Evidence on Factors Associated with Success in Intermediate Accounting I

Abstract

The purpose of this paper is to evaluate the effect of various student characteristics on their success in the first intermediate accounting course. A large number of variables developed, in part, from numerous studies over the past 25 years are examined. The variables are examined separately and in combination, using the following framework: ability-related factors, preparationrelated factors, motivation/dedication-related factors, time-related factors, and innate personal/demographic characteristics. After Pretest, demographic data, and final grade are collected, statistical tests (ttests, ANOVA, regression-single and multiple) are performed to examine relationships. Gradual model development using OLS regression allows replication and updating of prior studies and development of a more complete, yet concise, model of success in intermediate accounting. The study finds that of the eight variables identified as potential indicators of success in intermediate accounting I, only three are significant. The final model includes the following three variables significant at a probability level less than .05: college grade point average, grade in the first accounting principles course, and age.