Official NUC CCMAS syllabus

ACC 405 — Bankruptcy & Liquidation

ACC department course · Nigerian universities

What you'll be able to do (official learning outcomes)

• demonstrate understanding of relevant concepts and procedures covering bankruptcy and liquidation
• discuss and prepare relevant statements of affairs in bankruptcy and receivership
• explain the procedures relating to executorship and prepare relevant statements of affairs
• differentiate between trust and trusteeship arrangements
• prepare Liquidation accounts
• explain deed of arrangements

Course contents

Bankruptcy, covering basic concepts, causes of bankruptcy and liquidation procedures. Deeds of arrangement in relation to scheme of arrangement and property available for distribution. The roles of official receiver, trustee and classes of creditors. Process of lodging and payment of debt in bankruptcy and liquidation.

Source: the Nigerian Universities Commission (NUC) Core Curriculum and Minimum Academic Standards (CCMAS). StudyOps loads this syllabus automatically when you study ACC 405.

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