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PROJECT TOPIC- STRATEGIES FOR IMPROVING STUDENTS’ PERFORMANCE IN WAEC/NECO FINANCIAL ACCOUNTING IN OHAUKWU LOCAL GOVERNMENT AREA OF EBONYI STATE

PROJECT TOPIC- STRATEGIES FOR IMPROVING STUDENTS’ PERFORMANCE IN WAEC/NECO FINANCIAL ACCOUNTING IN OHAUKWU LOCAL GOVERNMENT AREA OF EBONYI STATE

              CHAPTER ONE              

INTRODUCTION

Background to the study:                                           

The new National Policy on Education (2013) 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 many Nigerians to direct the nation towards technological and economic development and cultural renewal.

The aim of every teaching is to bring up learning. Teaching without understanding makes learning irrelevant. Therefore, learning has being defined by so many authors. Learning can be defined as a change in behavior which is demonstrated by people, implementing knowledge, skills, values, ideas and practices derived from education.

Atherton(2011), defined learning as the change in the behavior of an individual which can occur in the classroom. Atherton (2010) asserted that learning is what is taught and what is learned by an individual. Which means that learning is all about what someone taught an individual and the subject matter taught. For learning to be effective, it must involve the learner, the materials to be learned, and the learning techniques. This is to say that without the learner, learning process cannot be effective.

Moreover, for every learning experience to be effective, there must be specific goals, aims and objectives which will be measurable. Sometimes, the outcome of the measurement is determined by the   learners’ interest or aspirations, motivation, subjects taught by the teacher, the subject and the meaningfulness of the materials used. The research project titled “strategies for improving students performance in WAEC/NECO financial accounting in secondary schools” is based on Ohaukwu Local Government area of Ebonyi State, Mainly because of poor performance of students and lack of adequate material in use and capable teachers to handle the subject in that area.

Accounting is a generic term covering both the bookkeeping and accounts of an economic entity. According to American Institute of Certified Public Accountants (AICPA), accounting is the act 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 (Agbo, 2007:2). Similarly, Asolu and okolie (2013:99) saw accounting as the process of recording, classifying, measuring, interpreting, summarizing and reporting financial data of an organization to the users for the objective assessment and decision making. Accounting provides quantitative financial information about economic entities for internal and external users to use in making decisions such as whether to invest further or not.

It is an information and measurement system that identifies records and communicates relevant, reliable and comparable financial data about an organization’s business activities Wild (2003:4). It helps us make better decision, including assessing opportunities, products, investments and social and community responsibilities. Accounting activities according to Needless, Asolu and Agbo (2006), embrace all the line functions performed in accounting process and which including general financial accounting, accounting systems and data processing (Agbo, 2004:3)

Generally, financial accounting is the scope of accounting covered in Nigeria secondary schools. At the secondary school level, it is usually called Principles of Accounts. Principle of accounts is defined as the act of recording business transactions in a regular and systematic manner, while accounting involves the analysis, classification, interpretation and reporting of financial transaction to the end users. This means that accounting is not a mere recording of daily transactions rather it is an extent in which an act of analyzing and dissemination of information both the internal and external users.

The relevance of accounting to our educational institutions and industries is very important. The account student specialized in the art of financial reporting which guides management policies. Principles of accounts were just learned like every other subjects like trade, profession or vocation, it was taught as a school subject. Financial Accounting helps to develop-youths beyond the capability of getting   nice job. It helps to create job opportunities, for the young ones that finished secondary school as they are found occupying some of the accounting positions in the firms, private and government establishments.

PROJECT TOPIC- STRATEGIES FOR IMPROVING STUDENTS’ PERFORMANCE IN WAEC/NECO FINANCIAL ACCOUNTING IN OHAUKWU LOCAL GOVERNMENT AREA OF EBONYI STATE

According to Nwachukwu (2004) accounting does not only address itself to the teaching of principles and methods of accounting but extends to the utilization and allocation of resources as an aid to managerial decision making.

This means that all the users of accounting information which includes organizations, firms, private and government establishment has to make decision on how to allocate its resources.

Upon its importance and marketability in the Labour market, which-should in no way act as motivation factors, the students still perform poorly in the subject.

Improving students’ performance in WAEC/NECO Financial Accounting in Ohaukwu Local Government Area of Ebonyi State, a situation whereby more than half of the students who took the examination in SS.III in Ohaukwu Local Government failed, some people blamed the principals of the schools for their incapability of managing the schools such as inadequate teaching equipment, lack of qualified staff and the school environment. Others blame the teachers for their negative attitude towards work. Teachers who have chosen to be less concerned towards teaching. Some others blame the students for their laisser-faire style of studying accounts.

Statement of the problem

Accounting like every other business subject has a great role it had played and is still playing in the world of business today. Due to the vital role, the knowledge and understanding of accounting is playing in the society, there is need to improve on its standard. The students offering this subject tend to encounter some problems which lead to their poor performances and such problems among others are problem of effective learning environment, teaching method, lack of qualified teachers, lack of motivation, lack of teaching aids and instructional materials.

Purpose of the study

The main purpose of the study is to determine strategies for improving students’ performance in WAEC/NECO financial Accounting in Ohaukwu Local Government Area of Ebonyi State.  Specifically, the study sought to:

  1. Determine the teaching strategies that will improve students’ performance in WAEC/NECO Financial Accounting in Ohaukwu Local Governent Area of Ebonyi State.
  2. Determine the teaching resource that will enhance students’ performance in WAEC/NECO Financial Accounting in Ohaukwu Local Government Area of Ebonyi State.
  3. Identify effective learning environment that will improve students’ performance in WAEC/NECO Financial Accounting in Ohaukwu Local Government Area of Ebonyi state.
  4. Identify good study habit that will improve students’ performance in WEAC/NECO Financial Accounting in Ohaukwu Local Government Area of Ebonyi State.

Significance of the study

PROJECT TOPIC- STRATEGIES FOR IMPROVING STUDENTS’ PERFORMANCE IN WAEC/NECO FINANCIAL ACCOUNTING IN OHAUKWU LOCAL GOVERNMENT AREA OF EBONYI STATE

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