ACC 311: Entrepreneurship in Accounting Education

Learning Outcomes

At the end of this course, students should be able to:

1. discuss employment and employers;
2. identify inherent potential in accounting graduates to create self-employment and self actualization;

• appreciate the nature and potential of small-scale enterprises;
• acquire proper orientation between vision and mission in entrepreneurship;
• familiarize with various aspect of accounting jobs that can be engaged in as graduates which will move from small to medium to large scale;
• acquire exposure into the sources of finance available to accounting business owners; discuss the legal framework, documentation and registration of business enterprise; and
• appreciate partnership opportunities in accounting entrepreneurship.

Course Contents

Principle of entrepreneurship. Vision and mission defined, compared and contrasted. Sources of accounting business opportunities and ideas in accounting, auditing, taxation, forensic examination, liquidation and insolvency practices. Feasibility studies into accounting business opportunities. Preparation of business plans. Overview of small business in the Nigerian economy, definition of small business, state and trend of small business; financial and administrative control, future of small business, and legal dimensions in the management of small business. Entrepreneurial discussions regarding the key business areas of finance, accounting, marketing and management regarding small business will be considered. Sources of venture capital for accounting entrepreneurs. Articleship and internship in accounting education. Certification and registration process in accounting businesses. Partnership in accounting education. Accounting information Bureau. Setting up a mini accounting office. Place of mentoring in accounting entrepreneurship.