JAMB Syllabus For Principles Of Accounting 2025/2026

What is the JAMB Syllabus for Principles of Accounting?

The JAMB syllabus for Principles of Accounting is an official document that outlines the topics and objectives candidates are expected to study and understand for the Unified Tertiary Matriculation Examination (UTME). It serves as a roadmap, ensuring that students focus on relevant topics while preparing.

Objectives of the JAMB Principles of Accounting Syllabus

Build a strong foundation in accounting concepts and principles.
Develop problem-solving and analytical skills.
Enable candidates to apply accounting knowledge in real-life scenarios.
Encourage ethical practices in accounting and financial reporting.
Promote the use of modern accounting tools and technologies.

JAMB Principles of Accounting Syllabus 2025/2026

Here’s a detailed breakdown of the main topics you need to cover:

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1. Nature and Purpose of Accounting

Evolution and branches of accounting.
Objectives of bookkeeping and accounting.
Users and importance of accounting information.
Basic accounting principles and concepts.

2. Double Entry Principle

Source documents and their importance.
Books of original entry (e.g., journals and ledgers).
Trial balance preparation and error correction.

3. Ethics in Accounting

Accounting ethics: Transparency, integrity, and fairness.
The role of ethics in financial decision-making.

4. Cash Book

Two-column and three-column cash books.
Petty cash book and imprest system.
Discounts: Trade and cash discounts.

5. Bank Reconciliation

Bank transactions and instruments.
Causes of discrepancies in bank statements.
Preparation of bank reconciliation statements.

6. Final Accounts of a Sole Trader

Trading, Profit & Loss Accounts.
Balance Sheet preparation.
Adjustments like depreciation, accruals, and prepayments.

7. Stock Valuation

FIFO, LIFO, and average methods.
Importance of stock valuation in accounting.

8. Control Accounts

Purpose of control accounts.
Preparation of Sales and Purchases Ledger Control Accounts.

9. Incomplete Records

Conversion of single entry to double entry.
Preparing final accounts from incomplete records.

10. Manufacturing Accounts

Classification of costs.
Preparing manufacturing accounts.

11. Not-for-Profit Organizations

Receipts and Payments Account.
Income and Expenditure Account.
Preparation of a Statement of Financial Position.

12. Departmental Accounts

Importance of departmental accounting.
Apportionment of expenses and preparation of accounts.

13. Branch Accounts

Accounting for branch transactions.
Reconciliation between branch and head office accounts.

14. Partnership Accounts

Formation, admission, and retirement of partners.
Goodwill valuation and treatment.
Dissolution of partnerships.

15. Joint Venture Accounts

Nature of joint ventures.
Personal and memorandum joint venture accounts.

JAMB Syllabus for Principles of Accounting 2025/2026