EFFECT OF THE SYNERGY BETWEEN FORMAL AND INFORMAL EDUCATION IN FINANCIAL ACCOUNTING INSTRUCTIONAL DESIGN IN PORTHARCOURT METROPOLIS SECONDARY SCHOOLS

Abstract

This study investigated the effect of Cognitive Apprenticeship instruction (CAI) in the teaching of Financial Accounting in secondary schools in Port Harcourt metropolis. The study used Quasi-experimental design. The population of the study consisted of all Financial Accounting students in the twenty one (21) government secondary schools in Port Harcourt. A sample of 80 students was used for the study. Instruments used for the study were Trading, Profit and Loss Accounting Achievement Test (TPLAAT) and Trading, Profit and Loss Accounting Interest inventory (TPLAII). The instruments were validated by two experts in measurement and evaluation and two stakeholders in financial accounting. The reliability coefficient of 0.76 and 0.78 was obtained respectively using Kuder Richardson 20 formula. Research questions were answered using mean and standard deviation while hypotheses were tested using Analysis of Covariance (ANCOVA) at .05 level of significance. The study revealed that students taught trading, profit and loss account with CAI improved in their academic performanceas well as their interest significantly.It was recommended amongst others that Financial Accounting teachers should adopt the CAI for effective teaching of Financial Accounting in secondary schools.