History of Accounting
Advancement of Accountancy Profession in Nigeria:
A Collaborative Effort of Practicing Accountants and the Academia
By
Abubakar Salisu
B. Sc, M.Sc, MBA, ACA, AMNIM
Lecturer, Department of Accounting, Ahmadu Bello University, Zaria.
ABSTRACT
The Nigerian environment of accountancy profession has found it difficult to bring together accountants in the academics and in practice for the advancement of the profession. Whereas the accountants in practice are viewed as the real professional accountants; accountants in the academics are mostly considered as the providers of preliminary training to the would-be professional accountants. This paper looks into the present status of accountancy profession in Nigeria and the extent of harmony that exist between the accountants in practice and their counterparts in the academia. The paper also brings out the prospects of the profession in Nigeria when a collaboration of effort is employed by both parties. A conceptual approach and content analysis were used in order to bring to bare the extent of harmony that exist between the accountants in practice and in academics; and how collaborative effort can assist in advancing the accountancy profession in Nigeria. The discussions in the paper revealed that the accountants in the academia are not accorded the deserved recognition and their contributions to knowledge are mostly reduced to their literature contents only. It was also found that the practicing accountants are giving more superior roles in committees and boards set up for the purpose of advancing the accounting profession in Nigeria. It is recommended that the accountants in the academia should be giving the necessary incentives and recognition, which will ginger up their interest in carrying out more advanced researches in the field of accountancy. They should also be accorded appropriate representations and their researches used adequately.
INTRODUCTION
As an academic accountant, it is very funny to
A Collaborative Effort of Practicing Accountants and the Academia
By
Abubakar Salisu
B. Sc, M.Sc, MBA, ACA, AMNIM
Lecturer, Department of Accounting, Ahmadu Bello University, Zaria.
ABSTRACT
The Nigerian environment of accountancy profession has found it difficult to bring together accountants in the academics and in practice for the advancement of the profession. Whereas the accountants in practice are viewed as the real professional accountants; accountants in the academics are mostly considered as the providers of preliminary training to the would-be professional accountants. This paper looks into the present status of accountancy profession in Nigeria and the extent of harmony that exist between the accountants in practice and their counterparts in the academia. The paper also brings out the prospects of the profession in Nigeria when a collaboration of effort is employed by both parties. A conceptual approach and content analysis were used in order to bring to bare the extent of harmony that exist between the accountants in practice and in academics; and how collaborative effort can assist in advancing the accountancy profession in Nigeria. The discussions in the paper revealed that the accountants in the academia are not accorded the deserved recognition and their contributions to knowledge are mostly reduced to their literature contents only. It was also found that the practicing accountants are giving more superior roles in committees and boards set up for the purpose of advancing the accounting profession in Nigeria. It is recommended that the accountants in the academia should be giving the necessary incentives and recognition, which will ginger up their interest in carrying out more advanced researches in the field of accountancy. They should also be accorded appropriate representations and their researches used adequately.
INTRODUCTION
As an academic accountant, it is very funny to
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