Ethics, Professional and Regulatory Bodies

Contents & notes: what this topic covers

Under Ethics, Professional and Regulatory Bodies, the JAMB Principles of Accounts syllabus expects you to study:

• 3. Ethics, Professional and Regulatory Bodies in Accounting a. Objectives b. Qualities of an Accountant c. Accounting professional bodies in Nigeria d. Accounting regulatory bodies

Study notes & guidance

Study Ethics, Professional and Regulatory Bodies using a recommended Principles of Accounts textbook that follows the JAMB syllabus. Work through the contents listed above one by one, make brief notes in your own words, and then practise as many questions on this topic as you can — in Principles of Accounts, understanding and steady practice matter far more than memorising. Use the objectives below as a checklist: if you can do each one confidently, you have mastered this topic.

Objectives — candidates should be able to

After studying Ethics, Professional and Regulatory Bodies, you should be able to:

1. Understand the ethics required in preparing and presenting Accounting information;
2. Understand qualities of an Accountant such as honesty, integrity, transparency, accountability and fairness;
3. Understand the purpose and functions of Accounting professional bodies in Nigeria; and
4. Understand the purpose and functions of Accounting regulatory bodies in Nigeria e.g. Financial Reporting Council of Nigeria (FRCN), Corporate Affairs Commission (CAC) and International Accounting Standard Board (IASB).

These objectives are from the official JAMB syllabus. Use them as a checklist — if you can do each one confidently, you have mastered this topic.

Source: official JAMB UTME Principles of Accounts syllabus (IBASS, jamb.gov.ng). Reproduced for study use. Last checked: 17 Sept 2026. Always confirm the current syllabus on the official portal.