This academic article summarizes a study that investigated the gap between accounting theory taught in universities and accounting practice in Ghana. The study found that accounting education emphasizes quantitative techniques and decision making models, while placing less focus on newer areas like performance management, strategic management, and computerized accounting systems. It recommends that accounting educators collaborate more with practitioners and incorporate their input to make the curriculum more relevant to the current job market.
Accounting education in nigerian universities challenges and prospectsAlexander Decker
This document discusses the challenges facing accounting education in Nigerian universities. It notes that universities are tasked with developing quality human capital but face issues like inadequate curricula, understaffing, poor facilities, and lack of funding. The accounting programs aim to produce graduates with education, skills, and attitudes to meet business and government needs, but challenges include outdated curricula that do not reflect changes in the accounting profession or address issues like recent financial scandals. Recommendations are made to guide improvements through cooperation between universities, professional bodies, and other stakeholders.
Ideal quality of university business education curriculum required for succes...Alexander Decker
This document discusses the ideal qualities of a university business education curriculum as perceived by business education lecturers in South-South Nigeria. It finds that lecturers believe an ideal curriculum should be comprehensive in scope, varied in nature, correlate subjects, provide skills for employment, allow for individualized learning and dropping out/accelerating. It should also be constantly reviewed, technology-based, provide relevant skills and knowledge, maximize equipment use, be practical, and focus on career opportunities. Tests found no significant differences in these views between male/female or experienced/inexperienced lecturers or those at federal/state universities. The study aims to improve business education graduates' employment success.
This document summarizes a study that examined the effect of financial performance on the stock price of PT. Unilever Indonesia, Tbk from 2011-2018. Financial performance was measured using current ratio, earnings per share, and return on equity. The study found that these financial performance variables together had a significant influence on stock price. PT. Unilever Indonesia, Tbk should increase current ratio, earnings per share, and return on equity to generate higher stock prices. Further research on other consumer goods companies is also recommended.
Financial analysis of “corporation bank” with special reference to coimbatore...Alexander Decker
This document analyzes the financial performance of Corporation Bank with reference to Coimbatore, Tamil Nadu from 2009-2013. It begins with an abstract stating that financial analysis provides insight into an organization's present and past performance.
The objectives of the study are outlined as: 1) To understand the profile and products/services of Corporation Bank 2) To identify the bank's financial strengths and weaknesses 3) To estimate future earnings using trend analysis.
Ratio analysis and trend analysis are used to analyze the bank's liquidity, profitability, and efficiency over the 5-year period. Key ratios examined include debt-equity ratio and current ratio. The analysis finds that debt-equity ratio decreased from 2009-2013,
Assignment template pg research metodology (502)Abhilash Kharvi
In this Assignment paper to help for the students to learn research methodology to find out what are the methods and Technics are used in Journals
In this Paper to take particular topic to find out the Particular Problems
Utilization of Maintenance and other Operating Expenses (MOOE) of Non-Fiscall...IJAEMSJORNAL
This study determined the utilization, budget allocation, and challenges encountered by the School Heads in the use of Maintenance and Other Operating Expenses (MOOE) funds in achieving the Annual Improvement Plan (AIP) in non-fiscally autonomous Senior High Schools the Division of Nueva Ecija. The 20 school heads were purposively selected as respondents of the study. The results revealed that the majority of non-fiscally autonomous senior high schools have MOOE ranges from Php250,000-Php 900,000 ($5,000 - $18,000) and with a population of 130 to 750 students. The MOOE budget for every year depends upon the number of enrollees. School heads have utilized 51% to 75% of MOOE funds for each activity/program indicated in AIP. The majority of them were given priority on security and utility services and challenged on the complaints and misconceptions about spending and allocating of MOOE expenses. Transparency, accountability, and maintaining harmonious relationships are the keys to ensure collaboration and teamwork for the betterment of school and learners as well.
BMS / BBA / Bus. Eco Entrance Coaching in Delhiamar688
Searching for BMS / BBA / Bus. Eco Entrance Coaching Centres in Delhi? Visit us and find best BMS Coaching Classes for entrance exam near you in Delhi.
The Impact of an Accounting Simulation On Performance & PerceptionSteven Smat
This study was conducted to gather empirical evidence to support anecdotal impressions that the incorporation of a specific simulation into accounting pedagogy would positively impact accounting higher education. The study was designed to further determine if the use of a simulation is a more effective method of teaching accounting principles than traditional teaching methodology. The purpose of this study was to determine whether the inclusion of a particular accounting simulation into an undergraduate accounting course would improve student performance (i.e., course examination grades) and perceptions about accounting (e.g,. as a major, teacher quality, classroom interactions, and overall satisfaction with the introductory course).
Accounting education in nigerian universities challenges and prospectsAlexander Decker
This document discusses the challenges facing accounting education in Nigerian universities. It notes that universities are tasked with developing quality human capital but face issues like inadequate curricula, understaffing, poor facilities, and lack of funding. The accounting programs aim to produce graduates with education, skills, and attitudes to meet business and government needs, but challenges include outdated curricula that do not reflect changes in the accounting profession or address issues like recent financial scandals. Recommendations are made to guide improvements through cooperation between universities, professional bodies, and other stakeholders.
Ideal quality of university business education curriculum required for succes...Alexander Decker
This document discusses the ideal qualities of a university business education curriculum as perceived by business education lecturers in South-South Nigeria. It finds that lecturers believe an ideal curriculum should be comprehensive in scope, varied in nature, correlate subjects, provide skills for employment, allow for individualized learning and dropping out/accelerating. It should also be constantly reviewed, technology-based, provide relevant skills and knowledge, maximize equipment use, be practical, and focus on career opportunities. Tests found no significant differences in these views between male/female or experienced/inexperienced lecturers or those at federal/state universities. The study aims to improve business education graduates' employment success.
This document summarizes a study that examined the effect of financial performance on the stock price of PT. Unilever Indonesia, Tbk from 2011-2018. Financial performance was measured using current ratio, earnings per share, and return on equity. The study found that these financial performance variables together had a significant influence on stock price. PT. Unilever Indonesia, Tbk should increase current ratio, earnings per share, and return on equity to generate higher stock prices. Further research on other consumer goods companies is also recommended.
Financial analysis of “corporation bank” with special reference to coimbatore...Alexander Decker
This document analyzes the financial performance of Corporation Bank with reference to Coimbatore, Tamil Nadu from 2009-2013. It begins with an abstract stating that financial analysis provides insight into an organization's present and past performance.
The objectives of the study are outlined as: 1) To understand the profile and products/services of Corporation Bank 2) To identify the bank's financial strengths and weaknesses 3) To estimate future earnings using trend analysis.
Ratio analysis and trend analysis are used to analyze the bank's liquidity, profitability, and efficiency over the 5-year period. Key ratios examined include debt-equity ratio and current ratio. The analysis finds that debt-equity ratio decreased from 2009-2013,
Assignment template pg research metodology (502)Abhilash Kharvi
In this Assignment paper to help for the students to learn research methodology to find out what are the methods and Technics are used in Journals
In this Paper to take particular topic to find out the Particular Problems
Utilization of Maintenance and other Operating Expenses (MOOE) of Non-Fiscall...IJAEMSJORNAL
This study determined the utilization, budget allocation, and challenges encountered by the School Heads in the use of Maintenance and Other Operating Expenses (MOOE) funds in achieving the Annual Improvement Plan (AIP) in non-fiscally autonomous Senior High Schools the Division of Nueva Ecija. The 20 school heads were purposively selected as respondents of the study. The results revealed that the majority of non-fiscally autonomous senior high schools have MOOE ranges from Php250,000-Php 900,000 ($5,000 - $18,000) and with a population of 130 to 750 students. The MOOE budget for every year depends upon the number of enrollees. School heads have utilized 51% to 75% of MOOE funds for each activity/program indicated in AIP. The majority of them were given priority on security and utility services and challenged on the complaints and misconceptions about spending and allocating of MOOE expenses. Transparency, accountability, and maintaining harmonious relationships are the keys to ensure collaboration and teamwork for the betterment of school and learners as well.
BMS / BBA / Bus. Eco Entrance Coaching in Delhiamar688
Searching for BMS / BBA / Bus. Eco Entrance Coaching Centres in Delhi? Visit us and find best BMS Coaching Classes for entrance exam near you in Delhi.
The Impact of an Accounting Simulation On Performance & PerceptionSteven Smat
This study was conducted to gather empirical evidence to support anecdotal impressions that the incorporation of a specific simulation into accounting pedagogy would positively impact accounting higher education. The study was designed to further determine if the use of a simulation is a more effective method of teaching accounting principles than traditional teaching methodology. The purpose of this study was to determine whether the inclusion of a particular accounting simulation into an undergraduate accounting course would improve student performance (i.e., course examination grades) and perceptions about accounting (e.g,. as a major, teacher quality, classroom interactions, and overall satisfaction with the introductory course).
- The document analyzes the effect of financial ratios (CAR, LDR, NIM, NPL, OEOI) on profitability (ROA) of BUKU IV commercial banks in Indonesia from 2015-2019.
- Regression analysis found that CAR and OEOI ratios had a significant negative effect on ROA, while NIM had a significant positive effect. LDR and NPL did not have a significant effect.
- Based on the results, BUKU IV banks need to increase NIM and maintain CAR and OEOI ability to generate higher profits. Further research comparing BUKU IV and III banks is needed.
This document summarizes a study that analyzed the effect of earnings per share (EPS), net profit margin (NPM), and debt to equity ratio (DER) on return on assets (ROA) of companies listed on the LQ45 index of the Indonesia Stock Exchange between 2014-2018. The study used quantitative methods including multiple linear regression to determine the relationships. The results found that EPS and NPM had a positive and significant effect on ROA, while DER had a negative and insignificant effect. Together the independent variables explained 99.34% of the variation in ROA.
The study aimed to evaluate the “Human resource management for vocational schools at Bac Ninh province, Viet Nam: A model of faculty development program”. It concentrated on evaluating the existing Human resource management for vocational schools of the province, determining demographic profile of the respondents, profile of vocational schools. In order to come up with this analysis, a survey covering 50 specific vocational schools is implemented aiming to assess current status of the development of contingent of teachers and the factors affecting the development of teaching staff for vocational schools in Bac Ninh province such as Human resource planning; Recruitment and selection; Training and development Retention and maintenance; Promotion; Labor relations; and Transfer and retirement. Thereby, identifing the limitations in Human resource management of vocational schools. Based from all the findings of this study, the following conclusions were derived: The human resource management of vocational schools on Bac Ninh province still limited. Human resources in sufficient quantity, but the structure is not reasonable, lack of highly qualified and experienced faculty. Support policies are not sufficient to motivate faculty and attract highly qualified human resources. From the cited summary of findings and conclusions, the following are hereby recommended: Re-examining all the plans and programs for the Quality of Human Resource so that necessary updating and modification can be done; Strongly focusing on recruitment process and policies of training and retraining human resources, Specific strategies for implementing these plans must also be considered. Conducting regular evaluation of all the programs must be implemented.
This document analyzes the performance of Chinese listed companies before and after seasoned equity offerings. It examines four companies that conducted large private placements in 2012. Two companies, Guangdong Electric Power Development and Shanghai Tunnel Engineering, showed improved performance after the offering, indicating the funds were used efficiently. However, Henan Shuanghui Investment & Development and Hainan Airlines saw declining performance, likely due to inefficient use of funds and unhealthy financial structures. The analysis suggests that not all equity offerings benefit companies and investors, and listed firms should ensure capital is utilized effectively.
1) The document discusses investment rating for replanting palm oil plantation companies in Sumatra, Indonesia. It provides background on palm oil production in Indonesia and issues with aging palm oil plants.
2) It aims to determine if replanting palm oil plantations in Sumatra qualify as "investment grade" according to Moody's ratings and how to improve the rating.
3) After analysis using Moody's rating system, the results found that replanting plantations in Sumatra received a rating of "Ba3" with "medium risk," qualifying as investment grade but improvements could attract more investors by lowering the risk.
This document analyzes the operation mode of Capitaland's Real Estate Investment Trusts (REITs) in Singapore and discusses implications for China's real estate industry. It finds that Capitaland uses a "dual-fund" model where private equity funds incubate early-stage projects that are later injected into REITs for stable income and asset realization. Key characteristics include covering the entire industry chain from development to asset management, and pairing private funds and REITs to accelerate investment cycles. When applying this model in China, adjustments should be made for differences in economic/cultural environment, and rental housing REITs could serve as pilots given China's current conditions.
This document summarizes a research study that aimed to predict financial distress in manufacturing sectors in Indonesia using financial ratios. The researchers used logistic regression analysis to analyze the relationship between profitability ratios, leverage ratios, and the likelihood of financial distress. The results showed that both profitability ratios and leverage ratios had a significant positive effect on predicting financial difficulties. Specifically, declining profitability and increasing debt levels were indicators that a manufacturing company may experience financial distress.
This document summarizes a paper presented on accounting education at Veer Narmad South Gujarat University. It outlines the paper's introduction, literature review, problem statement, objectives, methodology and conclusions. The introduction notes the need to change accounting education to meet modern business needs. The literature review examines other works calling for updating accounting curricula. The problem statement indicates the current curriculum is out of touch with industry needs. Objectives are to evaluate the curriculum and make suggestions. Research methodology uses secondary sources. Conclusions note a gap between what is taught and needed, and suggestions call for industry collaboration and internships to improve practical skills.
Financial Competence of Non-Accounting Graduates in the Department of Educati...IJAEMSJORNAL
This document summarizes a study on the financial competence of non-accounting graduates working in the Department of Education in Cabanatuan City, Philippines. The study found that the respondents had an average level of financial competence, scoring highest in attitude and behavior but lowest in knowledge. A strong positive correlation was found between financial competence and job performance, indicating that higher financial competence is linked to better work performance. The study recommends providing financial education programs to help employees improve their financial competence and maintain high performance levels.
ENHANCING CULTURAL INTELLIGENCE AND DIGITAL LITERACY IN ACCOUNTING EDUCATION:...ijejournal
Recent literature has advocated for the use of project based learning to engage students in active learning. This study examines how students’ learning is enhanced through an overseas project-based learning (PBL) programme at a Singapore University (UNIS), called the UNIS-XO pedagogy. Specifically, this study provides a framework through which students, faculty members, and industry partner can collaborate through consulting programs with the aim to provide feasible recommendations to the clients. Our findings suggest that an experiential PBL with an overseas client is an important learning experience through which students can strengthen their digital literacy as well as cross-cultural competency to make them more futureready for their work.
This study aimed to determine the factors that are considered by accounting
students who choose careers as public accountants and private accountants.
Three factors that became the focus of observation are intrinsic motivation,
career exposure, and quality of life. Data collection in this research was
organized in several public and private universities in Java. The survey was
distributed online and obtained 445 valid questionnaires used to test the
research model. The findings indicated that students who have more career
information are more likely to choose a career as a public accountant.
Besides, students who have a higher perception of the quality of life tend to
choose a career as a private accountant. This study has not found significant
evidence on the effect of intrinsic motivation on career choice. This study
promotes accounting career institutions and universities in developing the
interest of the younger generation in the accounting profession, be it public
accountants or private accountants. Developing from the limitations in this
study, further research can develop this accountant career research model by
considering other factors, as well as observing accounting students in various
demographic variations.
The document outlines a draft curriculum for a BA in Accounting and Finance. It provides details on the program objectives, structure, modules, courses, resources, quality assurance, and more. The key points are:
- The 4-year program aims to produce graduates with accounting and finance knowledge and skills to work in various roles upon graduation.
- It is divided into major, supportive, and foundation modules totaling 150 credits over 8 semesters.
- Major modules cover topics like financial accounting, cost and managerial accounting, and corporate finance.
- The curriculum is designed to develop competencies through various teaching methods and assessments.
An exploration of skills needed by principals of teacher training colleges in...Alexander Decker
This document summarizes a study that explored the financial management skills needed by principals of teacher training colleges in Kenya. The study found that most principals had limited financial skills despite their responsibilities for budgeting, accounting, and expenditures. Interviews and surveys of principals and deputies at 11 colleges found they lacked training in financial management. The study aimed to identify skills gaps and make recommendations to improve training for principals. Providing financial management training could help principals better oversee college funds and resources, leading to more effective operations and accountability.
Teaching of accounting ethics an exploratory study on accounting lecturers ...Juan Urquijo
This document discusses a study on how accounting ethics is taught by lecturers in higher education institutions in Malaysia. The study aims to determine lecturers' awareness of teaching accounting ethics, how it is incorporated into courses (either standalone or embedded), the level and methods of instruction, and assessment techniques used. The study was conducted through questionnaires administered to accounting lecturers in public and private universities in Malaysia, with the goal of better understanding how ethics education can help prevent future accounting scandals and protect society.
Attitude of accounting undergraduates towards pursuing postgraduate studies i...Aileru Adebola Oluwatobi
Accounting is a dynamic field that offers various career opportunities in areas like financial accounting, taxation, and management consulting. It is an adaptable field composed of different components. The profession involves specialized learning and carries social prestige. Accounting graduates can pursue careers as auditors or financial analysts after obtaining certification from professional bodies. While accounting degrees provide a business foundation, many students prefer other majors like business administration that broader knowledge of practical corporate governance issues. Universities need to modify accounting curricula to address the changing business environment and equip students with the necessary skills for the modern workplace.
This document summarizes a study on the role of accounting in corporate financial organizations in Ghana, using Agricultural Development Bank as a case study. The study aimed to examine how accountants qualify for their roles, analyze the completeness of accounting records, and determine the effectiveness and efficiency of accounting departments. Data was collected through questionnaires and analyzed. The analysis found that accounting reports provide important information for decision making but do not always meet all user needs, and stakeholders rely heavily on accurate financial reporting. The conclusion recommends ensuring accounting reports provide required information in a timely manner and that organizations strictly follow reporting rules.
Matrix Method - Review on Literature.pdfpaololegardo
The "matrix method" generally refers to a mathematical technique where you represent a problem or a system of equations using matrices. It's commonly used in various fields such as mathematics, physics, engineering, computer science, and economics.
The document discusses the importance of teaching practical accounting skills to students in addition to theoretical accounting concepts. It notes that while theory provides a strong foundation, many new graduates struggle with practical business accounting tasks due to a lack of hands-on training. This can cause problems for accountants in the modern workplace. The document recommends that accounting education focus more on practical skills and real-world applications to help students transition successfully into accounting careers. It provides an example of how clearly explaining the logic and rules behind common journal entries, like cash deposits at a bank, could help students better understand accounting practices.
The document discusses financial and management accounting in universities. It provides details on:
1) The purpose of the Income and Expenditure Account is to match revenues and costs for a given period. It shows if income exceeds costs but does not indicate cash flows or assets.
2) The main sources of university income and issues in recognizing income.
3) The challenges in allocating direct costs for universities given the nature of activities and costs. Most costs show as staff and non-staff.
This document contains the solutions to assignment questions on accounting theory from a final examination paper. It discusses key concepts in accounting theory like the definition of accounting theory, advantages and limitations of accounting theory, levels of accounting theory (syntactical, semantical, pragmatic), conceptual framework, accounting standards, qualitative characteristics of accounting information, accounting for price level changes, types of price level changes, efficient market hypothesis.
This document summarizes a paper by Anthony Hopwood on the changing landscape of management accounting research. It discusses several key points:
1) Management accounting research has become increasingly narrow in scope and detached from practical contexts. There is a need for more diverse perspectives and methodological approaches that integrate insights from other fields.
2) The autonomy of accounting research from practice has increased, distancing it from real-world applications. More can be done to foster linkages between researchers and practitioners.
3) The role and positioning of management accounting within organizations has changed over time and varies globally. Its relationship to other business functions also continues to evolve.
- The document analyzes the effect of financial ratios (CAR, LDR, NIM, NPL, OEOI) on profitability (ROA) of BUKU IV commercial banks in Indonesia from 2015-2019.
- Regression analysis found that CAR and OEOI ratios had a significant negative effect on ROA, while NIM had a significant positive effect. LDR and NPL did not have a significant effect.
- Based on the results, BUKU IV banks need to increase NIM and maintain CAR and OEOI ability to generate higher profits. Further research comparing BUKU IV and III banks is needed.
This document summarizes a study that analyzed the effect of earnings per share (EPS), net profit margin (NPM), and debt to equity ratio (DER) on return on assets (ROA) of companies listed on the LQ45 index of the Indonesia Stock Exchange between 2014-2018. The study used quantitative methods including multiple linear regression to determine the relationships. The results found that EPS and NPM had a positive and significant effect on ROA, while DER had a negative and insignificant effect. Together the independent variables explained 99.34% of the variation in ROA.
The study aimed to evaluate the “Human resource management for vocational schools at Bac Ninh province, Viet Nam: A model of faculty development program”. It concentrated on evaluating the existing Human resource management for vocational schools of the province, determining demographic profile of the respondents, profile of vocational schools. In order to come up with this analysis, a survey covering 50 specific vocational schools is implemented aiming to assess current status of the development of contingent of teachers and the factors affecting the development of teaching staff for vocational schools in Bac Ninh province such as Human resource planning; Recruitment and selection; Training and development Retention and maintenance; Promotion; Labor relations; and Transfer and retirement. Thereby, identifing the limitations in Human resource management of vocational schools. Based from all the findings of this study, the following conclusions were derived: The human resource management of vocational schools on Bac Ninh province still limited. Human resources in sufficient quantity, but the structure is not reasonable, lack of highly qualified and experienced faculty. Support policies are not sufficient to motivate faculty and attract highly qualified human resources. From the cited summary of findings and conclusions, the following are hereby recommended: Re-examining all the plans and programs for the Quality of Human Resource so that necessary updating and modification can be done; Strongly focusing on recruitment process and policies of training and retraining human resources, Specific strategies for implementing these plans must also be considered. Conducting regular evaluation of all the programs must be implemented.
This document analyzes the performance of Chinese listed companies before and after seasoned equity offerings. It examines four companies that conducted large private placements in 2012. Two companies, Guangdong Electric Power Development and Shanghai Tunnel Engineering, showed improved performance after the offering, indicating the funds were used efficiently. However, Henan Shuanghui Investment & Development and Hainan Airlines saw declining performance, likely due to inefficient use of funds and unhealthy financial structures. The analysis suggests that not all equity offerings benefit companies and investors, and listed firms should ensure capital is utilized effectively.
1) The document discusses investment rating for replanting palm oil plantation companies in Sumatra, Indonesia. It provides background on palm oil production in Indonesia and issues with aging palm oil plants.
2) It aims to determine if replanting palm oil plantations in Sumatra qualify as "investment grade" according to Moody's ratings and how to improve the rating.
3) After analysis using Moody's rating system, the results found that replanting plantations in Sumatra received a rating of "Ba3" with "medium risk," qualifying as investment grade but improvements could attract more investors by lowering the risk.
This document analyzes the operation mode of Capitaland's Real Estate Investment Trusts (REITs) in Singapore and discusses implications for China's real estate industry. It finds that Capitaland uses a "dual-fund" model where private equity funds incubate early-stage projects that are later injected into REITs for stable income and asset realization. Key characteristics include covering the entire industry chain from development to asset management, and pairing private funds and REITs to accelerate investment cycles. When applying this model in China, adjustments should be made for differences in economic/cultural environment, and rental housing REITs could serve as pilots given China's current conditions.
This document summarizes a research study that aimed to predict financial distress in manufacturing sectors in Indonesia using financial ratios. The researchers used logistic regression analysis to analyze the relationship between profitability ratios, leverage ratios, and the likelihood of financial distress. The results showed that both profitability ratios and leverage ratios had a significant positive effect on predicting financial difficulties. Specifically, declining profitability and increasing debt levels were indicators that a manufacturing company may experience financial distress.
This document summarizes a paper presented on accounting education at Veer Narmad South Gujarat University. It outlines the paper's introduction, literature review, problem statement, objectives, methodology and conclusions. The introduction notes the need to change accounting education to meet modern business needs. The literature review examines other works calling for updating accounting curricula. The problem statement indicates the current curriculum is out of touch with industry needs. Objectives are to evaluate the curriculum and make suggestions. Research methodology uses secondary sources. Conclusions note a gap between what is taught and needed, and suggestions call for industry collaboration and internships to improve practical skills.
Financial Competence of Non-Accounting Graduates in the Department of Educati...IJAEMSJORNAL
This document summarizes a study on the financial competence of non-accounting graduates working in the Department of Education in Cabanatuan City, Philippines. The study found that the respondents had an average level of financial competence, scoring highest in attitude and behavior but lowest in knowledge. A strong positive correlation was found between financial competence and job performance, indicating that higher financial competence is linked to better work performance. The study recommends providing financial education programs to help employees improve their financial competence and maintain high performance levels.
ENHANCING CULTURAL INTELLIGENCE AND DIGITAL LITERACY IN ACCOUNTING EDUCATION:...ijejournal
Recent literature has advocated for the use of project based learning to engage students in active learning. This study examines how students’ learning is enhanced through an overseas project-based learning (PBL) programme at a Singapore University (UNIS), called the UNIS-XO pedagogy. Specifically, this study provides a framework through which students, faculty members, and industry partner can collaborate through consulting programs with the aim to provide feasible recommendations to the clients. Our findings suggest that an experiential PBL with an overseas client is an important learning experience through which students can strengthen their digital literacy as well as cross-cultural competency to make them more futureready for their work.
This study aimed to determine the factors that are considered by accounting
students who choose careers as public accountants and private accountants.
Three factors that became the focus of observation are intrinsic motivation,
career exposure, and quality of life. Data collection in this research was
organized in several public and private universities in Java. The survey was
distributed online and obtained 445 valid questionnaires used to test the
research model. The findings indicated that students who have more career
information are more likely to choose a career as a public accountant.
Besides, students who have a higher perception of the quality of life tend to
choose a career as a private accountant. This study has not found significant
evidence on the effect of intrinsic motivation on career choice. This study
promotes accounting career institutions and universities in developing the
interest of the younger generation in the accounting profession, be it public
accountants or private accountants. Developing from the limitations in this
study, further research can develop this accountant career research model by
considering other factors, as well as observing accounting students in various
demographic variations.
The document outlines a draft curriculum for a BA in Accounting and Finance. It provides details on the program objectives, structure, modules, courses, resources, quality assurance, and more. The key points are:
- The 4-year program aims to produce graduates with accounting and finance knowledge and skills to work in various roles upon graduation.
- It is divided into major, supportive, and foundation modules totaling 150 credits over 8 semesters.
- Major modules cover topics like financial accounting, cost and managerial accounting, and corporate finance.
- The curriculum is designed to develop competencies through various teaching methods and assessments.
An exploration of skills needed by principals of teacher training colleges in...Alexander Decker
This document summarizes a study that explored the financial management skills needed by principals of teacher training colleges in Kenya. The study found that most principals had limited financial skills despite their responsibilities for budgeting, accounting, and expenditures. Interviews and surveys of principals and deputies at 11 colleges found they lacked training in financial management. The study aimed to identify skills gaps and make recommendations to improve training for principals. Providing financial management training could help principals better oversee college funds and resources, leading to more effective operations and accountability.
Teaching of accounting ethics an exploratory study on accounting lecturers ...Juan Urquijo
This document discusses a study on how accounting ethics is taught by lecturers in higher education institutions in Malaysia. The study aims to determine lecturers' awareness of teaching accounting ethics, how it is incorporated into courses (either standalone or embedded), the level and methods of instruction, and assessment techniques used. The study was conducted through questionnaires administered to accounting lecturers in public and private universities in Malaysia, with the goal of better understanding how ethics education can help prevent future accounting scandals and protect society.
Attitude of accounting undergraduates towards pursuing postgraduate studies i...Aileru Adebola Oluwatobi
Accounting is a dynamic field that offers various career opportunities in areas like financial accounting, taxation, and management consulting. It is an adaptable field composed of different components. The profession involves specialized learning and carries social prestige. Accounting graduates can pursue careers as auditors or financial analysts after obtaining certification from professional bodies. While accounting degrees provide a business foundation, many students prefer other majors like business administration that broader knowledge of practical corporate governance issues. Universities need to modify accounting curricula to address the changing business environment and equip students with the necessary skills for the modern workplace.
This document summarizes a study on the role of accounting in corporate financial organizations in Ghana, using Agricultural Development Bank as a case study. The study aimed to examine how accountants qualify for their roles, analyze the completeness of accounting records, and determine the effectiveness and efficiency of accounting departments. Data was collected through questionnaires and analyzed. The analysis found that accounting reports provide important information for decision making but do not always meet all user needs, and stakeholders rely heavily on accurate financial reporting. The conclusion recommends ensuring accounting reports provide required information in a timely manner and that organizations strictly follow reporting rules.
Matrix Method - Review on Literature.pdfpaololegardo
The "matrix method" generally refers to a mathematical technique where you represent a problem or a system of equations using matrices. It's commonly used in various fields such as mathematics, physics, engineering, computer science, and economics.
The document discusses the importance of teaching practical accounting skills to students in addition to theoretical accounting concepts. It notes that while theory provides a strong foundation, many new graduates struggle with practical business accounting tasks due to a lack of hands-on training. This can cause problems for accountants in the modern workplace. The document recommends that accounting education focus more on practical skills and real-world applications to help students transition successfully into accounting careers. It provides an example of how clearly explaining the logic and rules behind common journal entries, like cash deposits at a bank, could help students better understand accounting practices.
The document discusses financial and management accounting in universities. It provides details on:
1) The purpose of the Income and Expenditure Account is to match revenues and costs for a given period. It shows if income exceeds costs but does not indicate cash flows or assets.
2) The main sources of university income and issues in recognizing income.
3) The challenges in allocating direct costs for universities given the nature of activities and costs. Most costs show as staff and non-staff.
This document contains the solutions to assignment questions on accounting theory from a final examination paper. It discusses key concepts in accounting theory like the definition of accounting theory, advantages and limitations of accounting theory, levels of accounting theory (syntactical, semantical, pragmatic), conceptual framework, accounting standards, qualitative characteristics of accounting information, accounting for price level changes, types of price level changes, efficient market hypothesis.
This document summarizes a paper by Anthony Hopwood on the changing landscape of management accounting research. It discusses several key points:
1) Management accounting research has become increasingly narrow in scope and detached from practical contexts. There is a need for more diverse perspectives and methodological approaches that integrate insights from other fields.
2) The autonomy of accounting research from practice has increased, distancing it from real-world applications. More can be done to foster linkages between researchers and practitioners.
3) The role and positioning of management accounting within organizations has changed over time and varies globally. Its relationship to other business functions also continues to evolve.
Distance Learning, Online Teaching [19+ Years]
• Possess substantial strengths in distance learning, adult education, teaching with technology, student and faculty relations, higher education, and curriculum development.
• Significant experience as an adjunct online faculty member, Core Faculty, Dissertation Chair, Committee Member, Curriculum Developer/Author, and Faculty Development Manager.
• Create a safe, respectful, and welcoming learning environment.
• Specialize in working with new students, first generation students, and academically under-prepared students.
• Developed an exceptional record of academic excellence, end-of-course evaluations, collaboration, communication, mentoring, coaching, and professionalism.
• Computer proficient with online classroom platforms that include WebCT, eCollege, Canvas, Sakai, Moodle, Educator, Desire2Learn, Blackboard, Brightspace and others.
Dissertation Chair and Mentor [Remote, 11+ years]
• Provide high quality instruction, direction and mentorship for assigned students throughout all phases of the dissertation process.
• Provide timely and supportive mentoring throughout the student’s process of developing, researching, writing, and revising the dissertation.
• Participate in the Defense process of a student’s Prospectus and final Dissertation.
• Facilitate the successful completion of all IRB protocols.
Faculty Development [Remote, 10+ years]
• Served as a Trainer and Mentor for New Faculty Members.
• Performed faculty peer reviews and assessed classes based upon best practices and adult learning theories.
• Inspired faculty to improve their facilitation practice by leading online faculty workshops.
Curriculum Development [Remote, 12+ years]
• Authored hundreds of courses as a SME for multiple schools, including undergraduate and graduate courses.
• Strong knowledge and application of adult cognitive learning theories and instructional design methodologies.
• Develop content and assessments that met learning objectives, including discussions and assignments.
Background Includes: Various Online Schools (08/05 – Present)
Online Instructor, Doctoral Committee Member, Dissertation Chair, Faculty Development, Curriculum Development.
Accounting education and accountancy profession in jordanAlexander Decker
This document discusses accounting education and the accounting profession in Jordan. It aims to identify problems hindering their development and strategies to improve them. The key problems identified are inadequate use of computers in teaching, inadequate instructor salaries, and poor university infrastructure. The document also reviews literature on factors affecting accounting education quality in developing countries. These include outdated curricula, lack of practical training, and simple training objectives. Strategies recommended to improve accounting education are also discussed.
Accounting function aims at providing accurate and sufficient accounting information to facilitate proper financial reporting and management performance. Accounting information is usually in the form of periodic or annual financial statements which are products of costing, financial and management accounting prepared for the benefit of a number of external interest groups. Accounting has its roots in the stewardship approach and as a management performance tool to guide the agent and the principal over the exact status of the going concern. Accounting function also involves financial statement analysis, interpreting the accounts by computing and evaluating ratios which relate pairs of financial information or items with one another. This analysis of ratios can be cross-sectional comparing the results of one company with another or trend. In doing so close attention is usually paid to profitability ratio to help keep pace with effective management performance. The exploratory research design was adopted for the study and result showed positive correlation between accounting function and management performance. The study was not exhaustive, therefore, further study should examine the relationship between audit failure and business failure as a matter of finding a solution to the problem. It was recommended that management should always carefully study audit reports to enhance decision making and management performance.
Research of Practical and Scenario Method in the Teaching of Cost Accountingijtsrd
Traditional cost accounting teaching is lack of practice teaching, students theoretical study is separated from practice, practical and scenario teaching method is the combination of practice and students interest in an organic whole, which solve the students passively accept knowledge in the process of learning, and build a bridge between the theory and practice, thus have good teaching application value. Wang Meiying | Li Deheng "Research of Practical and Scenario Method in the Teaching of Cost Accounting" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-2 , February 2019, URL: https://www.ijtsrd.com/papers/ijtsrd21428.pdf
Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/21428/research-of-practical-and-scenario-method-in-the-teaching-of-cost-accounting/wang-meiying
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The role of accounting educators in bridging the gap between
1. Research Journal of Finance and Accounting www.iiste.org
ISSN 2222-1697 (Paper) ISSN 2222-2847 (Online)
Vol 3, No 10, 2012
The Role of Accounting Educators in Bridging the Gap between
Accounting Theory and Accounting Practice
Boadu Ayeboafo
Institute of Distance and Continuing Education, Kumasi Polytechnic, P. O. Box 854, Kumasi –Ghana
Tel: +233 24 4963355; E-Mail bayeboafo@gmail.com
Abstract
This article is about the things that those teaching Accounting in academic institutions should emphasize on in order
to produce graduates who are ready for the job market. The content of most accounting programmes taught in
schools and colleges does not empower the students with knowledge of the real situations that they will face when
they practice Accounting. This paper is based on a study carried out in various academic institutions and on another
study carried out among those practicing Accounting. The study found out that Accounting educators emphasis a lot
about using sophisticated techniques to solve situations, which in many cases are irrelevant to those practicing
Accounting. It was also found out that Accounting education places less emphasis on computerized accounting
systems even though most companies are using Computerized Accounting systems to manage their accounts. It is
recommended that Accounting Educators should teach more about performance management and strategic
management. Also, computerized Accounting training should be incorporated into the curricula of Accounting
Programs in tertiary institutions to prepare students for the job market since knowledge in such systems is required in
the job market. In addition, the educators and researchers from various disciplines should collaborate with those
practicing and conducting research on how to improve what is taught.
Keywords: Accounting Theory, Accounting practice
1. Introduction
Academic research and textbooks focused on sophisticated approaches for simplistic, economic-based models that
had very little relation to accounting practice (Johnson & Kaplan, 1986). According to Sunder (2007) “The
accounting curriculums of most business schools are full of theories that have less practical relevance”(p.1) he also
contends that “ standards induce a follow-the-rule-book attitude among accountants at the expense of developing
their professional judgment” ( p.1) there is a gap between Accounting Education and Accounting Practice that makes
it difficult for accounting graduates from tertiary institution to fit into the job market straight from school. In
addition, the syllabi of the most professional bodies that turn out professional accountants do not make provision for
any accounting software training. Most Practicing Accountants have the view that the accounting syllabus taught in
most business schools are outdated and have less practical relevance
THE PURPOSE AND SCOPE OF THE STUDY
This study is based on Johnson and Kaplan's (1986) view that there is a gap between education and practice in the
Ghanaian context. This study investigates the relation between Accounting education and Accounting practice
through an empirical study. The scope of the study on Accounting Education is the Ghanaian tertiary institutions
while that for the Accounting practice were Ghanaian practicing accountants. This study also explores various ways
of dealing with this gap by means of a literature study.
THE GAP BETWEEN ACCOUNTING EDUCATION AND ACCOUNTING PRACTICE
According to Cable et al (2007) There is the need to refine accounting programmes in academic institution “to
bridge the gap between academic study in accounting and a career in professional practice, aiming to deliver work-
ready graduates who will assist in meeting the needs of employer and help alleviate the skill shortage in the …
accounting profession” (p1)
Modern businesses rely more and more on technology in processing accounting information. Modern accounting
softwares have made the preparation of financial reports so easy that one does not need traditional bookkeeping
knowledge to produce standard financial reports In the light of the above changes; there is an urgent need for
accounting education to place more emphasis in developing the soft skills rather than the traditional bookkeeping
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Vol 3, No 10, 2012
theories. Unfortunately, accounting education has not kept pace with the changes in technology and practical
accounting. Accounting educators have failed to restructure their syllabus to reflect changes in the job market for
accountants. This unwillingness to change continues to maintain a big gap between accounting education and
accounting practice. Modern accountants need information technology skills, decision-making skills and analytical
skills which most accounting degrees do not teach.
The gap between accounting education and accounting practice is not only found in Financial Accounting but also
present in Management Accounting. Modern management accountants need more strategic planning and continuous
process improvement skills. However, most management accounting courses continue to concentrate on process
costing and variance reporting. There therefore the need to call on accounting educators to restructure their content to
ensure that they provide their graduates with relevant management accounting skills.
RESEARCH METHODOLOGY
Research Design and Sample plan
The research was carried out in two stages by means of questionnaires. In the first stage, the content of the syllabus
of Ghanaian tertiary institutions was determined. In the second stage, a survey was conducted among various
Ghanaian practicing accountants to establish their activities. The content for the questionnaires was the same, apart
from the introductory wording. This was to facilitate the comparison of the data. Moreover, the questionnaires were
tested among those practicing Accounting and among academicians. This was to ensure that they were
understandable and to avoid the possibility of bias. The questions were based on a five point Likert scale. The levels
of knowledge of those practicing and students were indicated as follows: unsure of level of presentation (education)
and unsure of level of knowledge required (practice); not presented (education) and no knowledge required (practice);
knowledge and comprehension of contents required, application of contents required and integration of topics with
other topics required.
The first questionnaire circulated among the public tertiary institutions registered in Ghana registered with the
Ghana education service. The response rate from the universities was 44%, and that for the Polytechnics was 56%.
This number excluded those pursuing masters. Different departments in different locations completed separate
questionnaires. The responses of the lecturers were weighted according to the number of students per institution and
their responses were viewed as the knowledge of the students in that institution.
The accountant firms were chosen based on the top ten ranking of consulting firms in Ghana. Eight firms were
chosen which had a response rate of 72%. The results were weighted according to the number of accountants in the
company who specialized in both financial Accounting and Management Accounting to get the weighted average
level of knowledge.
Statistical Analysis Technique
The median was used instead of the average because the former was more representative. The U test of Mann
Whitney was designed to test for null hypothesis of no difference between the two populations at a 5% level of
significance. The null hypothesis was rejected in favor of the alternative where the p value was less than the
significance (0.05), indicating a significant difference in the values of the populations. The p-value less than 0.01
was described as highly significant.
THE SURVEY OF ACCOUNTING EDUCATION AND ACCOUNTING PRACTICE IN GHANA
In this section, the views of the Accounting educators and those practicing Accounting were compared in the
following areas: Planning and control, strategic management, product costing, quantitative techniques, divisional
product costing as well as decision making.
Planning and Control
The overall median of Accounting Education in planning and control was 2.814 while the overall median of
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Vol 3, No 10, 2012
accounting practice was 2.857. There was no significant difference in the value of the populations as indicated by a
p-value of 0.4583.
The maximum quartile deviations of the individual topics under planning and control were 1. This indicates the
dispersions of the observations around the median. It was observed that standard costing was overemphasized while
behavioral aspects of accounting control were underemphasized.
Decision Making
The overall median in the decision making section for Accounting education was 2.375 while that of Accounting
practice was 2.333. A highly significant difference between the medians of the two populations was indicated by a p-
value of 0.0052. Both the modified internal rate of return and the adjusted present value had a quartile deviation of
1.5 while the maximum quartile deviations of the other topics were 1.
It seems that Accounting Education emphasizes on relevant costs, cost volume profit analysis and risk and
uncertainty in decision making than Accounting Practice.
Product Costing
The overall median in product costing section for accounting education was 2.982 while that of accounting practice
was 3. No significant difference between the medians of the populations was indicated a p-value of 0.8358. It seems
that job costing, process costing, treatment of joint products, treatment of by-products, costing of variable products
and costing of absorption products are overemphasized in Accounting education. It also appears that material
requirements planning and manufacturing resource planning are underemphasized in accounting education.
Divisional Performance Measurement
The overall median in the performance measurement section for accounting education was 3 while that of accounting
practice was 3.2. A highly significant difference between the values of the populations was indicated by a p-value of
0.0001. This indicates that divisional performance measurement is emphasized more by accounting practice than by
Accounting Education.
Strategic Management Accounting
The overall median in the strategic management accounting section for Accounting Education was 2.083 while that
of accounting practice was 3.167. A highly significant difference exists between the medians of the two populations
as indicated by the p-value of 0.0001. This indicates that strategic management Accounting is emphasized more in
practice than in Accounting education.
Quantitative Techniques
The overall median in the quantitative techniques section for Accounting Education was 2.875 while that of
accounting practice was 2. A highly significant difference between the median of the two populations is indicated by
a p-value of 0.0001. The maximum quartile of the individual observations around the median is 1. It appears that
quantitative techniques are overemphasized in Accounting Education.
SUMMARY
The results indicate that Accounting Education emphasizes more on quantitative and decision-making techniques and
less on newer developments. Accounting Standards focuses on historical financial reports at the expense of
Management Accounting (Johnson & Kaplan, 1986). There have been significant changes in what organizations face
in the areas of information, education and competition (Berliner & Brimson, 1988). These changes have changed
what is required of an accountant.
Both formal Accounting Education at the tertiary institutions and professional accounting training have largely
neglected computerized accounting although most organizations are computerizing their accounting systems.
RECOMMENDATIONS FOR BRIDGING THE GAP BETWEEN ACCOUNTING THEORY AND ACCOUNTING
PRACTICE
Stakeholders of accounting education must come together to make accounting education more relevant to industry.
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Vol 3, No 10, 2012
There is a need for accounting practitioners who have been educated in the key aspects of information technology
and who can effectively and efficiently satisfy the increasing financial reporting requirements of modern
organizations using the power of information technology.
Closer cooperation between Accounting academicians and Accounting practitioners is recommended as this would
narrow the gap between education and practice (Lovell, 1988). A partnership between authors, researchers, educators
and those practicing Accounting is suggested (Siegel & Sorenson, 1994). Accounting educators are proposed to have
internships in practice (Hendricks, 1993). It is recommended that there be a collaborative research in researchers
trained in Accounting, economics, behavioral science and organizational theory which would help break from
preoccupation on technical issues (Bhimani, 1994).
Practicing accountants should be made to contribute to syllabus design so that they can bring their experience in
shaping what is taught at schools. It is also recommended that each Accounting programme should have an advisory
board composed of Practicing accountants, Alumni and other industry stakeholders so that they can bring their
experience to bear in making accounting syllabus relevant to industry.
CONCLUSION
The study reveals a gap between Accounting theory and Accounting practice. Quantitative and decision-making
techniques are overemphasized by accounting educators. Accounting educators need to pay more attention to
performance management and strategic management. Accounting theory often emphasized on sophisticated
techniques that are hardly used in accounting practice (Johnson & Kaplan, 1987). Accounting educators should also
conduct collaborative research with those practicing Accounting and with researchers specializing in Accounting,
economics, behavioral sciences and organizational theory to study the Accounting theory and what activities
accountants conduct as they practice.
REFERENCES
Albrecht S. W and Sack R. J (2000) Accounting Education: Charting the Course through a Perilous Futur.
Retrieved 6th October 2012 from: www.aaahq.org/pubs/AESv16/toc.htm
Berliner, C. & Brimson, J.A.,(Eds.), (1988) Cost management in today's advanced manufacturing: the cam-1
conceptual design. Boston: Harvard Business School Press.
Bhimani, A. (1994). Modern cost management: putting the organization before the technique. international Journal of
Production Economics, 36( 1): 29-37.
Dale et al (2007) Accounting education: the gap between academic study and professional practice. Hobart: School
of Accounting & Corporate Governance, University of Tasmania. Retrieved 6th October 2012 from:
http://minerva.mq.edu.au:8080/vital/access/manager/Repository/mq:6831
Hendricks. J.A. (1993). The company & the professor - both benefit from faculty internship programs. Management
Accounting (USA) April 1993: 47-48.
Johnson. H.T. & Kaplan, R.S. (1987). Relevance lost: the rise and fall of management Accounting. Boston: Harvard
Business School Press.
Lovell, A. (1988). Management Accounting under challenge. Management Accounting (UK), December 1988: 44-47.
Siegel, G. and Sorenson, G. (1994). What corporate America wants in entry-level accountants. Management
Accounting (USA), September: 26-31.
Sunder S. (2007) Adverse Effects of Accounting Uniformity, October 22, 2007
114
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