0704-883-0675     |      dataprojectng@gmail.com

EFFECT OF THINK-PAIR-SHARE INSTRUCTIONAL STRATEGY ON SECONDARY SCHOOL STUDENTS’ ACADEMIC ACHIEVEMENT, RETENTION AND SELF-EFFICACY IN FINANCIAL ACCOUNTING IN ABIA STATE

  • Project Research
  • 1-5 Chapters
  • Abstract : Available
  • Table of Content: Available
  • Reference Style: APA
  • Recommended for : Student Researchers
  • NGN 5000

Background to the Study

Business organizations are set up with the principal objectives of creating wealth for the owners and ensure the continuous growth of the entity. Business organizations are increasingly becoming more complex in their operations, thereby requiring accounting knowledge so as to communicate complete, reliable and accurate financial information to interested groups (creditors, directors, employees, government and its agencies, and shareholders). Furthermore, for a business owner to effectively control, monitor, interpret financial transactions, manage finances and grow business entities, the business owner needs to understand the basics of accounting, because poor knowledge of accounting principles and processes may lead to wrong decision and invariably business failure. Accounting is the art of recording, classifying and summarizing in terms of money, transactions and events which are in part at least, of financial character, and interpreting the result thereof (The American Institute of Certified Public Accountants in Baru & Osahon, 2012). According to Okoli (2013), accounting is the process of recording, classifying, measuring, interpreting, summarizing and reporting financial data of an organization to the users for objective assessment and decision making. Accounting is important to the development of Nigerian economy because it prepares future managers, accountants, entrepreneurs, and other financial controllers who evaluate the performance and profitability of business organizations, prevent financial fraud, monitor enterprise‟s progress and make economic comparisons. In view of the importance of accounting to the development of Nigerian economy, Francis (2014) proposed that students should be taught accounting at the secondary and tertiary 2 institution levels to enable them acquire financial knowledge and skills with which to take important economic decisions as future leaders. In senior secondary schools, financial accounting is taught as part of the business subjects designed to equip secondary school students with relevant knowledge, skills and work habits for gainful employment or self-employment. The accounting curriculum is designed to give students a broad knowledge of business with adequate focus on financial accounting practices as applied in business Financial accounting is the art of preparing financial statements that companies use to show their financial performance and position to investors, creditors, suppliers, and customers. Eze, Ezenwafor and Obidile (2016) defined financial accounting as the classification and recording of monetary transactions and presentation of the financial results of the activities of an entity for decision making. To Abbey and Okorogba (2017), financial accounting entails recording, classifying, selecting, measuring, interpreting, summarizing and reporting financial data to external users. It is an occupationally-oriented subject which provides trained manpower for the development of the nation. It differs from managerial accounting in that managerial accounting prepares detailed reports and forecasts for managers inside the company. The above definitions mean that the understanding of financial accounting can expose the students to a plethora of skills and competences required in the world of work. Bell (2014) stated that students‟ financial accounting skills have a significant positive effect on their employability, entrepreneurial career, wealth generation and poverty eradication prospects.





Related Project Materials

An appraisal of the geopolitical implications of urban sprawl in Kontagora Local Government Area, Niger State

Background of the Study
Urban sprawl refers to the uncontrolled expansion of urban areas into the surrounding rural land, often resulting in...

Read more
ONLINE MARKETING'S EFFECT ON REAL ESTATE BUSINESS

​​​​​​​Background of the study

Over the past decade, there has been a spectacular increase in the usage...

Read more
The Role of Accounting Software in Ensuring IFRS Compliance in Nigeria

Background of the Study

The adoption of International Financial Reporting Standards (IFRS) presents significant challeng...

Read more
ROLE OF BROADCAST MEDIA IN ERADICATING ELECTION VIOLENCE

ABSTRACT

The study basically focused attention on role of mass media in eradicating election violence in Osun State (A c...

Read more
EFFECTIVE LIBRARY SUPPORT FOR DISTANCE EDUCATION PROGRAMS

EFFECTIVE LIBRARY SUPPORT FOR DISTANCE EDUCATION PROGRAMS; STRATEGIES FOR EQUALIZING ACCESS TO LIBRARY RESOURCES FOR ON-CAMPUS STUD...

Read more
STUDIES ON IN-VIVO ANTIOXIDANT AND HEPATOPROTECTIVE PROPERTIES OF CITRUS SINENSIS (L.) OSBECK PEEL EXTRACT IN WISTAR RATS

ABSTRACT

Citrus sinensis is the commonest, most widely cultivated and consumed citrus fruit. Large amounts of peel wastes are formed when...

Read more
SOCIAL FACTORS AFFECTING EFFECTIVE TEACHING AND LEARNING IN SENIOR SECONDARY SCHOOLS 

Read more
An Evaluation of Accounting Records Maintenance in the Agricultural Sector in Ganye LGA

Background of the Study

The agricultural sector is one of the key contributors to the economy of Ganye LGA, with a substantial number of...

Read more
SUSTAINABLE TOURISM AS A DRIVING TOOL TO CULTURAL HERITAGE SITE DEVELOPMENT

ABSTRACT

This study was carried out on sustainable tourism as a driving tool to cultural heritage site devel...

Read more
DESIGN AND IMPLEMENTATION OF AN ONLINE HOTEL RESERVATION SYSTEM WITH PAYMENT INTEGRATION

Abstract

This study aims to develop and design an Online Hotel reservation and management system for a Hotel, as the case study is t...

Read more
Share this page with your friends




whatsapp