Background of the Study
International Financial Reporting Standards (IFRS) adoption has not only influenced the professional practices of accountants but has also shaped the perception of the accounting profession among students. For Nigerian students pursuing accounting degrees, exposure to IFRS can play a crucial role in shaping their understanding of the profession and its future prospects. This study will examine how IFRS adoption affects the perception of the accounting profession among Nigerian students, focusing on their career aspirations, views on professional development, and attitudes toward IFRS certification.
Statement of the Problem
While the adoption of IFRS is recognized as an important development in the Nigerian accounting profession, there is little research on how it impacts the perceptions of accounting students. This study aims to explore how IFRS adoption affects students' career aspirations, professional goals, and attitudes toward pursuing IFRS certification.
Aim and Objectives of the Study
Aim:
To examine the effect of IFRS on accounting profession perception among Nigerian students.
Objectives:
To assess how IFRS adoption influences Nigerian students' views on the accounting profession.
To analyze the relationship between IFRS exposure and students' career aspirations in the accounting field.
To evaluate students' attitudes toward obtaining IFRS certification as part of their professional development.
Research Questions
How does IFRS adoption influence Nigerian students' views on the accounting profession?
What is the relationship between IFRS exposure and students' career aspirations in accounting?
How do Nigerian accounting students perceive the importance of IFRS certification in their career development?
Research Hypotheses
IFRS adoption positively influences Nigerian students' views on the accounting profession.
There is a positive relationship between IFRS exposure and Nigerian students' career aspirations in accounting.
Nigerian students perceive IFRS certification as an important factor in their professional development.
Significance of the Study
This study will provide insights into how IFRS adoption influences the perceptions of the accounting profession among Nigerian students. The findings will help accounting educators and professionals better understand how to align accounting education with industry standards and the evolving needs of the profession.
Scope and Limitation of the Study
The study will focus on Nigerian accounting students and their perceptions of the accounting profession in light of IFRS adoption. Limitations include potential biases in student responses and challenges in generalizing findings across all Nigerian universities.
Definition of Terms
IFRS Adoption: The implementation of International Financial Reporting Standards in financial reporting.
Accounting Profession Perception: How students view the accounting profession, including their career aspirations and views on professional development.
IFRS Certification: A professional qualification that certifies an accountant’s expertise in International Financial Reporting Standards.
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