Measuring Student’s Understanding of Accounting Classification with the Engagement of Real Business Operator

DOI

10.2991/978-94-6463-839-4_55How to use a DOI?

Keywords

Accounting; Accounting Classification; Financial Statements; Students

Abstract

Accounting knowledge is undoubtedly important in assisting businesses in managing financial matters more effectively. University students are required to enroll in introductory accounting courses to equip themselves with the knowledge necessary to handle challenges in the real world after graduation. The students are still experiencing difficulties, though, because of the technicalities in preparing financial statements. On that account, real business operators from the industry were invited to engage directly with the students and share their real-world experiences while applying their basic accounting knowledge in preparing complete financial statements. Hence, this study examines the understanding of accounting classification among the students which comprised of assets, liabilities, owner’s equity, revenue, and expenses after the involvement with the expert from the real business operator. A total of 252 undergraduate students were responded to a self-administered questionnaire. The findings revealed that there is a statistically significant relationship between student’s basic accounting knowledge and student’s understanding of financial statement elements including assets, liabilities, owner’s equity, revenues, and expenses when industry participant was involved. The results indicated that the level of understanding on accounting classification is still relatively moderate and low in certain aspects due to its technical difficulties. However, the interaction with real business operators from the industry enhanced the student’s comprehension relative to what they have already learned in the classroom. This in turn, is expected to provide useful information to the university in terms of student academic development, with the goal of exposing students to a perfect application of explicit teaching with industry.

Copyright

© 2025 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Adriana Shamsudin
AU  - Khairiah Ahmad
AU  - Nur Farahah Mohd Pauzi
AU  - Mohd Ariff Mustafa
AU  - Ainol Sarina Ahmad Zazili
AU  - Jalaluddin Mohamad Jailani
PY  - 2025
DA  - 2025/09/16
TI  - Measuring Student’s Understanding of Accounting Classification with the Engagement of Real Business Operator
BT  - Proceedings of the 10th Padang International Conference on Education, Economics, Business and Accounting (PICEEBA-2 2022)
PB  - Atlantis Press
SP  - 650
EP  - 666
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-839-4_55
DO  - 10.2991/978-94-6463-839-4_55
ID  - Shamsudin2025
ER  -