Assessment of Awareness of Business Education Students in Automated Accounting for Future Functionality on Graduation

Abstract

This research assessed the awareness of Business Education Students in Automated Accounting for Future Functionality on Graduation. Business education students need to be fully aware of accounting automaton so as to be prepared for it. Descriptive survey design was used to obtain the opinions of the respondents on their awareness of accounting automaton. Population of the study was 164 final year (2018/2019) students of business education drawn from public universities in South-East, Nigeria. There was no sampling. Questionnaire was used to collect data from respondents. Responses were obtained based on a four-point likert scale of highly-aware, moderately-aware, slightly-aware and unaware and analysed using statistical package for social sciences (SPSS) version 22 and categorised using real limits of numbers. Most of the respondents showed slightly aware in tax accounting automation and cost accounting automation. The hypothesis was tested on a 0.05 level of significance using a Chi-Square test which revealed that there is a significant difference between the responses based on locations, and that there is no significant difference in the responses based on Gender. The major finding of the study was that Business Education Students are slightly aware of automation in accounting. This is due to lack of personal efforts to be updated with technological trends in Business Education and the Business Education curriculum content does not provide learning experiences for automation in accounting. Based on the findings, the researchers concluded that lack of awareness of business education students in automated accounting may lead to the replacement of business education students with an information technology (IT) skilled counterpart or personnel by most firms.

Keywords: Accounting automation, cost accounting, tax accounting, accounting automation awareness, business education students

DOI: 10.7176/JEP/16-4-05

Publication date: April 30^th 2025