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Jamb Principles of Accounts Syllabus For UTME Exam 2021/22 | Read & Get PDF

Jamb Principles of Accounts Syllabus For UTME Exam 2021/2022 | Read & Download PDF.

Jamb Principles of Accounts Syllabus

Jamb Principles of Accounts Syllabus: Hello Viewer in this article i would like to share the latest & updated syllabus for Jamb Principles of Accounts, Are you among those that are getting prepared for the upcoming UTME examination if yes, have you been searching for Jamb Principles of Accounts Syllabus if yes, then i guess this article is for you:

Are you participating in the 2021/22 United Tertiary Matriculation Examination, then start preparing now, without wasting much of you time i will highlight the first step you need to take:

  1. Choice a course
  2. Make a research on the course
  3. Search for the O’level requirement of the course
  4. Then Lastly, make research on Jamb Subject combination of the course if Principles of Accounts subject is among then you are good to go.

Jamb Principles of Accounts Syllabus 2021/2022 General Objective

The aim of the Unified Tertiary Matriculation Examination (UTME) syllabus in Principles of
Accounts is to prepare the candidates for the Board’s examination. It is designed to test their achievement of the course objectives, which are to:

  1. Stimulate and sustain their interest in Principles of Accounts;
  2. Use the basic knowledge of and practical skills in Accounting;
  3. Apply the knowledge of interpretation of accounting information to decision making;
  4. Determine the relevance of accounting to business and governments;
  5. Use information and communication technology for present and future challenges.

1. Nature and Significance of Accounting

a. Development of accounting (including branches of accounting)
b. Objectives of bookkeeping and accounting;
c. Principles, concepts and conventions of accounting (nature, significance and
d. Role of accounting records and information

2. Principles of Double Entry

a. Functions of source documents
b. Books of original entry
c. Accounting equation
d. The ledger and its classifications
e. Trial balance
f. Types and treatment of errors and use of suspense account

3. Cash Book

a. Petty cash book and the imprest system
b. Columnar cash books
c. Discounts

4. Bank Transactions and Reconciliation Statements

a. Instrument of bank transactions
b. e-banking system
c. Courses of discrepancies between cash book and bank statement
d. Bank reconciliation statement

5. The Final Accounts of a Sole Trader

a. Trading and profit and loss account
b. Balance sheet
c. Adjustments:

i. provision for bad and doubtful debt
ii. provision for discounts
iii. provision for depreciation using the straight line and reducing balance methods
iv. accruals and prepayments
v. drawings

6. Stock Valuation

a. Methods of cost determination using FIFO, LIFO, and simple average
b. The advantages and disadvantages of the methods
c. The importance of stock valuation

7. Control Accounts and Self-balancing Ledgers

a. Uses of control accounts
b. Purchases ledger control account
c. Sales ledger control account

8. Incomplete Records and Single Entry

a. Conversion of single entry to double entry
b. Determination of missing figures
c. Preparation of final accounts from incomplete records

9. Manufacturing Accounts

a. Cost classification
b. Cost apportionment
c. Preparation of manufacturing account

10. Accounts of Not-For-Profit-Making Organizations.

a. Objectives of not-for-profit making organizations
b. Receipts and payments account
c. Income and expenditure account
d. Balance sheet

11. Departmental Accounts

a. Objectives
b. Apportionment of expenses
c. Departmental trading and profit and loss account

12. Branch Accounts

a. Objectives
b. Branch accounts in the head office books
c. Head office account
d. Reconciliation of branch and head office books

13. Partnership Accounts

a. Formation of partnership
b. Profit and loss account
c. Appropriation account
d. Partners current and capital accounts
e. Treatment of goodwill
f. Admission/retirement of a partner
g. Dissolution of partnership
h. Conversion of a partnership to a company

14. Introduction to Company Accounts

a. Formation and classification of companies
b. Issue of shares and debentures
c. Forms of final accounts of companies
d. Interpretation of accounts using ratios.
e. Distinction between capital and revenue reserves

15. Public Sector Accounting

a. Comparison of cash and accrual basis of accounting
b. Sources of government revenue
c. Capital and recurrent expenditure
d. Consolidated revenue fund
e. Statement of assets and liabilities
f. Responsibilities and powers of:

i. The Accountant General
ii. The Auditor General
i. The Minister of Finance
ii. The Treasurer of local government

g. Instruments of financial regulation

Jamb Principle Of Accounts Syllabus Recommended Textbook

  • Adeifa O. Ajileye, J. O and Oluwasanna, R. O (2001). Get your Financial Accounting Right. Book One: Oyo, Tenlad Press International.
  • Ajileye, J. O. and Adetifa O. (2001). Get your Financial Accounting Right, Book Two: Lagos: De Hadey Printing Services
  • Akinduko, A. O (2001). Basic Accounting: Akure: Spetins
  • Anao, A. R (1993). An Introduction to Financial Accounting, Lagos: Longman
  • Awoyemi, E. O. (1989). A guide to Government Accounting and Internal Audit, Ibadan: Onibonje Press
  • Dodge, R. (2002). Foundation of Business Accounting, (Second Edition), Bershire: Chapman and Hall
  • Ekwere, A. B. (1997). Contemporary Accounting, Abuja: Aflon Finance (Control and Management) Act 1959
  • Frank, W. and Omuya, J. O. (1988). Book keeping and Accounting for Senior Secondary Schools, Vols. 1 & 2 London: Pitman
  • Hassan M. M. (2001). Government Accounting, Lagos: Malthouse Press Limited
  • Igben, R. O. (2004). Financial Accounting Made Simple (Vol. I) Lagos: Roi Publishers
  • Longe, O. A. and Kazeem, R. A (2006). Essential Financial Accounting for Senior Secondary Schools: Lagos: Tonad Publishers Limited
  • Millichamp, A. H. (1989). Foundation Accounting: An Introduction manual for Accounting Students, London: DP Publications
  • Okwoli, A. A. (1995). Financial Accounting, Zaria: Tamaza Publishers
  • Oshisami, K. (1997). Government Accounting and Financial Control: Ibadan: Spectrum


That’s all about Jamb Principles of Accounts Syllabus 2021, hope this article is helpful if you have any question feel free to let us know,



JAMB Syllabus 2021/2022 For All Subject: View & Download PDF

JAMB Syllabus 2021/2022 For All Subject: View & Download PDF.

Jamb syllabus

JAMB Syllabus: Hello Viewer, welcome to, In this article, I would like to discuss with you about JAMB 2021 Syllabus, have you been searching for the latest update/version of JAMB Syllabi then i guess you are at the right portal, this page is strictly created for Jamb 2021 Syllabus,

In case you are new to Jamb Syllabus, and you have been wondering what Jamb Syllabus is all about, is a sort of book which is made available in either Hard copy or Soft Copy for all subjects which contains all the Topics for each subject that an individual is expected to know and study on.

This is to inform the general public especially those who will be sitting for the JAMB 2021 Examination that JAMB Subject Syllabus for the 2021 session has been released and can be downloaded below:

JAMB 2021 Syllabus For All Subject (View & Get PDF) Below.

This Jamb Subject Syllabus is a direct expo of what you are to expect in the coming UTME 2020 Examination. It helps you prepare more and as well evaluate yourself before the examination date

JAMB Syllabus For Science Subjects:

JAMB Syllabus For Social Science Subject:

JAMB Syllabus For Arts Subject:

How To Use Jamb 2021 Syllabus

  • The syllabus is available in PDF. First, download the JAMB syllabus for your course of study.
  • Use a PDF application to access it.
  • On each subject you open, you will see the aim, after which is the topics/contents/notes and the Objective
  • Look at the topics/contents/notes and also check the objectives
  • Then scroll down to the end of the PDF and see the recommended textbooks
  • Look for one of the recommended textbooks and open to any topic you which to learn and study it by following the objectives.




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