Journal of higher education theory and practice, Jan 29, 2024
The study sought to investigate the effect of mentoring on quality service delivery in Nigerian p... more The study sought to investigate the effect of mentoring on quality service delivery in Nigerian public Universities by adopting the cross-sectional survey research design involving the administration of a questionnaire on a sample of 1900 respondents. The structural equation modelling was used to estimate the specified model. The results showed that supervisory mentoring and career development mentoring significantly affect quality service delivery. Similarly, peer review mentoring and role modelling significantly positively affect quality service delivery. Our study shows that organisational culture moderates the relationship between mentoring and quality service delivery. The study recommends that the management of Universities in Nigeria should institutionalise mentoring programmes to support employee career development and encourage senior employees to take on the responsibility of role modelling so that younger employees could emulate their work attitudes and improve the quality of service delivery in the institutions. The study's result bears an important implication for public universities in Nigeria which must prioritize mentoring to foster the career growth of young faculty members and enhance quality service delivery.
ChatGPT, a language-learning model chatbot, has garnered considerable attention for its ability t... more ChatGPT, a language-learning model chatbot, has garnered considerable attention for its ability to respond to users’ questions. Using data from 14 countries and 186 institutions, we compare ChatGPT and student performance for 28,085 questions from accounting assessments and textbook test banks. As of January 2023, ChatGPT provides correct answers for 56.5 percent of questions and partially correct answers for an additional 9.4 percent of questions. When considering point values for questions, students significantly outperform ChatGPT with a 76.7 percent average on assessments compared to 47.5 percent for ChatGPT if no partial credit is awarded and 56.5 percent if partial credit is awarded. Still, ChatGPT performs better than the student average for 15.8 percent of assessments when we include partial credit. We provide evidence of how ChatGPT performs on different question types, accounting topics, class levels, open/closed assessments, and test bank questions. We also discuss implic...
International journal of business and social research, 2013
he study sought to ascertain if reducing the audit expectation gap would led to greater public co... more he study sought to ascertain if reducing the audit expectation gap would led to greater public confidence in corporate financial information. Self-administered questionnaires were used in the study. The data generated from the responses of the subjects were analyzed using descriptive and statistical analysis through the computer (Eview3.1).The result showed that the higher the audit expectation gap, the higher the negative impact on the credibility of corporate financial reports. Thus, audit expectation gap creates doubt on the reliability of financial statements. Based on the findings and conclusion, it was recommended that the scope of auditors’ responsibilities should be expanded; companies should create a forum for regular interface between management, auditors and financial statement users to enhance confidence in financial reports and strengthening the audit committee and regulatory oversight of auditors to enhance their respective performances.
One of the goals of sustainability studies is to determine the capacity of government to meet cur... more One of the goals of sustainability studies is to determine the capacity of government to meet current obligations without shifting the burden to other generations. The study seeks to ascertain whether there is a difference in budgeting for sustainable development represented by accumulation of public debt and deficit and expenditure on education, health and infrastructure representing concern for future generations during the military and democratic eras in Nigeria spanning the period 1981 to 2016. The study used the Levene’s test for equality of variance and equality of means (Independent T-test) to ascertain whether the population means of budgeting for sustainability during the military and democratic eras are significantly different statistically. The study finds that while aggregate debt accumulation during democratic rule was N372.11 billion higher than the military era, expenditure on education, health and infrastructure were similarly higher by N145.00 billion, N86.04 billio...
One of the unique features of most recognized trades and vocations including the highly regulated... more One of the unique features of most recognized trades and vocations including the highly regulated accounting profession is the existence of code of ethics which are the hallmarks of global best practices. The society evaluates the performance of professionals on the basis of both moral and technical codes. Adherence to these codes by the practitioners of the profession inspires confidence in the work of the professional by shareholders who depends on the auditor's opinion as a means of evaluating the integrity of financial statements. The huge and embarrassing corporate failures and high profile frauds in the last two decades has called to question the integrity of the accounting profession both within and from outside the profession, leading to increased demands for ethics within the auditing profession. This study highlights the consequences of unethical practices and proposes some possible solutions to the question of ethics in the accounting profession.
There has been a dramatic increase in financial crime across the globe especially in developing e... more There has been a dramatic increase in financial crime across the globe especially in developing economies. In Nigeria, the print and electronic media is replete with news of the charges brought against suspected persons accused of financial crime and charged to court by the anti-graft agencies being dismissed for lack of credible and sufficient evidence. The paper highlights how forensic accounting can be employed to resolve that challenge. Forensic accounting assignment is more comprehensive in nature than financial audit. Unlike financial audit which aims mainly at uncovering material deviation in financial data and significant variances from acceptable accounting and auditing standards, forensic audit looks beyond the transactions and audit trail to focus on substances of the transaction instead. It was recommended that the relevant anti-graft agencies should consider engaging the services of forensic accountant to enhance conviction of fraud culprits.
The study sought to ascertain the role of the auditing profession in narrowing the audit expectat... more The study sought to ascertain the role of the auditing profession in narrowing the audit expectation gap. Selfadministered questionnaires were used in the study. The data generated from the responses of the subjects were analyzed using descriptive and statistical analysis through the computer (SPSS 16.0).
There have been several cases of abuse of political power bordering on corruption charges levied ... more There have been several cases of abuse of political power bordering on corruption charges levied againstpolitical office holders, companies, individuals operating in the private sector and several public officers inNigeria. Overtime, public sector auditors have undertaken the audits of government Ministries, Department andAgencies’ (MDAs) accounting procedures and financial statements by reviewing the legality of transactionsmade by the audited body to ascertain the efficiency and effectiveness of government programmes. How thenshould the public sector auditor carryout his duties in such a manner that enables him to detect opportunities forcorruption as he may not be in position to quantify or report it? This paper seeks to identify the role of theAuditor General who heads the Supreme Audit Institution in Nigeria and the public sector auditor in fightingcorruption and it concludes on the premise that effective corruption control requires the commitment andinvolvement of all citizens...
This study examines the challenges and prospects of using the balanced scorecard as a performance... more This study examines the challenges and prospects of using the balanced scorecard as a performance measurement technique. The paper reviewed existing literature relating to the use of balanced scorecard for performance measurement and observed that though these studies agrees that the model has gained wide acceptance among firms as it is capable of helping to overcome the deficiencies of the traditional accounting-based performance measures which includes arbitrariness of earnings as a component of accounting measures , easy manipulation, accounting profits exclude investment, earnings ignore the time value of money and, profits lead to short term focus, it however, has some inherent limitations or weaknesses. Some of these weaknesses are: the assumption of cause-and–effect relationship; using the model for multiple purposes promote multiple objectives; subjectivity in assigning weight to the measures and the inherent flaws associated with the four perspectives — absence of a clear link between the measures. The paper advocates that as some banks in Nigeria have adopted the model, the management of such banks should be conscious of its limitation and consider adaptation of the model to take into cognizance the impact of competition, technology and other peculiar environmental factors which tends to define the Nigerian business landscape.
Journal of higher education theory and practice, Jan 29, 2024
The study sought to investigate the effect of mentoring on quality service delivery in Nigerian p... more The study sought to investigate the effect of mentoring on quality service delivery in Nigerian public Universities by adopting the cross-sectional survey research design involving the administration of a questionnaire on a sample of 1900 respondents. The structural equation modelling was used to estimate the specified model. The results showed that supervisory mentoring and career development mentoring significantly affect quality service delivery. Similarly, peer review mentoring and role modelling significantly positively affect quality service delivery. Our study shows that organisational culture moderates the relationship between mentoring and quality service delivery. The study recommends that the management of Universities in Nigeria should institutionalise mentoring programmes to support employee career development and encourage senior employees to take on the responsibility of role modelling so that younger employees could emulate their work attitudes and improve the quality of service delivery in the institutions. The study's result bears an important implication for public universities in Nigeria which must prioritize mentoring to foster the career growth of young faculty members and enhance quality service delivery.
ChatGPT, a language-learning model chatbot, has garnered considerable attention for its ability t... more ChatGPT, a language-learning model chatbot, has garnered considerable attention for its ability to respond to users’ questions. Using data from 14 countries and 186 institutions, we compare ChatGPT and student performance for 28,085 questions from accounting assessments and textbook test banks. As of January 2023, ChatGPT provides correct answers for 56.5 percent of questions and partially correct answers for an additional 9.4 percent of questions. When considering point values for questions, students significantly outperform ChatGPT with a 76.7 percent average on assessments compared to 47.5 percent for ChatGPT if no partial credit is awarded and 56.5 percent if partial credit is awarded. Still, ChatGPT performs better than the student average for 15.8 percent of assessments when we include partial credit. We provide evidence of how ChatGPT performs on different question types, accounting topics, class levels, open/closed assessments, and test bank questions. We also discuss implic...
International journal of business and social research, 2013
he study sought to ascertain if reducing the audit expectation gap would led to greater public co... more he study sought to ascertain if reducing the audit expectation gap would led to greater public confidence in corporate financial information. Self-administered questionnaires were used in the study. The data generated from the responses of the subjects were analyzed using descriptive and statistical analysis through the computer (Eview3.1).The result showed that the higher the audit expectation gap, the higher the negative impact on the credibility of corporate financial reports. Thus, audit expectation gap creates doubt on the reliability of financial statements. Based on the findings and conclusion, it was recommended that the scope of auditors’ responsibilities should be expanded; companies should create a forum for regular interface between management, auditors and financial statement users to enhance confidence in financial reports and strengthening the audit committee and regulatory oversight of auditors to enhance their respective performances.
One of the goals of sustainability studies is to determine the capacity of government to meet cur... more One of the goals of sustainability studies is to determine the capacity of government to meet current obligations without shifting the burden to other generations. The study seeks to ascertain whether there is a difference in budgeting for sustainable development represented by accumulation of public debt and deficit and expenditure on education, health and infrastructure representing concern for future generations during the military and democratic eras in Nigeria spanning the period 1981 to 2016. The study used the Levene’s test for equality of variance and equality of means (Independent T-test) to ascertain whether the population means of budgeting for sustainability during the military and democratic eras are significantly different statistically. The study finds that while aggregate debt accumulation during democratic rule was N372.11 billion higher than the military era, expenditure on education, health and infrastructure were similarly higher by N145.00 billion, N86.04 billio...
One of the unique features of most recognized trades and vocations including the highly regulated... more One of the unique features of most recognized trades and vocations including the highly regulated accounting profession is the existence of code of ethics which are the hallmarks of global best practices. The society evaluates the performance of professionals on the basis of both moral and technical codes. Adherence to these codes by the practitioners of the profession inspires confidence in the work of the professional by shareholders who depends on the auditor's opinion as a means of evaluating the integrity of financial statements. The huge and embarrassing corporate failures and high profile frauds in the last two decades has called to question the integrity of the accounting profession both within and from outside the profession, leading to increased demands for ethics within the auditing profession. This study highlights the consequences of unethical practices and proposes some possible solutions to the question of ethics in the accounting profession.
There has been a dramatic increase in financial crime across the globe especially in developing e... more There has been a dramatic increase in financial crime across the globe especially in developing economies. In Nigeria, the print and electronic media is replete with news of the charges brought against suspected persons accused of financial crime and charged to court by the anti-graft agencies being dismissed for lack of credible and sufficient evidence. The paper highlights how forensic accounting can be employed to resolve that challenge. Forensic accounting assignment is more comprehensive in nature than financial audit. Unlike financial audit which aims mainly at uncovering material deviation in financial data and significant variances from acceptable accounting and auditing standards, forensic audit looks beyond the transactions and audit trail to focus on substances of the transaction instead. It was recommended that the relevant anti-graft agencies should consider engaging the services of forensic accountant to enhance conviction of fraud culprits.
The study sought to ascertain the role of the auditing profession in narrowing the audit expectat... more The study sought to ascertain the role of the auditing profession in narrowing the audit expectation gap. Selfadministered questionnaires were used in the study. The data generated from the responses of the subjects were analyzed using descriptive and statistical analysis through the computer (SPSS 16.0).
There have been several cases of abuse of political power bordering on corruption charges levied ... more There have been several cases of abuse of political power bordering on corruption charges levied againstpolitical office holders, companies, individuals operating in the private sector and several public officers inNigeria. Overtime, public sector auditors have undertaken the audits of government Ministries, Department andAgencies’ (MDAs) accounting procedures and financial statements by reviewing the legality of transactionsmade by the audited body to ascertain the efficiency and effectiveness of government programmes. How thenshould the public sector auditor carryout his duties in such a manner that enables him to detect opportunities forcorruption as he may not be in position to quantify or report it? This paper seeks to identify the role of theAuditor General who heads the Supreme Audit Institution in Nigeria and the public sector auditor in fightingcorruption and it concludes on the premise that effective corruption control requires the commitment andinvolvement of all citizens...
This study examines the challenges and prospects of using the balanced scorecard as a performance... more This study examines the challenges and prospects of using the balanced scorecard as a performance measurement technique. The paper reviewed existing literature relating to the use of balanced scorecard for performance measurement and observed that though these studies agrees that the model has gained wide acceptance among firms as it is capable of helping to overcome the deficiencies of the traditional accounting-based performance measures which includes arbitrariness of earnings as a component of accounting measures , easy manipulation, accounting profits exclude investment, earnings ignore the time value of money and, profits lead to short term focus, it however, has some inherent limitations or weaknesses. Some of these weaknesses are: the assumption of cause-and–effect relationship; using the model for multiple purposes promote multiple objectives; subjectivity in assigning weight to the measures and the inherent flaws associated with the four perspectives — absence of a clear link between the measures. The paper advocates that as some banks in Nigeria have adopted the model, the management of such banks should be conscious of its limitation and consider adaptation of the model to take into cognizance the impact of competition, technology and other peculiar environmental factors which tends to define the Nigerian business landscape.
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Papers by JOHN OTALOR
The paper reviewed existing literature relating to the use of balanced scorecard for performance measurement and observed that though these studies agrees that the model has gained wide acceptance among firms as it is capable of helping to overcome the deficiencies of the traditional accounting-based performance measures which includes arbitrariness of earnings as a component of accounting measures , easy manipulation, accounting profits exclude investment, earnings ignore the time value of money and, profits lead to short term focus, it however, has some inherent limitations or weaknesses. Some of these weaknesses are: the assumption of cause-and–effect relationship; using the model for multiple purposes promote multiple objectives; subjectivity in assigning weight to the measures and the inherent flaws associated with the four perspectives — absence of a clear link between the measures.
The paper advocates that as some banks in Nigeria have adopted the model, the management of such banks should be conscious of its limitation and consider adaptation of the model to take into cognizance the impact of competition, technology and other peculiar environmental factors which tends to define the Nigerian business landscape.
The paper reviewed existing literature relating to the use of balanced scorecard for performance measurement and observed that though these studies agrees that the model has gained wide acceptance among firms as it is capable of helping to overcome the deficiencies of the traditional accounting-based performance measures which includes arbitrariness of earnings as a component of accounting measures , easy manipulation, accounting profits exclude investment, earnings ignore the time value of money and, profits lead to short term focus, it however, has some inherent limitations or weaknesses. Some of these weaknesses are: the assumption of cause-and–effect relationship; using the model for multiple purposes promote multiple objectives; subjectivity in assigning weight to the measures and the inherent flaws associated with the four perspectives — absence of a clear link between the measures.
The paper advocates that as some banks in Nigeria have adopted the model, the management of such banks should be conscious of its limitation and consider adaptation of the model to take into cognizance the impact of competition, technology and other peculiar environmental factors which tends to define the Nigerian business landscape.