This research work is undertaken with a view of investigating the strategies for improving student’s academic performance in financial accounting in some secondary schools in Edo state. To enhance effectiveness of this work, literature on the cause of poor performance by various scholars, journals, articles and view of other writers were reviewed duly considered and used, questionnaires were also administered to students and staff in some selected secondary schools in Edo state and the results used to draw conclusion. The findings revealed the following as contributory factors to the poor performance of student’s financial accounting in Edo state.
1. Lack of qualified teachers to teach the subject (Accounting).
2. Teachers/students are not motivated to teach or learn the accounting.
3. Lack of appropriate equipment and other industrial materials.
Other findings include the attitudes of parent and the good government towards the subject. Recommendations were made towards ensuring better students’ performance in financial accounting.
TABLE OF CONTENTS
Statement of problem
Purpose of the study
Significance of the study
Definition of terms
Research design and methodology
Instruments used for data collection
Administration of questionnaire
Method of data analysis
Data analysis and results
Discussion of findings
Suggestion for further research
APPENDIX 1 & APPENDIX 11
1.1 BACKGROUND TO THE STUDY
The new National Policy on Education (1981) is designed to be functional, practical and qualitative. This is expected to reduce the mere paper work system associated with the former system of education and which led to the mass unemployment. This new policy on education emphasizes vocational and was formulated by any Nigerians to direct the nation towards technological and economic development and cultural renewal. The subject areas recommended for study and compulsory for every child in the post primary school system include science, vocational and social studies. Under the vocational area is accounting subject. Accounting is an indispensable field of study in education. It is a subject that is very essential for business. It helps both profit and non-profit making organizations. This is because it helps these organizations to make policies which helps for expansion. It also access the efficiency of management to make decisions relating to further investment. It aids proprietors access the efficiency of management and provide information which assists parties outside organization to make objective judgment about the organization. In the secondary schools, the objective of teaching this important subject is to provide students with the basic method of processing data to develop manipulative skills and provide knowledge for career advancement in accounting to develop an economic understanding of business vocabulary to help students develop and understanding of basic accounting concept and principles, in summary to be self reliant. Unfortunately students nowadays perform poorly in this important subject, the poor performance of students in the subject has become a matter of concern to many people especially to business education that a question arises, “what are the causes of student’s poor performance in this subject? Is it due to the ineffectiveness of the accounting teachers who teach the subject, students’ lack of interest, or inadequate teaching aids? How then can the poor performance be improved? To find solutions to the above questions is the objective of this research.
1.2 STATEMENT OF PROBLEM
Accounting like every other business subject as an inestimable value which it had played and is still playing definite and important roles in the world of business. Due to the vital role, the knowledge and understanding of accounting is playing in the society, there is the need to improve on its standard. The students offering this subject tend to encounter some problems which leads to their poor performances and such problems among others are
1. Lack of qualified teachers.
2. Lack of motivation.
3. Lack of teaching aids and instructional materials.
1.3 RESEARCH QUESTIONS
To effectively carryout this study, the following questions were formulated
1. Are there qualified teachers in the school?
2. Are the teachers or students being motivated?
3. Does the school have teaching aids or instructional materials?
4. Do teachers conduct continuous assessment regularly?
1.4 PURPOSE OF STUDY
Since accounting is a venture which helps in the socio-economic development of the masses, it becomes pertinent for all hands to be on deck, if improvement is to be made generally, financial accounting like every other field or discipline is associated with some problems. It is on this ground therefore, that this study is designed to map out strategies for improving students poor academic performances in financial accounting in some selected secondary schools in Edo state.
1.5 SIGNIFICANCE OF STUDY
The significance of the research will highlight the problems of students poor academic performance in financial accounting in secondary schools, particularly those in Edo state. It will also suggest ways for improvement and correction. In addition, it tries to find out ways of encouraging the present and future students of Edo state so that, they can have meaningful and personal relationship between their teachers and themselves. The findings of the study will be of immense assistance to financial accounting administration, especially the school principal, if the findings are thoroughly implemented. It will enhance students’ performance in financial accounting especially in Edo state.