DOWNLOAD THE FULL PROJECT

1168 Users found this project useful

FACTORS THAT LEAD TO STUDENTS POOR PERFORMANLE IN PRINCIPLES OF ACCOUNTS IN POST PRIMARY INSTITUTION (A CASE STUDY IN ENUGU SOUTH LOCAL GOVERNMENT)

ABSTRACT

This study aims at investigating the factors that lead to students’ poor performance in principles of account in post primary institution in Enugu South Local Government.  It is not intended to contradict all papers or disapprove any already on this particular topic or similar topic but will serve as a supple monetary work to those one. In spite of the obvious need for this subject (Account) in such a growing economy like ours, students seem to be shying ways from it opinions have widely varied as to the causes. In view of the above, the investigator saw the need to fund out if there had been relative poor performance in the subject, and the factors that actually head to poor performance in this subject area.  The study revealed among other things that students performance in Accounts have been relatively low. To off-set these proven bottleneck and thereby facilitate student’s performance in the subject, the researcher recommends among others that efforts should be stepped up in going students’ god background in accounting.

CHAPTER ONE

INTRODUCTION

1.1       BACKGROUND OF THE STUDY

The factors that lead to students’ poor performance in principle of accounts in post primary institutions in Enugu South local government area of Enugu State. The principles of financial accounting is set up to propane students generally for the study of financial accounting in particular.  It is hoped that the selected definitions that follow will create the awareness needed for students and as well awaken their interest in the study of accounting.

The American institute of certified public accountants defines accounting “as the act of recording, classifying and summarising in a significant manner and in terms of money transactions and events which are part (at least) of a financial character, and interpreting the results thereof”. Also, Accounting can be defined as the process of identifying, measuring and communicating economic information to permit informed judgement and decision by users of the information. However, this definition by the American accounting association appears to dwell more on investment decisions made based on accounting information.  Investment decision, whether by investors buying shares in a company or a company investing the funds at its disposal, involves identifying investment opportunities assessing or analysing the various alternatives based on sound economic principles.  The association of national accountants of Nigeria defines accounting. “as the analysis, classification and recording of financial transactions and ascertainment of how such transaction affect the performance and financial position of a business.  This involves knowing the day-to-day dealings with money and money.

Consequently, the practice of accounting stated since organised life evolved.  The early man lived in caves from where he developed into living in communities.  That is, each person went about doing those activities of life for which he was most gifted.  This gave rise to individuals producing certain goods in quantities in excess of what they needed which there were other goods which they needed but they did not produce themselves.  The result was exchange. The first system of exchange was by barter.  Later money evolved and replaced banter.  During the stage of barter, recordings exchange was recorded.  A stroke on the wall or a pebble thrown into a pot could represent a receipt of 10 cowries.  When a payment of a similar amount is made, then a pebble would be removed from the pot a stroke cleaned off from the wall.  At any point in time, the number of pebbles, sticks or strokes remaining would signify the amount of money or commodity left, owned or owed by the “recorder”.

In Nigeria, Accounting or book-keeping originate from the missionaries and private commercial schools in 1900. These missionaries came along with their men and introduced book-keeping as apprenticeship programmes when the apprenticeship agencies failed to meet the needs of book-keepers and clerical workers, pre-service education programmes for training these workers were organized in academics and proprietary schools.  The rapid expansion of business in the early years of the 19th century and need for larger number of bookkeeping and stenographers, clerical worker brought about an increased interest in business courses.

Educators became more concerned about commercial courses, early in the twentieth century

  DOWNLOAD THE FULL PROJECT