Awareness on Islamic Accounting among First Year Accountancy Students in Marawi City, Philippines

Papala Masorong

2019

Abstract

The purpose of this study is to examine the level of awareness of first year accountancy students in Marawi City, Philippines towards Islamic accounting. A cross-sectional survey design was utilized and uses descriptive approach in the interpretation of the data by administering a survey questionnaire to one hundred twenty two first year accountancy students, who serve as the respondents of the study. The setting is the two higher education institutions in Mawawi City. The data was analyzed, interpreted and were statistically treated using frequency, percentage, and weighted mean. The results of the study indicate that all the respondents were not aware of Islamic accounting. It also indicates that the respondents are not aware on the difference between Islamic accounting and conventional accounting. With regards to the importance of Islamic accounting and ethics attached to the practice of accounting, results indicate that the respondents are less aware of it. With this findings, it is suggested that Islamic accounting be offered in the accountancy program so as to armed future accountant with awareness on the concept and scheme of Islamic accounting thereby producing a well-rounded and holistic workforce in the field of accounting. It is further recommended that a comparative study on the scheme of Islamic accounting in other Asian countries be conducted so that the findings of the study on how the Islamic accounting operates are validated.

Paper Citation

in Harvard Style

Masorong P. (2019). Awareness on Islamic Accounting among First Year Accountancy Students in Marawi City, Philippines. In Proceedings of the 7th ASEAN Universities International Conference on Islamic Finance - Volume 1: 7th AICIF, ISBN 978-989-758-473-2, pages 231-239. DOI: 10.5220/0010120900002898

in Bibtex Style

@conference{7th aicif19,
author={Papala Masorong},
title={Awareness on Islamic Accounting among First Year Accountancy Students in Marawi City, Philippines},
booktitle={Proceedings of the 7th ASEAN Universities International Conference on Islamic Finance - Volume 1: 7th AICIF,},
year={2019},
pages={231-239},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010120900002898},
isbn={978-989-758-473-2},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 7th ASEAN Universities International Conference on Islamic Finance - Volume 1: 7th AICIF,
TI - Awareness on Islamic Accounting among First Year Accountancy Students in Marawi City, Philippines
SN - 978-989-758-473-2
AU - Masorong P.
PY - 2019
SP - 231
EP - 239
DO - 10.5220/0010120900002898