Measuring Student’s Understanding of Accounting Classification with the Engagement of Real Business Operator

Adriana Shamsudin, Khairiah Ahmad (), Nur Farahah Mohd Pauzi, Mohd Ariff Mustafa, Ainol Sarina Ahmad Zazili and Jalaluddin Mohamad Jailani
Additional contact information
Adriana Shamsudin: Universiti Teknologi MARA, Faculty of Accountancy
Khairiah Ahmad: Universiti Teknologi MARA, Faculty of Accountancy
Nur Farahah Mohd Pauzi: Universiti Teknologi MARA, Faculty of Accountancy
Mohd Ariff Mustafa: Universiti Teknologi MARA, Faculty of Accountancy
Ainol Sarina Ahmad Zazili: Universiti Teknologi MARA, Faculty of Accountancy
Jalaluddin Mohamad Jailani: Kambing Sahabat Enterprise, Operation Manager

A chapter in Proceedings of the 10th Padang International Conference on Education, Economics, Business and Accounting (PICEEBA-10 2022), 2025, pp 650-666 from Springer

Abstract: Abstract Accounting knowledge is undoubtedly important in assisting businesses in managing financial matters more effectively. University students are required to enroll in introductory accounting courses to equip themselves with the knowledge necessary to handle challenges in the real world after graduation. The students are still experiencing difficulties, though, because of the technicalities in preparing financial statements. On that account, real business operators from the industry were invited to engage directly with the students and share their real-world experiences while applying their basic accounting knowledge in preparing complete financial statements. Hence, this study examines the understanding of accounting classification among the students which comprised of assets, liabilities, owner’s equity, revenue, and expenses after the involvement with the expert from the real business operator. A total of 252 undergraduate students were responded to a self-administered questionnaire. The findings revealed that there is a statistically significant relationship between student’s basic accounting knowledge and student’s understanding of financial statement elements including assets, liabilities, owner’s equity, revenues, and expenses when industry participant was involved. The results indicated that the level of understanding on accounting classification is still relatively moderate and low in certain aspects due to its technical difficulties. However, the interaction with real business operators from the industry enhanced the student’s comprehension relative to what they have already learned in the classroom. This in turn, is expected to provide useful information to the university in terms of student academic development, with the goal of exposing students to a perfect application of explicit teaching with industry.

Keywords: Accounting; Accounting Classification; Financial Statements; Students (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-839-4_55

Ordering information: This item can be ordered from
http://www.springer.com/9789464638394

DOI: 10.2991/978-94-6463-839-4_55

Access Statistics for this chapter

More chapters in Advances in Economics, Business and Management Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().