A recent study by Otamiri, S., & Jacob, E. O. (2023) titled “Accounting Education in Nigerian Universities and Youth Empowerment in Edo State,” published in the International Journal of Education and Sustainable Development by BW Academic Journal shows that accounting education has a positive and significant impact on youth empowerment in Edo State.
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Accounting education in Nigerian universities significantly empowers Edo State’s youth, fostering job creation, wealth generation, and entrepreneurship.– Otamiri and Jacob 2023
The article explores how accounting education in Nigerian universities can boost youth empowerment in Edo State, a region with high unemployment and poverty rates among youths. The article argues that accounting education provides financial skills and knowledge that can help youths start their businesses, create jobs, and generate wealth. The authors explore ten research objectives and corresponding research questions and hypotheses that aim to examine the relationship between various aspects of accounting education and youth empowerment and use a conceptual framework to illustrate the linkages between accounting curriculum, entrepreneurship components, delivery facilities, environmental factors, and youth empowerment outcomes.
The authors found that accounting education has a positive and significant impact on youth empowerment in Edo State. It argues that accounting education provides financial skills and knowledge that can help youths create jobs, wealth, and self-employment opportunities. The article also offers some recommendations for improving the accounting education curriculum, enhancing skill development and training, providing adequate facilities and resources, and creating conducive policies and environments for youth empowerment.
The implications of the study highlight the transformative potential of accounting education on various fronts, ranging from individual skill development to broader societal and economic impacts. Implementing the recommendations derived from the study could contribute to a more empowered and economically vibrant youth population in Edo State and, by extension, the broader Nigerian context.
- The authors suggest that the accounting curriculum should include courses such as financial accounting, management accounting, and cost accounting, as well as an entrepreneurship component that covers skill development, skill training, and business development ideas.
- In addition, the authors also recommend that qualified teachers, quality classrooms, and quality libraries should be provided for accounting education. It also calls for favourable government policies, loan policies, and tax policies for youth empowerment.
In conclusion, the study conducted by Otamiri and Jacob sheds light on the pivotal role of accounting education in fostering youth empowerment in Edo State, Nigeria. Through a comprehensive exploration of research objectives and a sound conceptual framework, the authors convincingly argue that accounting education equips young individuals with the financial skills and knowledge necessary for job creation, wealth generation, and self-employment opportunities. The study’s findings not only underscore the positive and significant impact of accounting education on youth empowerment but also provide actionable recommendations. These include a call for an enriched accounting curriculum featuring key courses and an entrepreneurship component, coupled with the provision of qualified educators, quality learning environments, and supportive government policies. The proposed changes aim to create a conducive ecosystem for the holistic development of the youth, thereby contributing to a more empowered and economically vibrant society in Edo State and beyond. The transformative potential highlighted in the study suggests that by implementing these recommendations, stakeholders have an opportunity to shape a future where accounting education becomes a catalyst for positive change, uplifting individuals and communities alike. As policymakers, educators, and institutions consider these insights, there is a prospect for a more resilient and empowered youth population, ultimately paving the way for sustainable development in the region.
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