Religiosity And Moral Competence: A Study Of Malaysia's Accounting Students

Year 2017, Volume: 2 Issue: 1, 1 - 15, 01.01.2017

Umaru Mustapha Zubairu Chetubo Kuta Dauda Isah Imam Paiko Olalekan Busra Sakariyau

https://doi.org/10.24331/ijere.309967

Abstract

In the earliest part of the twenty-first century, the world was rocked by several financial scandals; from Enron to WorldCom; Tyco to Parmalat; Arthur Andersen to Shell, and more recently, the global financial crisis; these scandals directed the world’s attention towards the seemingly ever-growing moral malaise amongst accountants and business people. In order to address this alarming increase in unethical and immoral behaviours among accountants and business people in Malaysia, the government mandated the teaching of Islamic and Moral studies at all levels of education. The underlying assumption was that an increased level of religiosity would translate into higher levels of moral competency. This paper sought to assess the effectiveness of Malaysia's educational policy of mandatory Islamic studies in developing the moral competencies of the country's future Muslim accountants. This was achieved by determining whether a positive relationship existed between the religiosity and moral competencies of Muslim accounting students enrolled at the International Islamic University Malaysia (IIUM). The results revealed that although a small and positive correlation existed between the students' religiosity and moral competencies, a knowledge gap existed preventing them from being able to fully apply Islamic principles in an accounting context

Keywords

Religiosity, Moral competence, Accounting students, Islamic university