A Professor of Accountancy in the Department  of Accounting , Faculty of Administration and Management, Rivers State University, Prof Lawyer Chukwumah Obara has advocated the adoption of African traditional values as a managerial tool to eradicate systemic corruption and mismanagement of public funds in governance.
According to him , the use of such African traditional methods like shrine oath-taking by public servants will deter such public officials from misappropriation of public funds while in office. He said accounting system is evolutionary science that recognises the practice of some pragmatic ideological practices such as African norms and values to fight corruption and mismanagement of funds that is predominantly noticed in both public and private governance.
Prof Obara stated this while delivering his inaugural lecture at the 106th inaugural lecture series of the state university  with the topic, “Pragmatic Ideologies and Visionary Accounting: Reinforcing the Helmet, “ held at the Senate auditorium,last Wednesday.
He noted that all the 36  States including the Federal Capital Territory in the country can convinently survive without any federal allocation if they embrace pragmatic ideological accounting systems that are visionary  accounting methods.
“Every State must adopt pragmatic approaches in their accounting system,there should be accountability and transparency, ,we must be flexible in our Constitution as constitutional rigidity is bane of the growth of the nation and we must go back to our root , traditional values and that will promote wonderful accounting system and the world will celebrate us,”he stated.
The erudite scholar noted that Accounting science helmet provides a safety umbrella to shade RAIR from shady accounting practices and can serve as both protective measure and forward looking.
Mr Vice Chancellor,in the foregoing senses, reinforcement can increase the probability that the accounting’ behaviour will occur again in similar situations.This implies that reinforcing the helmet is a powerful tool in shaping accountants behaviour, learning and development and this can lead to more effective strategies in accounting therapy and everyday interactions”,he stated.
The lecture examined  the evolution of philosophical thought in accounting, notion of pragmatic ideologies in accounting, visionary accounting paradigm , transparency , differences and similarities,the helmet metaphor : balancing protection progress.
He posisted that accounting plays vital role in the socio-economic development of nations , stressing that Accounting is the instrument for financial management , transparency, and resource allocation.
“Over the years ,the accounting system has undergone significant  transformations influenced by historical developments , regulatory reforms, and the adoption of global standards which serve as the helmet reinforcing and protecting socio_economic development.”
Reinforcement is a fundamental concept in behavioral psychology and learning theory, particularly in the context of operant conditioning. it refers to any stimulus or event that increases the likelihood of a behaviour being repeated in the future.It can be understood as a mechanism that encourages certain behaviors through rewards or consequences,”he stated.
In concluding, Prof Obara stated that Nigeria’s economic landscape demands an accounting profession that is both pragmatic and visionary .
Earlier in his speech,the Vice Chancellor of the university Prof Nlerum Sunday Okogbule represented by the Deputy Vice Chancellor, Administration, Prof Victor Akujuru the lecture said is valuable  and is capable to advancing the   growth and development of any society if adopted, even as he commended the lecturer for a thoughtful and impacted inaugural lecture.

By: Akujobi Amadi