IFRS and Its Effect on Accounting Profession Perception Among Nigerian Students
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style:
- Recommended for :
- NGN 5000
Background of the Study
The accounting profession is integral to the economic development of any country. In Nigeria, the adoption of International Financial Reporting Standards (IFRS) has influenced how accounting professionals are perceived, especially among students considering accounting as a career path. IFRS represents a shift toward global standards, and its adoption in Nigeria has made it increasingly essential for accounting students to understand and apply these standards in their future careers.
This study aims to explore how IFRS has affected the perception of the accounting profession among Nigerian students, particularly those studying accounting and finance at the university level. Understanding how students perceive IFRS and the accounting profession is crucial, as it will inform educational strategies and career counseling initiatives within Nigerian institutions.
Statement of the Problem
Despite the significant role IFRS plays in shaping the accounting profession, there is limited research on how it influences the perceptions of students studying accounting in Nigeria. This study addresses this gap by exploring the impact of IFRS on students' views of the accounting profession and their career aspirations.
Aim and Objectives of the Study
1. To analyze how IFRS adoption has affected Nigerian students' perceptions of the accounting profession.
2. To examine the role of IFRS in shaping students' career choices within the accounting field.
3. To assess the level of awareness and understanding of IFRS among accounting students in Nigerian universities.
Research Questions
1. How has IFRS adoption influenced Nigerian students’ perceptions of the accounting profession?
2. What role does IFRS play in shaping students' career choices in accounting?
3. How aware are Nigerian accounting students of IFRS and its significance in their future careers?
Research Hypotheses
1. H₀: IFRS adoption does not significantly affect Nigerian students' perceptions of the accounting profession.
2. H₀: IFRS adoption does not influence Nigerian students' career choices within the accounting profession.
3. H₀: Nigerian accounting students do not have significant awareness or understanding of IFRS.
Significance of the Study
This study will provide valuable insights into how IFRS adoption influences the next generation of accountants in Nigeria, helping educators, policymakers, and professional bodies understand the key factors shaping students' career decisions and their preparedness for the evolving global accounting landscape.
Scope and Limitation of the Study
The study focuses on Nigerian students studying accounting at the university level. Limitations include the potential bias in students’ perceptions and the challenges in measuring awareness and understanding of IFRS accurately.
Definition of Terms
• IFRS Adoption: The process of implementing International Financial Reporting Standards in financial reporting.
• Accounting Profession Perception: The way in which students view the accounting profession, including its roles, career opportunities, and future prospects.
• Career Choices: The decisions made by students regarding the type of work they intend to pursue within the accounting profession.
Related Project Materials
CAUSES OF DOMESTIC VIOLENCE AND ABUSE AGAINST WOMEN AND ITS EFFECTS ON FAMILY RELATIONSHIP IN FOUR SELECTED LOCAL GOVERNMENT IN NIGERIA
EXCERPT FROM THE STUDY
There is no universally agreed notion of what constitutes violence against women. In other words,...
An Investigation of Semantic Networks in Nigerian Digital Communication: A Study of Hashtag Semantics
Background of the study
Digital communication in Nigeria has witnessed an explosion of new linguistic phenomena, with hashtags emerging a...
An evaluation of mobile banking applications in corporate banking: A case study of Fidelity Bank Nigeria, Kano
Background of the Study
Mobile banking applications are transforming the corporate banking sector by providing enhanced acc...
AN ANALYSIS OF TRADE UNION AND ITS IMPACT ON WORKERS COMMITMENT AND ORGANIZATIONAL PRODUCTIVITY
BACKGROUND OF THE STUDY
The term "trade union" refers to an organizatio...
The effect of ATM malfunction issues on customer satisfaction in banking: a case study of Zenith Bank
Background of the Study
Automated Teller Machines (ATMs) play a crucial role in providing convenient and immediate access...
An investigation into the barriers to effective implementation of technical education in primary schools in Hadejia Local Government Area, Jigawa State
Background of the Study
The implementation of technical education in primary schools holds the promise of...
Implementation of AI-Based Plagiarism Detection in Online Assignment Submissions for Universities in Katsina Local Government Area, Katsina State
Background of the Study
Academic integrity is crucial in higher education, and the rise of online learning platforms has...
An investigation into parents’ attitudes towards moral and religious education in primary schools in Maiduguri LGA, Borno State
Background of the Study
Parents’ attitudes towards education play a critical role in shaping the values and behaviors of children,...
An evaluation of waste management practices among urban residents in Uyo Local Government Area, Akwa Ibom State
Background of the Study
Effective waste management is crucial for urban sustainability, yet many rapidly urbanizing areas...
ASSESSMENT OF TEACHERS’ ATTITUDE TOWARDS VALIDATION OF NON-STANDARDIZED ACHIEVEMENT TEST IN SECONDARY SCHOOLS IN NIGERIA
ABSTRACT
This study assessed teachers’ attitude towards validation of non-standardized achievement test in secondary schools in Bor...
