinite, universal equivalent and equal sets; operation e.g. Union, intersection, difference, complement number of elements in the Union of sets; Venn diagrams, application of set theory to solve business related problems.

- FUNCTIONS
Definition of a function types of functions e.g. liner quadratic exponential and their solution including graphical treatment, applications involving cost, revenue and profit functions, break-even point in quantity and value; significance of break-even point.



MATRIX ALGEBRA

Meaning of a matrix; types of matrices e.g. Unit or identity, null, square, diagonal; basic operation with matrices e.g. addition, subtraction of matrices multiplication of matrices and conditions under which this is possible; meaning of determinant and its determination; transpose of a matrix; inverse of a matrix its meaning and determination (Limited to 3x3 square matrix); applications of matrices to solving business related problem e.g. solutions of systems of linear equations.

- DIFFERENTIATION

Meaning of slope or gradient or derivative; rules for differentiating the following functions, power (e.g. y = axu), product quotient, function, exponential; applications of a differentiation e.g. finding marginal, elasticity, maximum and minimum values. Integration of rules for integrating simple functions only; application of integration in business e.g. finding total functions from marginal functions, determination of consumers and producers surplus.

- HANDLING STATISTICAL DATA

Collection of statistical data mail questionnaire, interview,observation; sampling methods simple random, stratified,systematic quota, multi stage; tabulation and classification of data;
presentation charts graphs, diagrams including various bar charts pie charts ogive, polygon, and histogram, z chart Lorenz curve.

-MEASURES OF CENTRAL TENDENCY arithmetic mean, median, mode, geometric and harmonic means. Measures of variations.
-RANGE MEAN DEVIATION, variance, and standard deviation, co-efficient of variation, quartiles, quartiles deviation and skewness.


- MEASURES OF RELATIONSHIP

CORRELATION (LINEAR)meaning, scatter diagrams, nature of correlation (positive, negative) meaning of correlation coefficient and its determination, rank correlation.

-REGRESSION ANALYSIS (LINEAR) normal equations and the determination of the regression line, interpretation of regression constant and regression coefficients, use of regression line for estimation, coefficient determination (Meaning and Interpretation).

-TIME SERIES ANALYSIS: Meaning of time series, basic components, methods for measuring trends i.e. graphical moving averages, link relative, ratio to trend.

-INDEX NUMBERS: Meaning, problems associated with the construction of index numbers, unweighted index number i.e. simple aggregative index mean of price relatives weighted index numbers e.g. Laspeyre, Paaseh, fisher and Marshal Edge worth.

-PROBABILITY: Measurement (addition and multiplication laws) Mathematical expectation, permutations and combinations, probability distributions e.g. binomial, Poisson, normal and their applications in business.

-ESTIMATION AND SIGNIFICANT TESTING: Confidence interval meaning, confidence interval for mean and proportion. Meaning of hypothesis, TYPE I and TYPE II errors; level of significance. Test concerning means and proportion including small samples.


RECOMM ENDED TEXTBOOKS
PAPER THREE: QUANTITATIVE TECHIQUE

(1) ACCA study text Quantitative Analysis
ADAMU J.O AND JOHNSON J.L. statistic for Beginners, E
(2)Inauza, EL and Osayinwese I, Mathematics for Business, Onibonje Press
(3)Lapin L.L., Quantitative methods for Business Decisions, Harcourt Brace Javanovich
(4)Rev R.I. et al Quantitative Approaches to Management MC Grans Hill.
(5)Rincey J. Quantitative Technique Arnistructional manuals DPP Publication Ltd.
(6)Marsland M.W. Quantitative Techniques for Business Polytechnique
Thir Kettle GL Wheldon Business statistics Methods ELB/Macdonald and Evans.
Johnson R.H. and Paul R wim:
Quantitative methods for Management Holization mi fflni Company Boston Agbadudu Quantitative Technique for Business Lagos University Press.


PAPER FOUR: ORGANISATION OF PRODUCTION WITH CORPORATE
PLANNING AND CONTROL.

This paper aims to test the candidate ability to:

Have knowledge of the various types of organization which a Financial
and Management Accountant might serve or have contact with.

Understand various ways in which production activities are organized and carried out.

SYLLABUS
-Types of business organization and their institutions in the private and public sectors their roles, objectives, social and economic responsibilities (to include) manufacturing and commercial business, public authorities, nationalized undertakings, government departments, social service and trade