Tertiary Institutions Accounting Program and Employability of Accounting Graduates in Nigeria

Ogundeko Sodiq Temitayo; Sholuade Grace Temitope

doi:doi:10.11648/j.jbed.20230803.12

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Tertiary Institutions Accounting Program and Employability of Accounting Graduates in Nigeria

Ogundeko Sodiq Temitayo, Sholuade Grace Temitope

Published in Journal of Business and Economic Development (Volume 8, Issue 3)

Received: 8 March 2023 Accepted: 6 April 2023 Published: 6 September 2023

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Abstract

There is increasing evidence that Nigerian University graduates, particularly graduates of accounting programs lack employable skills that are essential to the real world and competencies that are needed in growing knowledge industries, complex business environments and globalized capital markets. The issue of employability has long been debated in literature in various countries, pointing out that the issue is not peculiar to a particular country but is rapidly becoming an area of concern globally and in all disciplines including accounting. The accounting curriculum has long been criticized for being too narrow, outmoded and defective; as it has failed to equip students sufficiently for employment in the business environment. The primary aim of this study is to examine Tertiary Institutions Accounting Programs and the employability of accounting graduates considering the skills expectation-performance gap in Nigeria. Three objectives were formulated in this regard. The study adopted a survey and experimental research design focusing on students from selected universities students in Lagos and Professional Accountants from the Big 4’s accounting firms. Based on the analyses, the Management information system is a significant determinant of data literacy skills and tech-savviness of accounting graduates, Accounting courses sharpen students’ analytical and innovation skills of graduates and other social and academic events significantly enhance the quality of accounting graduates in Nigeria. The study therefore concluded that the accounting curriculum to a large extent affects the employability of accounting graduates. It was recommended among others that tertiary institutions should extensively improve the curriculum, curriculum should be designed in line with requisite industry requirements. Tertiary institutions which have not included internships in the curriculum should consider its inclusion.

Published in	Journal of Business and Economic Development (Volume 8, Issue 3)
DOI	10.11648/j.jbed.20230803.12
Page(s)	83-93
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2023. Published by Science Publishing Group

Keywords

Accounting Curriculum, Employability, Tertiary Institutions

References

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[18]	Okolie, U. C., Igwe, P. A, Eneje, B. C., Nwosu, S., &Mlanga, S. (2019). Enhancing graduate employability: Why do higher institutions have problems with teaching generic skills? Policy Futures in Education, DOI: 10.1177/1478210319864824.
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APA Style

Ogundeko Sodiq Temitayo, Sholuade Grace Temitope. (2023). Tertiary Institutions Accounting Program and Employability of Accounting Graduates in Nigeria. Journal of Business and Economic Development, 8(3), 83-93. https://doi.org/10.11648/j.jbed.20230803.12

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ACS Style

Ogundeko Sodiq Temitayo; Sholuade Grace Temitope. Tertiary Institutions Accounting Program and Employability of Accounting Graduates in Nigeria. J. Bus. Econ. Dev. 2023, 8(3), 83-93. doi: 10.11648/j.jbed.20230803.12

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AMA Style

Ogundeko Sodiq Temitayo, Sholuade Grace Temitope. Tertiary Institutions Accounting Program and Employability of Accounting Graduates in Nigeria. J Bus Econ Dev. 2023;8(3):83-93. doi: 10.11648/j.jbed.20230803.12

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@article{10.11648/j.jbed.20230803.12,
  author = {Ogundeko Sodiq Temitayo and Sholuade Grace Temitope},
  title = {Tertiary Institutions Accounting Program and Employability of Accounting Graduates in Nigeria},
  journal = {Journal of Business and Economic Development},
  volume = {8},
  number = {3},
  pages = {83-93},
  doi = {10.11648/j.jbed.20230803.12},
  url = {https://doi.org/10.11648/j.jbed.20230803.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jbed.20230803.12},
  abstract = {There is increasing evidence that Nigerian University graduates, particularly graduates of accounting programs lack employable skills that are essential to the real world and competencies that are needed in growing knowledge industries, complex business environments and globalized capital markets. The issue of employability has long been debated in literature in various countries, pointing out that the issue is not peculiar to a particular country but is rapidly becoming an area of concern globally and in all disciplines including accounting. The accounting curriculum has long been criticized for being too narrow, outmoded and defective; as it has failed to equip students sufficiently for employment in the business environment. The primary aim of this study is to examine Tertiary Institutions Accounting Programs and the employability of accounting graduates considering the skills expectation-performance gap in Nigeria. Three objectives were formulated in this regard. The study adopted a survey and experimental research design focusing on students from selected universities students in Lagos and Professional Accountants from the Big 4’s accounting firms. Based on the analyses, the Management information system is a significant determinant of data literacy skills and tech-savviness of accounting graduates, Accounting courses sharpen students’ analytical and innovation skills of graduates and other social and academic events significantly enhance the quality of accounting graduates in Nigeria. The study therefore concluded that the accounting curriculum to a large extent affects the employability of accounting graduates. It was recommended among others that tertiary institutions should extensively improve the curriculum, curriculum should be designed in line with requisite industry requirements. Tertiary institutions which have not included internships in the curriculum should consider its inclusion.},
 year = {2023}
}

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TY  - JOUR
T1  - Tertiary Institutions Accounting Program and Employability of Accounting Graduates in Nigeria
AU  - Ogundeko Sodiq Temitayo
AU  - Sholuade Grace Temitope
Y1  - 2023/09/06
PY  - 2023
N1  - https://doi.org/10.11648/j.jbed.20230803.12
DO  - 10.11648/j.jbed.20230803.12
T2  - Journal of Business and Economic Development
JF  - Journal of Business and Economic Development
JO  - Journal of Business and Economic Development
SP  - 83
EP  - 93
PB  - Science Publishing Group
SN  - 2637-3874
UR  - https://doi.org/10.11648/j.jbed.20230803.12
AB  - There is increasing evidence that Nigerian University graduates, particularly graduates of accounting programs lack employable skills that are essential to the real world and competencies that are needed in growing knowledge industries, complex business environments and globalized capital markets. The issue of employability has long been debated in literature in various countries, pointing out that the issue is not peculiar to a particular country but is rapidly becoming an area of concern globally and in all disciplines including accounting. The accounting curriculum has long been criticized for being too narrow, outmoded and defective; as it has failed to equip students sufficiently for employment in the business environment. The primary aim of this study is to examine Tertiary Institutions Accounting Programs and the employability of accounting graduates considering the skills expectation-performance gap in Nigeria. Three objectives were formulated in this regard. The study adopted a survey and experimental research design focusing on students from selected universities students in Lagos and Professional Accountants from the Big 4’s accounting firms. Based on the analyses, the Management information system is a significant determinant of data literacy skills and tech-savviness of accounting graduates, Accounting courses sharpen students’ analytical and innovation skills of graduates and other social and academic events significantly enhance the quality of accounting graduates in Nigeria. The study therefore concluded that the accounting curriculum to a large extent affects the employability of accounting graduates. It was recommended among others that tertiary institutions should extensively improve the curriculum, curriculum should be designed in line with requisite industry requirements. Tertiary institutions which have not included internships in the curriculum should consider its inclusion.
VL  - 8
IS  - 3
ER  -

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Author Information

Ogundeko Sodiq Temitayo

Department of Accounting, Lagos State University, Ojo, Nigeria
Sholuade Grace Temitope

Department of Accounting, Lagos State University, Ojo, Nigeria

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APA Style

Ogundeko Sodiq Temitayo, Sholuade Grace Temitope. (2023). Tertiary Institutions Accounting Program and Employability of Accounting Graduates in Nigeria. Journal of Business and Economic Development, 8(3), 83-93. https://doi.org/10.11648/j.jbed.20230803.12

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ACS Style

Ogundeko Sodiq Temitayo; Sholuade Grace Temitope. Tertiary Institutions Accounting Program and Employability of Accounting Graduates in Nigeria. J. Bus. Econ. Dev. 2023, 8(3), 83-93. doi: 10.11648/j.jbed.20230803.12

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AMA Style

Ogundeko Sodiq Temitayo, Sholuade Grace Temitope. Tertiary Institutions Accounting Program and Employability of Accounting Graduates in Nigeria. J Bus Econ Dev. 2023;8(3):83-93. doi: 10.11648/j.jbed.20230803.12

Copy | Download

@article{10.11648/j.jbed.20230803.12,
  author = {Ogundeko Sodiq Temitayo and Sholuade Grace Temitope},
  title = {Tertiary Institutions Accounting Program and Employability of Accounting Graduates in Nigeria},
  journal = {Journal of Business and Economic Development},
  volume = {8},
  number = {3},
  pages = {83-93},
  doi = {10.11648/j.jbed.20230803.12},
  url = {https://doi.org/10.11648/j.jbed.20230803.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jbed.20230803.12},
  abstract = {There is increasing evidence that Nigerian University graduates, particularly graduates of accounting programs lack employable skills that are essential to the real world and competencies that are needed in growing knowledge industries, complex business environments and globalized capital markets. The issue of employability has long been debated in literature in various countries, pointing out that the issue is not peculiar to a particular country but is rapidly becoming an area of concern globally and in all disciplines including accounting. The accounting curriculum has long been criticized for being too narrow, outmoded and defective; as it has failed to equip students sufficiently for employment in the business environment. The primary aim of this study is to examine Tertiary Institutions Accounting Programs and the employability of accounting graduates considering the skills expectation-performance gap in Nigeria. Three objectives were formulated in this regard. The study adopted a survey and experimental research design focusing on students from selected universities students in Lagos and Professional Accountants from the Big 4’s accounting firms. Based on the analyses, the Management information system is a significant determinant of data literacy skills and tech-savviness of accounting graduates, Accounting courses sharpen students’ analytical and innovation skills of graduates and other social and academic events significantly enhance the quality of accounting graduates in Nigeria. The study therefore concluded that the accounting curriculum to a large extent affects the employability of accounting graduates. It was recommended among others that tertiary institutions should extensively improve the curriculum, curriculum should be designed in line with requisite industry requirements. Tertiary institutions which have not included internships in the curriculum should consider its inclusion.},
 year = {2023}
}

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TY  - JOUR
T1  - Tertiary Institutions Accounting Program and Employability of Accounting Graduates in Nigeria
AU  - Ogundeko Sodiq Temitayo
AU  - Sholuade Grace Temitope
Y1  - 2023/09/06
PY  - 2023
N1  - https://doi.org/10.11648/j.jbed.20230803.12
DO  - 10.11648/j.jbed.20230803.12
T2  - Journal of Business and Economic Development
JF  - Journal of Business and Economic Development
JO  - Journal of Business and Economic Development
SP  - 83
EP  - 93
PB  - Science Publishing Group
SN  - 2637-3874
UR  - https://doi.org/10.11648/j.jbed.20230803.12
AB  - There is increasing evidence that Nigerian University graduates, particularly graduates of accounting programs lack employable skills that are essential to the real world and competencies that are needed in growing knowledge industries, complex business environments and globalized capital markets. The issue of employability has long been debated in literature in various countries, pointing out that the issue is not peculiar to a particular country but is rapidly becoming an area of concern globally and in all disciplines including accounting. The accounting curriculum has long been criticized for being too narrow, outmoded and defective; as it has failed to equip students sufficiently for employment in the business environment. The primary aim of this study is to examine Tertiary Institutions Accounting Programs and the employability of accounting graduates considering the skills expectation-performance gap in Nigeria. Three objectives were formulated in this regard. The study adopted a survey and experimental research design focusing on students from selected universities students in Lagos and Professional Accountants from the Big 4’s accounting firms. Based on the analyses, the Management information system is a significant determinant of data literacy skills and tech-savviness of accounting graduates, Accounting courses sharpen students’ analytical and innovation skills of graduates and other social and academic events significantly enhance the quality of accounting graduates in Nigeria. The study therefore concluded that the accounting curriculum to a large extent affects the employability of accounting graduates. It was recommended among others that tertiary institutions should extensively improve the curriculum, curriculum should be designed in line with requisite industry requirements. Tertiary institutions which have not included internships in the curriculum should consider its inclusion.
VL  - 8
IS  - 3
ER  -

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