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Challenges Faced by ABM Students in Catching Up with Accounting Subjects

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Challenges Faced by ABM Students in Catching Up with Accounting Subjects

The field of business and marketing has become increasingly complex with a growing

emphasis on financial literacy and accounting skills. For students enrolled in the

Accountancy Business and Management (ABM) track the mastery of accounting subjects is a

crucial component of their academic and professional development. However many ABM

students often face significant challenges in keeping up with their accounting coursework

which can have far-reaching implications for their overall academic performance and future

career prospects.

One of the primary obstacles faced by ABM students in accounting subjects is the

inherent complexity of the material. Accounting involves a unique set of principles concepts

and methodologies that can be challenging to grasp especially for those who may not have a

natural affinity for numbers or mathematical reasoning (Adu-Gyamfi & Boateng 2018). The

need to understand and apply a wide range of accounting techniques from financial reporting

and analysis to cost accounting and budgeting can be overwhelming for some students

leading to difficulties in keeping up with the pace of instruction and successfully completing

assignments and examinations.

Furthermore the abstract nature of many accounting concepts can make it challenging

for ABM students to connect the theoretical knowledge with practical applications

(Schroeder et al. 2019). The lack of a clear tangible link between the coursework and real-

world business scenarios can hinder the students' ability to fully comprehend and retain the

material ultimately impacting their performance in the subject.

Another significant challenge faced by ABM students in accounting subjects is the

need to develop strong problem-solving and critical thinking skills. Accounting often requires

the ability to analyze complex financial information identify issues and devise appropriate
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solutions (Agyemang & Unerman 2018). For some students this level of analytical thinking

may not come naturally leading to difficulties in applying the concepts learned in the

classroom to practical problem-solving scenarios.

Additionally the fast-paced nature of many accounting courses coupled with the

heavy workload and tight deadlines can contribute to the challenges faced by ABM students.

The need to juggle multiple subjects extracurricular activities and personal responsibilities

can make it challenging for students to devote the necessary time and attention to their

accounting coursework leading to a sense of being overwhelmed and falling behind (Nortey

et al. 2016).

To address these challenges ABM students may benefit from a range of support

strategies such as seeking out tutoring or mentorship opportunities engaging in study groups

and actively participating in class discussions. Additionally educators can play a crucial role

in fostering a learning environment that is conducive to the unique needs of ABM students by

incorporating more hands-on learning activities real-world case studies and opportunities for

practical application of accounting concepts (Schroeder et al. 2019).

In conclusion the challenges faced by ABM students in catching up with their

accounting subjects are multifaceted and complex. By addressing these issues through a

combination of student support pedagogical approaches and institutional initiatives educators

and institutions can help to ensure that ABM students are equipped with the necessary skills

and knowledge to succeed in their academic and professional pursuits.


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References

Adu-Gyamfi, K., & Boateng, P. A. (2018). Accounting education in Ghana: The challenges

and implications for development. International Journal of Accounting and Financial

Reporting, 8(2), 21-35.

Agyemang, G., & Unerman, J. (2018). Accounting for social impact in not-for-profit

organizations. Accounting, Auditing & Accountability Journal, 31(1), 112-134.

Nortey, S., Amankwaa, A., Agyei, A., & Ofori-Boateng, K. (2016). Challenges facing

students in the study of accounting in Ghana. International Journal of Academic

Research in Accounting, Finance and Management Sciences, 6(2), 154-161.

Schroeder, N. W., Clark, M. W., & Cathey, J. M. (2019). Financial accounting theory and

analysis: Text and cases. John Wiley & Sons.

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