JAMB and WAEC Subject Combination for Accountancy
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2024 JAMB And WAEC Subject Combination For Accountancy

JAMB And WAEC Subject Combination For Accountancy – Looking for the subject combination for Accounting in JAMB and WAEC?, thinking of the schools to apply for accounting in Nigeria? wish to know the job positions available for accounting students? then you are some words away from that information.

we will give you everything you wish to know about accounting, but first, let’s take a brief overview of accounting

JAMB and WAEC Subject Combination for Accountancy
JAMB and WAEC Subject Combination for Accountancy

Overview Of Accounting 

Accounting is the process of recording, analyzing, summarizing, and reporting financial transactions of a business or an organization to provide the financial position and performance of a business, to enable decisions

Persons who work in this field are known as accountants and they record financial transactions such as sales, purchases, expenses, etc.

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Importance Of Accounting 

Here are the most outlined importance of accounting

  1. Accounting enables the management to make informed decisions about the allocation of resources, investment, and strategic planning
  2. Accounting also helps in the preparation of budgets  and financial forecasts which allows business to set their financial goals
  3. Accounting helps to identify financial risks and challenges
  4. It helps to develop risk management strategies and also develop contingency plans
  5. The account serves as a record-keeping system, documenting the financial history of the business.
  6. It helps to access the financial health and performance of the business before making an investment
  7. It is used to evaluate creditworthiness and financial business
  8. It shows the revenues and expenses over a specific period
  9. Tracks cashflows and outflows during a specific period

WAEC Subject Combination For Accounting

Yet to register for WAEC?, Need the right subject combination for your West African Examination Council.

Here is a list  of subject that is needed for WAEC

They include:

  1. Mathematics
  2. English language
  3. Economics
  4. Principles of accounts
  5. Commerce
  6. Government
  7. Geography
  8. Any other social science subjects

It is necessary to note that you need a minimum of 5credit in relevant subjects in not more than 2 sittings

JAMB Subject Combination For Accounting

The following are the subject combinations for accounting in JAMB. you have to note that the needed cut of point is 200 and above.

as such you need to have like 50 and above in each of the subjects. the subjects include d

  1. English language
  2. Mathematics
  3. Economics
  4.  Government or commerce
Schools In Nigeria Where You Can Study Accounting 

The following are the universities that offer Accounting in Nigeria

  1.  University of Lagos, Lagos
  2. Ahmadu Bello University, Zaria
  3. University of Ibadan, Ibadan
  4. Obafemi Awolowo University, Ile-Ife
  5. University of Nigeria, Nsukka
  6. Lagos State University, Ojo
  7. Covenant University, Ota
  8. University of Benin, Benin City
  9. Abubakar Tafawa Balewa University, Bauchi
  10. Bayero University Kano, Kano
  11. University of Ilorin, Ilorin
  12. Babcock University, Ilishan-Remo
  13. University of Jos, Jos
  14. Federal University of Technology, Akure
  15. University of Agriculture, Makurdi
  16. Rivers State University, Port Harcourt
  17. Nnamdi Azikiwe University, Awka
  18. Federal University of Petroleum Resources, Effurun
  19. Lagos Business School, Pan-Atlantic University, Lagos
  20. Adekunle Ajasin University, Akungba-Akoko
  21. Ambrose Alli University, Ekpoma
  22. Federal University of Agriculture, Abeokuta
  23. Kwara State University, Malete
  24. Delta State University, Abraka
  25. Osun State University, Osogbo
  26. Enugu St. University of Science and Technology
  27. University of Calabar, Calabar
  28. Bowen University, Iwo
  29. Kogi State University, Anyigba
  30. Nasarawa State University, Keffi
  31. Ebonyi State University, Abakaliki
  32. University of Uyo, Uyo
  33. Adeleke University, Ede
  34. Ekiti State University, Ado-Ekiti
  35. Benue State University, Makurdi
  36. Federal University of Technology, Minna
  37. Imo State University, Owerri
  38. University of Port Harcourt, Port Harcourt
  39. Akwa Ibom State University, Uyo
  40. Federal University, Ndufu-Alike

Places Graduates Of Accounting can work 

Here are the places an accounting graduate can work.

  1. Public Accounting Firms
  2. Private Accounting Firms
  3. Corporate Finance Departments
  4. Government Agencies
  5. Nonprofit Organizations
  6. Internal Audit Departments
  7. External Audit Firms
  8. Tax Consulting Firms
  9. Financial Planning Firms
  10. Investment Banks
  11. Commercial Banks
  12. Credit Unions
  13. Insurance Companies
  14. Real Estate Companies
  15. Management Consulting Firms
  16. Retail Companies
  17. Manufacturing Companies
  18. Technology Companies
  19. Energy Companies
  20. Healthcare Organizations
  21. Educational Institutions
  22. Hospitality and Tourism Industry
  23. Law Firms
  24. Telecommunications Companies
  25. Environmental Organizations
  26. Pharmaceutical Companies
  27. Government Regulatory Agencies
  28. International Organizations
  29. Research Institutions
  30. Start-up Companies
  31. Venture Capital Firms
  32. Private Equity Firms
  33. Financial Services Industry
  34. E-commerce Companies
  35. Agriculture and Agribusiness
  36. Transportation and Logistics Companies
  37. Sports and Entertainment Industry
  38. Media and Broadcasting Companies
  39. Construction Companies
  40. Consulting Firms
  41. Manufacturing Companies
  42. Gaming and Entertainment Companies
  43. Retail Banking
  44. Wealth Management Firms
  45. Family Offices
  46. Forensic Accounting Firms
  47. Treasury Departments
  48. Municipalities and Local Government
  49. Economic Development Agencies
  50. Public Relations Agencies
  51. Food and Beverage Industry
  52. Automobile Industry
  53. Aerospace and Defense Industry
  54. Social Impact Organizations
  55. Law Enforcement Agencies
  56. Publishing Companies
  57. Cybersecurity Companies
  58. Cloud Computing Companies
  59. Mobile App Development Companies
  60. Information Technology Auditing Firms
Job positions Available for Graduates Of Accounting 

Here is a list of job positions available for graduates of Accounting

  1.  Staff Accountant
  2. Financial Analyst
  3. Auditor (Internal or External)
  4. Tax Accountant
  5. Management Accountant
  6. Forensic Accountant
  7. Budget Analyst
  8. Credit Analyst
  9. Cost Accountant
  10. Treasury Analyst
  11. Financial Controller
  12. Finance Manager
  13. Corporate Accountant
  14. Bookkeeper
  15. Payroll Accountant
  16. Risk Analyst
  17. Revenue Analyst
  18. Internal Auditor
  19. External Auditor
  20. Financial Planner
  21. Tax Consultant
  22. Business Analyst
  23. Cost Analyst
  24. Investment Analyst
  25. Compliance Officer
  26. Government Accountant
  27. Nonprofit Accountant
  28. Management Consultant
  29. Financial Reporting Analyst
  30. Treasury Accountant
  31. Senior Accountant
  32. Accounting Manager
  33. Controller
  34. Chief Financial Officer (CFO)
  35. Financial Services Consultant
  36. Fraud Examiner
  37. Business Systems Analyst
  38. Data Analyst (Finance)
  39. Mergers and Acquisitions Analyst
  40. Corporate Finance Analyst

Frequently Asked Question

Why is the trial balance important in accounting?

The trial balance is essential for ensuring that the debits and credits in the accounting system are equal. It is a preliminary step in the preparation of financial statements.

How is depreciation calculated?

It is calculated using methods such as straight-line, declining balance, or units of production.

What is the purpose of an audit?

An audit is conducted to provide an independent examination of financial information to ensure its accuracy and compliance with accounting standards.

Conclusion 

Here is a brief description of the subjects that need to be available in JAMB and WAEC for students who wish to study accounting in their university education.

For more information and inquiries you can drop a comment in the comment box below.

Honour
Honour is a Digital (SEO) Content Developer at LegitSchoolInfo.com. Legit School Info is a team of Resource academicians and Consultants led by John Akpan. However, If you need personal assistance on this topic, kindly contact us.

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