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‘Our students are groomed on new innovations in accounting practices’



A Professor of Accounting and Finance, Babcock University, Ilishan Remo, Ogun State, Rufus Akintoye has reiterated his commitment to ensuring that accounting education and its professionals in the country are rejuvenated.

Akintoye, who made this known while unfolding series of plans by his department for students of the institution, said he is working in conjunction with other pillars of accounting education like Professors Enyi Patrick Enyi and Sunday Ajao Owolabi alongside other accounting scholars who have collaborated to make the programme workable in the institution.

The international scholar with over 70 publications, local and international to his credit, who has attended many conferences and read many papers in the area of accounting, finance and financial economics, said the effort to distinguish the programme started during the administration of the former vice chancellor, Prof Kayode Makinde, when he was invited in December 2012 to join the team in the department for the running of postgraduate programmes of MSc and PhD Accounting.


“The MSc programme continued till 2014 when I was appointed to steer the ship of the Department of Accounting, when I swung into action by repositioning the department by working with other erudite scholars to pursue the PhD Accounting, which the National Universities Commission (NUC) had earlier denied.

“With this move, the students would perform better, especially with innovation, introduction and implementation of new ideas and programmes hitherto alien to the profession,” he said.
Akintoye noted that he afterwards introduced a collaborative programme, which was in place at the University of Cape Town, South Africa when he was concluding his PhD.

Asked how the innovation would affect accounting education and turn things around in the profession in general, the don said: “Babcock University would be producing its first set of about 19 PhD graduates with contemporary discourse in accounting theories, three of which have won research grants before the ongoing oral examinations.

“With every sense of humility and awareness, history is now to be made since 1948 till now when it has not been possible to produce five PhD holders in Accounting Education at a stretch. I can assure you that Babcock will be producing its first set of PhD Accounting graduates, this number and model will be the first in the history of accounting education in Nigeria where timely qualitative doctoral accounting degree has always been regarded as a tall order.”

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