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Key Strategies for Enhancing Professional Accounting Value through Effective Talent Development

Author

Listed:
  • Cheng-Wen Lee
  • Yao-Jen Su
  • Yi Tang Hu

Abstract

This study aims to incorporate accounting practice values into the training of legal accounting professionals through several proposed methods: emphasizing theoretical guidance, innovating teaching methodologies, fostering interdisciplinary integration, and conducting thorough teaching research. By integrating these values, a robust legal accounting practice evaluation system can be established, optimizing the training pathways for legal accounting talents and enhancing their professional skills and practical value. This approach will ultimately cultivate high-quality legal accounting professionals. The study employs the Decision-Making Trial and Evaluation Laboratory (DEMATEL) analysis method combined with the Analytic Hierarchy Process (AHP) to calculate weights. This combination is used to analyze the interactions between selection criteria and standards, simulating the most appropriate decision-making processes for the formation of accounting professional values and the successful training of professionals in legal accounting. Additionally, the study posits that concurrently studying the rule of law and accounting is akin to drawing a square with one hand and a circle with the other. This dual focus can significantly contribute to the profession's amalgamation of legal principles and accounting practices, enhancing the industry's resilience and relevance in society. Â JEL classification numbers: D24, E58, G24.

Suggested Citation

  • Cheng-Wen Lee & Yao-Jen Su & Yi Tang Hu, 2024. "Key Strategies for Enhancing Professional Accounting Value through Effective Talent Development," Journal of Applied Finance & Banking, SCIENPRESS Ltd, vol. 14(5), pages 1-2.
    • Handle: RePEc:spt:apfiba:v:14:y:2024:i:5:f:14_5_2
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    References listed on IDEAS

    as
    1. Cheng-Wen Lee & Yi Tang Hu, 2021. "The Analysis of COVID-19 Prevention Experience Using DEMATEL-Based ANP," Journal of Applied Finance & Banking, SCIENPRESS Ltd, vol. 11(2), pages 1-3.
    2. Mohammad, Shoeb & Husted, Bryan, 2023. "Skilled workforces and Law-abiding organizational climates in emerging markets," Journal of Business Research, Elsevier, vol. 158(C).
    3. Shiva Rajgopal, 2021. "Integrating Practice into Accounting Research," Management Science, INFORMS, vol. 67(9), pages 5430-5454, September.
    4. Vangelis Tsiligiris & Dorothea Bowyer, 2021. "Exploring the impact of 4IR on skills and personal qualities for future accountants: a proposed conceptual framework for university accounting education," Accounting Education, Taylor & Francis Journals, vol. 30(6), pages 621-649, November.
    5. David F. Perri & Megan V. Teague, 2022. "Teaching business ethics: Plato was right," Cogent Business & Management, Taylor & Francis Journals, vol. 9(1), pages 2147124-214, December.
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    More about this item

    Keywords

    Professional Accounting Values; Legal Accounting; Accounting Practice; Talent Training.;
    All these keywords.

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • G24 - Financial Economics - - Financial Institutions and Services - - - Investment Banking; Venture Capital; Brokerage

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