Accounting Majors Perceptions Of Future Career Skills: An Exploratory Analysis

Parham, Abbie Gail; Noland, Thomas G.; Kelly, Julia

doi:10.19030/ajbe.v5i1.6701

Cited by 12 publications

(9 citation statements)

References 1 publication

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“…There is highlighted the need of all employees (including accountants) for development of critical thinking and problem solving, high level of adaptability, flexibility and interpersonal interaction; it is required to learn continuously (David, 2015;Marcello et al, 2017). For successful career of future accountants are important many skills and those are motivation, good written and oral communication, capability of decision making, financial analysing and professional judgement (Parham et al, 2012). Change in education is crucial and the education system should change by focusing on critical and system thinking with the aim to develop creativity skills of students.…”

Section: Big Datamentioning

confidence: 99%

Digitalization and the Challenges for the Accounting Profession

2019

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. AbstractAccounting profession is traditional profession and accounting rules and principles have been established and are the same for many years. However, globalization of business, stronger regulations and numerous technological solutions and innovations are not bypassing the accounting profession either. Challenges for the accounting profession are reflected in the need for rapid adaptation and transformation of business practice and business processes without abandoning away from basic accounting rules and principles. The aim of this paper is to analyze and systematize the key challenges that digitalization brings for the accounting profession. Research is based on the review of relevant and available professional and academic literature. The results are showing that accounting profession is faced with numerous challenges in the era of digitalization. Key challenges could be systematized in following: the use of big data in accounting and reporting, cloud computing and continuous accounting, artificial intelligence and blockchain technology. The conclusion of this research is that changes in technology and digitalization will have a significant impact on the accounting profession in the coming period. Changes are moving toward reporting on a daily basis, difference on the way of preparing business and strategic plans, implementation of digital wallet and on-line accounting as well as outsourcing of accounting in distant countries. Education system is going to change in circumstances of growing digitalization of business. Also, users of accounting information in digital era are changing; they want accounting information right away when a business event occurs, not with time lag. Those changes will influence on the way accountants carry out their job, it will be necessary the knowledge of new skills especially in engineering, and, finally, that will lead to new types of the accounting professionals.

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Section: Big Datamentioning

confidence: 99%

Digitalization and the Challenges for the Accounting Profession

2019

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“…In research done by Kavanagh and Drennan, (2008), accounting students indicated the most important skills in future were continuous learning, problem solving, decision making, oral communication, self-motivated, critical thinking, professional attitude, teamwork, written communication and computer literacy. In Parham, Noland and Kelly (2012), the top nine skills perceived important by accounting students were profesional demeanor, written communication, motivation, decision making, oral communication, interpersonal skills, analytical thinking, leadership and teamwork. Table 4 shows the Cronbach's alpha for teamwork skills to test the quality of the measurement.…”

Section: Leadership --Providing Direction For the Teammentioning

confidence: 99%

How Accounting Students Perceived Towards Teamwork Skills

Ilias¹,

Yunus²,

Razak³

2012

JEVR

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This study mainly research on soft skills pertaining Teamwork Skills. The main objective of this paper is to examine the relationship among all six dimensions of teamwork skills (coordination, decision making, leadership, interpersonal skills, adaptability and communication). Furthermore, the study is to investigate the different of perception toward teamwork skills (coordination, decision making, leadership, interpersonal skills, adaptability and communication) among final year accounting students. The study also shows main top important skills which are accounting knowledge, professionalism, oral communication, problem solving, time management, auditing, ability to memorize, work well with others, written communication, leadership ability, computers, economic, and the last is business law. In addition, the study shows the inter-correlation between six dimensions ranged from 0.836 to 0.943. The results also show a significant difference between female and male for leadership and adaptability. Finally, the findings are discussed to recommend in improving education curricular in university and educations institutional.

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“…Information technology is identified as one of the most important skills that accounting graduates should have (Aleqab et al, 2015;Amirul et al, 2017;Laing & Perrin, 2012;Senik & Broad, 2011;Tan & Ferreira, 2012). Teamwork is found to be important from the perspective of employers (Crawford et al, 2011;Parham et al, 2012;Reyad et al, 2019;Riebe et al, 2017;Watty et al, 2013). Literature also discussed other skills such as written communication, problem-solving, language skills, and negotiation skills (Arquero Montaño et al, 2001;Chaffer & Webb, 2017;Howcroft, 2017;Jackson & Chapman, 2012;Latif et.al., 2019;Low et al, 2016;Mandilas et al, 2014;Marzo-Navarro et al, 2009;Sithole, 2015;Zureigat, 2015) and found such skills, in varying degrees, important for accounting graduates and should be included in the accounting curriculum.…”

Section: Literature Reviewmentioning

confidence: 99%

Accounting Curricula in Universities and Market Needs: The Jordanian Case

Maali

Al-Attar

2020

Sage Open

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The objectives of this study are to examine whether the current accounting curricula of Jordanian universities fit the Jordanian market demand, in addition to determining the skills and competences that Jordanian businesses require from accounting graduates. To achieve these objectives, an analysis of current accounting curricula of Jordanian universities took place, interviews with professionals and academics were conducted, and a questionnaire survey was administrated to a large sample of academics and professionals. The study found the presence of a significant gap between the courses covered in the accounting curricula of Jordanian universities and the skills acquired by the students versus the market’s requirements and needs. This is mainly due to the fact that the accounting curricula of Jordanian universities are structured based on specific requirements set by the Accreditation and Quality Assurance Commission for Higher Education Institutions (AQACHEI), leaving no freedom for universities to develop curriculums that meet the market’s need. It is also argued that that current exam-based assessment methodology adopted by Jordanian universities largely contributes to expanding the gap. The study recommends giving Jordanian universities more freedom in setting the curriculum for accounting programs, and that they should start revising their accounting curriculums to take into account current market needs.

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Accounting Majors Perceptions Of Future Career Skills: An Exploratory Analysis

Abstract: Business education is often criticized for its

Cited by 12 publications

References 1 publication

Digitalization and the Challenges for the Accounting Profession

Digitalization and the Challenges for the Accounting Profession

How Accounting Students Perceived Towards Teamwork Skills

Accounting Curricula in Universities and Market Needs: The Jordanian Case

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