Should Integrated Reporting be incorporated in the Management Accounting Curriculum?

Oyewo, B. and Obigbemi, Imoleayo and Uwuigbe , U. (2015) Should Integrated Reporting be incorporated in the Management Accounting Curriculum? International Journal of Education and Research, vol. 3(1), pp. 63-76 , 3 (1). pp. 63-76.

PDF Download (91kB)

Abstract

Integrated reporting is a concept which advocates for the preparation of separate reports that communicate the impact, value-creation process, and linkage of performances with strategies of organisations. In recognition of the growing need for integrated reporting, the Chartered Institute of Management Accountants (CIMA-UK) recently included integrated reporting in the revised syllabus for 2015. This is not unconnected to the backdrop that different issues of strategic importance in accounting have found their way to the management accounting curriculum, to ensure the subject remains externally-oriented, forward-looking, and societally-relevant. With the knowledge that management accounting is a course undertaken in academic and professional accounting programmes, the study examines whether integrated reporting should be incorporated in the management accounting curriculum. Data analyses triangulation, with the combination of statistics such as mean, standard deviation, percentage analysis, cross-tabulation, partial correlation and Kruskal Wallis test at 5% significance level, establish the existence of a consensus, among respondents, on the need to inculcate integrated reporting in the management accounting curriculum. The study recommends that management accounting curriculum should be updated with integrated reporting, as this move is expected to, not only raise awareness level for the concept, but also equip accountants with the competence required for preparing integrated reports, thereby preparing them early for the emerging task of integrated reporting.

Item Type:	Article
Subjects:	H Social Sciences > HF Commerce > HF5601 Accounting
Divisions:	UNSPECIFIED
Depositing User:	DR UWALOMWA UWALOMWA
Date Deposited:	26 Mar 2015 08:46
Last Modified:	26 Mar 2015 08:46
URI:	http://eprints.covenantuniversity.edu.ng/id/eprint/4289

Actions (login required)

View Item