IDEAS home Printed from https://ideas.repec.org/a/aii/ijcmss/v11y2020i2p14-23.html
   My bibliography  Save this article

Suitability of accounting education to current market

Author

Listed:
  • R K Tailor

    (Associate Professor, Department of Business Administration, School of Business and Commerce, Faculty of Management and Commerce, Manipal University, Jaipur, India.)

  • Ashoka M L

    (Professor, DoS in Commerce, University of Mysore, Mysuru, India.)

  • Parameshwara

    (Assistant Professor, DoS in Commerce, Mangalore University, Mangalore, India.)

  • Abhishek N

    (UGC-Senior Research Fellow, DoS in Commerce, University of Mysore, Mysuru, India.)

Abstract

Purpose: This study evaluates the perception of academicians teaching accounting in the universities of Karnataka state, India in the context of the suitability of accounting education for current market demand. It also assesses the level of suitability of accounting education to the current market need prevailing in the universities of Karnataka state. Methodology: This empirical-conceptual study was conducted based on both primary and secondary data. To analyse the data, accounting education quality index was developed. One-sample t-statistics was used for statistical analysis. Findings: Our results showed that average suitability of accounting education prevailing in the universities of Karnataka state to current market need was 43 percent. Further universities and academicians are needed to upgrade the accounting education system so as to support the graduates to employable in the market. Implications:The outcome of the results of this research will become an input to universities to take necessary steps for inclusion of Artificial Intelligence applications, Extensible Business Reporting Language, and Global Reporting Initiatives aspects in their curriculum. Inclusion of these aspects in accounting curriculum helps the graduates employable in the field of accounting and auditing of business and financial information. Originality: This research will add the value to the existing literature in the field of accounting education. Meanwhile, it stresses the need for advancing accounting education in Indian context. JEL Code: M40, M41, M42, M48

Suggested Citation

  • R K Tailor & Ashoka M L & Parameshwara & Abhishek N, 2020. "Suitability of accounting education to current market," Indian Journal of Commerce and Management Studies, Educational Research Multimedia & Publications,India, vol. 11(2), pages 14-23, May.
    • Handle: RePEc:aii:ijcmss:v:11:y:2020:i:2:p:14-23
    DOI: 10.18843/ijcms/v11i2/02
    as

    Download full text from publisher

    File URL: http://scholarshub.net/index.php/ijcms/article/view/516/500
    Download Restriction: no
    File URL: http://scholarshub.net/index.php/ijcms/article/view/516
    Download Restriction: no
    File URL: https://libkey.io/10.18843/ijcms/v11i2/02?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. repec:eme:arapps:v:24:y:2016:i:3:p:254-273 is not listed on IDEAS
    2. Bob Gammie & Elizabeth Gammie & Erica Cargill, 2002. "Personal skills development in the accounting curriculum," Accounting Education, Taylor & Francis Journals, vol. 11(1), pages 63-78.
    3. Priyanka Aggarwal, 2013. "Sustainability Reporting and its Impact on Corporate Financial Performance: A Literature Review," Indian Journal of Commerce and Management Studies, Educational Research Multimedia & Publications,India, vol. 4(3), pages 51-59, September.
    4. Howieson, Bryan, 2003. "Accounting practice in the new millennium: is accounting education ready to meet the challenge?," The British Accounting Review, Elsevier, vol. 35(2), pages 69-103.
    5. Lee D. Parker, 2007. "Professionalisation and UK Accounting Education: Academic and Professional Complicity - A Commentary on 'Professionalizing Claims and the State of UK Professional Accounting Education: Some Evidence'," Accounting Education, Taylor & Francis Journals, vol. 16(1), pages 43-46.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Nicole Jonker & Anneke Kosse, 2020. "The interplay of financial education, financial literacy, financial inclusion and financial, stability: Any lessons for the current Big Tech era?," Working Papers 692, DNB.
    2. Hartman, Dana T. & Goodman, Gail S. & Grandchamp, Jaxon & Vidales, Daisy & Shaver, Phillip R. & Lawler, Michael J. & Hobbs, Sue D., 2023. "Outcomes for foster youth placed at a special residential high school: A quantitative case study," Children and Youth Services Review, Elsevier, vol. 151(C).
    3. Mammadova, Nigar & Aypay, Ahmet, 2023. "Syrian refugee students’ sense of school belonging and educational aspirations," International Journal of Educational Development, Elsevier, vol. 102(C).
    4. Cecília Carmo & Cristiana Ribeiro, 2022. "Mandatory Non-Financial Information Disclosure under European Directive 95/2014/EU: Evidence from Portuguese Listed Companies," Sustainability, MDPI, vol. 14(8), pages 1-23, April.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Albu Nadia & Albu Catalin & Garbina Madalina, 2012. "IMPROVING CORPORATE GOVERNANCE IN EMERGING ECONOMIES -AN ANALYSIS OF THE IMPLICATIONS ON THE ACCOUNTANTSâ€(tm) ROLES AND COMPETENCIES," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 846-852, July.
    2. Paisey, Catriona & Paisey, Nicholas J., 2010. "Developing skills via work placements in accounting: Student and employer views," Accounting forum, Elsevier, vol. 34(2), pages 89-108.
    3. Athanasios MANDILAS & Dimitrios KOURTIDIS & Giannoula FLOROU & Stavros VALSAMIDIS, 2016. "Accounting Education And Research In Relation To Business Needs," Scientific Bulletin - Economic Sciences, University of Pitesti, vol. 15(3), pages 3-12.
    4. Pan, Peipei & Perera, Hector, 2012. "Market relevance of university accounting programs: Evidence from Australia," Accounting forum, Elsevier, vol. 36(2), pages 91-108.
    5. Satoshi Sugahara & Roanne Coman, 2010. "Perceived Importance of CPA’s Generic Skills: A Japanese Study," Asian Journal of Finance & Accounting, Macrothink Institute, vol. 2(1), pages 124-124, December.
    6. Lin Mei Tan & Fawzi Laswad, 2018. "Professional skills required of accountants: what do job advertisements tell us?," Accounting Education, Taylor & Francis Journals, vol. 27(4), pages 403-432, July.
    7. katia Corsi & Daniela Mancini, 2015. "Regulatory compliance of financial control systems and its implications for accountants. Some evidence from Italian experience," MANAGEMENT CONTROL, FrancoAngeli Editore, vol. 2015(3), pages 65-91.
    8. Atanasko Atanasovski & Marina Trpeska & Zorica Bozinovska Lazarevska, 2018. "Accounting Students' and Employers' Perceptions on Employability Skills in the SEE Country," European Financial and Accounting Journal, Prague University of Economics and Business, vol. 2018(3), pages 55-71.
    9. Paul De Lange & Beverley Jackling & Anne‐Marie Gut, 2006. "Accounting graduates’ perceptions of skills emphasis in undergraduate courses: an investigation from two Victorian universities," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 46(3), pages 365-386, September.
    10. Celik, Orhan & Ecer, Alaattin, 2009. "Efficiency in accounting education: evidence from Turkish Universities," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 20(5), pages 614-634.
    11. Bernadette Smith & William Maguire & Helen Haijuan Han, 2018. "Generic skills in accounting: perspectives of Chinese postgraduate students," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 58(2), pages 535-559, June.
    12. Christopher Humphrey, 2005. "'In the aftermath of crisis: Reflections on the principles, values and significance of academic inquiry in accounting': Introduction," European Accounting Review, Taylor & Francis Journals, vol. 14(2), pages 341-351.
    13. Phil Hancock & Bryan Howieson & Marie Kavanagh & Jenny Kent & Irene Tempone & Naomi Segal & Mark Freeman, 2009. "The Roles of Some Key Stakeholders in the Future of Accounting Education in Australia," Australian Accounting Review, CPA Australia, vol. 19(3), pages 249-260, September.
    14. repec:eme:arapps:v:18:y:2010:i:1:p:30-49 is not listed on IDEAS
    15. Moll, Jodie & Yigitbasioglu, Ogan, 2019. "The role of internet-related technologies in shaping the work of accountants: New directions for accounting research," The British Accounting Review, Elsevier, vol. 51(6).
    16. Lee D. Parker, 2007. "Professionalisation and UK Accounting Education: Academic and Professional Complicity - A Commentary on 'Professionalizing Claims and the State of UK Professional Accounting Education: Some Evidence'," Accounting Education, Taylor & Francis Journals, vol. 16(1), pages 43-46.
    17. Gammie, Elizabeth & Kirkham, Linda, 2008. "Breaking the link with a university education in the creation of a chartered accountant: The ICAS story," The British Accounting Review, Elsevier, vol. 40(4), pages 356-375.
    18. Mouhcine Tallaki & Enrico Bracci & Monia Castellini, 2015. "Accounting learning preferences: the role of visualisation," Working Papers 2015094, University of Ferrara, Department of Economics.
    19. Peggy Coady & Seán Byrne & John Casey, 2018. "Positioning of emotional intelligence skills within the overall skillset of practice-based accountants: employer and graduate requirements," Accounting Education, Taylor & Francis Journals, vol. 27(1), pages 94-120, January.
    20. Richard Slack & Jan Loughran & Kirsty Abrahams, 2014. "Corporate Associate Partnerships: Practitioners' Involvement in the Delivery of an Auditing Course Based on a Case-Study: A Teaching Resource," Accounting Education, Taylor & Francis Journals, vol. 23(3), pages 262-276, June.
    21. Monica Singhania & Neha Saini, 2022. "Quantification of ESG Regulations: A Cross-Country Benchmarking Analysis," Vision, , vol. 26(2), pages 163-171, June.

    More about this item

    Keywords

    Accounting education; quality of accounting education; trends in accounting environment.;
    All these keywords.

    JEL classification:

    • M40 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - General
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting
    • M42 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Auditing
    • M48 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Government Policy and Regulation

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aii:ijcmss:v:11:y:2020:i:2:p:14-23. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mr. Asif Anjum (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.