Career Development in Accounting
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Questions and Answers

What is one of the primary responsibilities of the Principal Executive Officer?

  • Representing the organization in court
  • Conducting external audits for the organization
  • Maintaining subsidiary accounts books (correct)
  • Recruiting staff for the organization
  • Which payment systems does the Principal Executive Officer have to initiate payments on?

  • Remita and GIFMIS (correct)
  • Payoneer and Bitcoin wallets
  • Electronic Funds Transfer (EFT) and Western Union
  • SWIFT and PayPal
  • Which of the following tasks is NOT part of the Principal Executive Officer's responsibilities?

  • Liaising with other MDAs on financial issues
  • Preparing daily financial management reports
  • Conducting financial audits (correct)
  • Performing accounting roles assigned by the Head of Accounts
  • In which committee is the Principal Executive Officer a member?

    <p>Audit Committee for Federal Government Staff Housing Loans Board</p> Signup and view all the answers

    Which of the following languages is NOT spoken by the Principal Executive Officer?

    <p>Igbo</p> Signup and view all the answers

    What is Igbanor Micheal Abu's date of birth?

    <p>26th September, 1977</p> Signup and view all the answers

    Which professional qualification did Igbanor Micheal Abu obtain in 2019?

    <p>ACA</p> Signup and view all the answers

    What type of system did Igbanor contribute to for payroll management?

    <p>Integrated Personnel Payroll System</p> Signup and view all the answers

    What academic qualification did Igbanor achieve between 2016 and 2018?

    <p>Master's Degree in Business Administration</p> Signup and view all the answers

    In which organization is Igbanor currently employed?

    <p>Ministry of Defence Hqtrs</p> Signup and view all the answers

    Which of the following is a skill Igbanor is proficient in?

    <p>Microsoft Office Applications</p> Signup and view all the answers

    What major role did Igbanor play in the Federal Government Housing Loans Board?

    <p>Implementing the financial information system</p> Signup and view all the answers

    What did Igbanor achieve with the payroll role system design?

    <p>Streamlined accounting processes</p> Signup and view all the answers

    Study Notes

    Personal Information

    • Name: Igbanor Micheal Abu
    • Nationality: Nigerian
    • Date of Birth: September 26, 1977
    • Contact: +2347067634553
    • Address: M2B Ama Pepple Housing Estate Phase 2, Kyami District, Airport Road, Abuja, Nigeria

    Career Interests

    • Aspiring to become a Chartered Accountant (ACA, CIFIA, CILRM, MBA with Finance Option)

    Achievements

    • Successfully established statutory accounting practices in an educational institution.
    • Developed an Excel-based payroll system for timely salary payments during the transition to the Integrated Personnel Payroll System.
    • Contributed to the startup team for the Federal Government's Integrated Personnel Payroll System at the Federal Government Housing Loans Board.
    • Involved in the implementation of the Federal Government's Integrated Financial Information System for the same agency.

    Computer Skills

    • Proficient in Microsoft Office Suite (Word, Excel, PowerPoint).

    Academic Qualifications

    • Master's Degree in Business Administration (Finance Option) from the University of Nasarawa (2016 - 2018)
    • Higher National Diploma in Accountancy from Federal Polytechnic Nasarawa (2006 - 2008)
    • Ordinary National Diploma in Accountancy from Federal Polytechnic Nasarawa (2005 - 2006)
    • Ordinary National Diploma in Business Administration/Management from Federal Polytechnic Auchi, Edo State (2003 - 2005)

    Professional Qualifications

    • Associate Chartered Accountant (ACA) from the Institute of Chartered Accountants of Nigeria (2019)
    • Chartered Financial and Investment Analyst (CIFIAN) (2017)
    • Chartered Institute of Loans & Risk Managers of Nigeria (CILRM) (2018)

    Professional Experience

    • Current Position: Principal Executive Officer (GL 12) at the Federal Government of Nigeria, Office of the Accountant General (2001 - present) at the Ministry of Defence Headquarters.
    • Responsibilities include maintaining subsidiary account books, payroll preparation, payment processing through Remita and GIFMIS, and financial report generation.
    • Engages in cross-departmental collaboration with other MDAs on financial matters.
    • Member of the Audit and Procurement Committees for the Federal Government Staff Housing Loans Board.
    • Duties include ensuring compliance with financial rules and regulations during payment voucher processing.

    Language Proficiency

    • Fluent in English, Hausa, and Etsako.

    References

    • Ejeregbe Solomon, Chief Accountant (FGSHLB), +2348065070322
    • Okosun Kingsley, Assistant Controller of Prisons, +2348033422609

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    Description

    Explore the path to becoming a Chartered Accountant with emphasis on skills, qualifications, and achievements. This quiz covers personal interests and accomplishments, along with essential computer skills needed in the finance sector. Understand how to navigate your career in accounting effectively.

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