CHAPTER ONE
INTRODUCTION
1.1 Background to the Study
The dynamic landscape of accounting education in Nigeria is continuously evolving, driven by globalization, technological advancements, and the need for a skilled and competent workforce. In this context, mentoring programs have emerged as a crucial component in shaping the educational and professional trajectories of aspiring accountants. This study seeks to assess the role of mentoring programs in accounting education within the Nigerian context, shedding light on their impact on students, educators, and the broader accounting profession. As a developing nation with a burgeoning economy, Nigeria places increasing importance on nurturing a cadre of highly skilled and ethical accountants to contribute to sustainable economic growth. The mentorship paradigm offers a unique lens through which to examine the transfer of knowledge, skills, and values in the accounting domain. By exploring the effectiveness of mentoring programs, this research aims to provide insights into the potential improvements and innovations that can be integrated into the existing accounting education framework Ajayi, A. C., & Adeyemi, A. O. (2019).
Several notable mentoring initiatives have been implemented in Nigeria, often with the support of professional accounting bodies, academic institutions, and industry partners. This study will draw upon existing literature and empirical evidence to critically evaluate the impact of these programs on students' academic performance, professional development, and ethical awareness. Additionally, it will assess the perspectives of mentors and mentees, examining the challenges and successes encountered in the implementation of mentoring relationships within the Nigerian accounting education context. Olatoye, R. A., & Ajayi, A. C. (2020).
In undertaking this assessment, the study will contribute valuable insights to academia, policy-makers, and practitioners, fostering a deeper understanding of the role mentoring plays in shaping the future of accounting education in Nigeria. By aligning educational practices with the evolving needs of the accounting profession, this research endeavors to inform strategic decisions that can enhance the quality and relevance of accounting education in the country. Ultimately, the findings aim to contribute to the ongoing dialogue on educational reform and capacity building within the Nigerian accounting landscape. Olawale, L. O., & Adeyemi, A. O. (2018).Top of Form
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1.2 Statement of the Problem
In Nigeria, accounting education plays a pivotal role in shaping the future of professionals within the financial sector. However, the efficacy of mentoring programs in enhancing the learning experience and career development of accounting students remains largely unexplored. The lack of comprehensive studies on the role of mentoring programs in accounting education in Nigeria has created a significant gap in understanding how mentorship can positively influence the academic and professional trajectories of aspiring accountants. This research aims to address this critical gap by assessing the current landscape of mentoring programs within accounting education institutions in Nigeria, exploring their structures, implementation strategies, and the perceived impact on students' academic performance, career aspirations, and overall professional development.
Despite the recognized importance of mentorship in fostering a supportive learning environment, there is a dearth of empirical evidence specifically tailored to the Nigerian context. This study seeks to uncover the challenges and opportunities associated with mentoring programs in accounting education, shedding light on the factors that contribute to their success or hindrance. By investigating the perspectives of both mentors and mentees, as well as evaluating the institutional frameworks supporting these programs, this research aims to provide valuable insights that can inform policy recommendations and best practices for the effective integration of mentoring initiatives into accounting education in Nigeria. Ultimately, the findings of this study will contribute to the advancement of accounting education in Nigeria, fostering a more robust and responsive system that nurtures the next generation of proficient and ethically-grounded accounting professionals.
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1.3 Objectives of the Study
The main objective of the study is to examine Assessment of the Role of Mentoring Programs in Accounting Education in Nigeria. Specific objectives of the study are:
- To evaluate the impact of formal and informal mentoring programs on the academic performance, career preparedness, and professional development of accounting students in Nigerian universities.
- To identify the key characteristics and practices of successful mentoring programs within the Nigerian accounting education context.
- To assess the challenges and opportunities associated with implementing and sustaining mentoring programs in accounting education in Nigeria.
1.4 Research Questions
To guide the study and achieve the objectives of the study, the following research questions were formulated:
- 1. Do accounting students who participate in mentoring programs demonstrate higher academic performance (e.g., GPA, exam scores) compared to non-participants? If so, to what extent and across which specific academic areas?
- 2. What are the specific skills and knowledge gained by accounting students through participation in mentoring programs that contribute to their career preparedness (e.g., job search skills, professional ethics)?
- What are the factors that contribute to the successful implementation and sustainability of mentoring programs in different types of Nigerian universities (e.g., public vs. private, urban vs. rural)?
1.5 Research Hypothesis
The following research hypothesis was developed and tested for the study:
Ho: There is no statistical significant relationship between role of mentoring programs and accounting education in Nigeria.
1.6 Significance of the Study
The study is important for many reasons. The following are the major stakeholders this paper through its practical and theoretical implications and findings will be of great significance:
Firstly, the paper will benefit major stakeholders and policy makers in the Accounting Education sector. The various analysis, findings and discussions outlined in this paper will serve as a guide in enabling major positive changes in the industry and sub-sectors.
Secondly, the paper is also beneficial to the organizations used for the research. Since first hand data was gotten and analysed from the organization, they stand a chance to benefit directly from the findings of the study in respect to their various organizations. These findings will fast track growth and enable productivity in the organisations used as a case study.
Finally, the paper will serve as a guide to other researchers willing to research further into the subject matter. Through the conclusions, limitations and gaps identified in the subject matter, other student and independent researchers can have a well laid foundation to conduct further studies.
1.7 Scope of the Study
The study is delimited to University of Uyo. Findings and recommendations from the study reflects the views and opinions of respondents sampled in the area. It may not reflect the entire picture in the population.
1.8 Limitations of the Study
The major limitations of the research study are time, financial constraints and delays from respondents. The researcher had difficulties combining lectures with field work. Financial constraints in form of getting adequate funds and sponsors to print questionnaires, hold Focus group discussions and logistics was recorded. Finally, respondents were a bit reluctant in filling questionnaires and submitting them on time. This delayed the project work a bit.
1.9 Organization of the Study
The study is made up of five (5) Chapters. Chapter one of the study gives a general introduction to the subject matter, background to the problem as well as a detailed problem statement of the research. This chapter also sets the objectives of the paper in motion detailing out the significance and scope of the paper.
Chapter Two of the paper entails the review of related literature with regards to corporate governance and integrated reporting. This chapter outlines the conceptual reviews, theoretical reviews and empirical reviews of the study.
Chapter Three centers on the methodologies applied in the study. A more detailed explanation of the research design, population of the study, sample size and technique, data collection method and analysis is discussed in this chapter.
Chapter Four highlights data analysis and interpretation giving the readers a thorough room for the discussion of the practical and theoretical implications of data analyzed in the study.
Chapter Five outlines the findings, conclusions and recommendations of the study. Based on objectives set out, the researcher concludes the paper by answering all research questions set out in the study.
REFERENCES
Ajayi, A. C., & Adeyemi, A. O. (2019). The Impact of Mentoring on Career Development of Accounting Graduates in Nigeria. Journal of Accounting Education, 48, 1-13.
Olatoye, R. A., & Ajayi, A. C. (2020). Mentoring and Professionalism in the Nigerian Accounting Profession. International Journal of Business and Social Science, 11(1), 45-56.
Olawale, L. O., & Adeyemi, A. O. (2018). Enhancing Ethical Decision-Making through Mentoring: A Case Study of Accounting Students in Nigeria. Accounting Education, 27(3), 260-278.
