SUN-ACC 416-EXECUTORSHIP, BANKRUPTCY AND LIQUIDATION

                                         COURSE OUTLINE

Course Title: Executorship, Bankruptcy & Liquidation

Course Code: ACC 416

Credit Hours: 45 hours

Unit:  3 units

CONTENTS:

        i.         1. Bankruptcy, covering basic concepts, causes of bankruptcy and liquidation procedures.

      ii.          2. Deeds of arrangement in relation to scheme of arrangement and property available for distribution.

    iii.          3.The roles of official receiver, trustee and classes of creditors.

    iv.          4. Process of lodging and payment of debt in bankruptcy and liquidation.

      v.          5. Preparation of statements of affairs, deficiency/surplus accounts and liquidators accounts.         6.Executorships including description and basic concepts, wills and executor.

    vi.         7. Trust covering definition, relevant concepts, board of trustees and committee of inspection. 8.Administration of insolvent estates, trusts and estates of deceased person.

  vii.           9. Deeds of arrangements, disposition of property by wills and letters of administration; and prepare accounts relating to the administration of insolvent estates and trusteeship.

 

 

 

LECTURER-IN CHARGE:

PATRIOT ODUNARO BABATUNDE JIMOH (08038454008)

      (HOD ACCOUNTANCY LCP)