Practical knowledge in preparing financial statements and ICT-enabled financial plans: An empirical study among entrepreneurial students in Oman

Mohammed Muneerali Thottoli ()
Additional contact information
Mohammed Muneerali Thottoli: University of Nizwa, Oman

International Entrepreneurship Review, 2021, vol. 7, issue 1, 21-31

Abstract: Objective: This paper aims to examine practical knowledge in preparing financial statements (FStts), practical knowledge in information and communication technology (ICT) and ICT-enabled financial plan (ICTeFP) among entrepreneurial students within Universities in Oman. Research Design & Methods: Primary data were collected from university students to analyze practical knowledge in preparing FStts and related ICT skills. Items of FStts were considered to measure entrepre-neurial students’ practical knowledge to prepare FStts. Besides, entrepreneurial students’ skills in basic Microsoft tools have also been considered. Findings: The findings were evaluated by applying structural equation modelling-partial least squares (SEM-PLS). The findings of the current study reveal that entrepreneurial students’ practical knowledge in preparing FStts is lacking whereas it shows that the students possess adequate basic skills in ICT. Thus, automated ICTeFP can be useful in managing entrepreneurship creativity and innovation course more effectively. Implications & Recommendations: The findings suggest that ICTeFP is an excellent contribution to enrich the recently compulsory course, (both for accounting and non-accounting students), entrepreneurship creativity, and innovation. Contribution & Value Added: The study solely for the entrepreneurial students who are studying the course, entrepreneurship creativity and innovation, in Oman. The research is one of the first to empirically analyze the relationship between practical knowledge in preparing FStts, practical knowledge in ICT, and ICTeFP among entrepreneurial students within universities in Oman.

Keywords: Entrepreneurship; Creativity; Innovation; ICT; Financial Plan; Oman; University (search for similar items in EconPapers)
JEL-codes: L26 L86 M41 (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://ier.uek.krakow.pl/index.php/pm/article/view/2013/2111 (application/pdf)

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:krk:ientre:v:7:y:2021:i:1:p:21-31

Ordering information: This journal article can be ordered from

Access Statistics for this article

International Entrepreneurship Review is currently edited by Krzysztof Wach, PhD, hab.

More articles in International Entrepreneurship Review from Centre for Strategic and International Entrepreneurship at the Cracow University of Economics. International Entrepreneurship Review Cracow University of Economics Centre for Strategic and International Entrepreneurship ul. Rakowicka 27 31-510 Krakow Poland. Contact information at EDIRC.
Bibliographic data for series maintained by Bo¿ena Pera, PhD. ().