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Does the changing world of professional work need a new approach to accounting education?

Author

Listed:
  • Ian P. Herbert
  • Andrew T. Rothwell
  • Jane L. Glover
  • Stephanie A. Lambert

Abstract

The paper raises concerns about entry-level positions within large organisations as corporate accounting tasks are re-engineered, automated and relocated. Reduced opportunities for accounting graduates to start their careers are but one factor in a confluence of challenges to accounting education; not least, that in England and Wales study debt is around £50,000 for a typical degree programme. Drawing on discussions from an education/employer stakeholder group, the enquiry finds that longstanding tensions about the optimal mix of intellectual, technical and generic skills in accounting education might be better framed within a broader process of helping students to develop a social identity relevant to their work context. A key proposal is that educators should play a pivotal role in mentoring students so that they develop their own sense of preprofessional identity and thus, become work-ready on graduation.

Suggested Citation

  • Ian P. Herbert & Andrew T. Rothwell & Jane L. Glover & Stephanie A. Lambert, 2021. "Does the changing world of professional work need a new approach to accounting education?," Accounting Education, Taylor & Francis Journals, vol. 30(2), pages 188-212, March.
  • Handle: RePEc:taf:accted:v:30:y:2021:i:2:p:188-212
    DOI: 10.1080/09639284.2020.1827446
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    Cited by:

    1. Rasa Subačienė & Ramunė Budrionytė & Jolanta Žemgulienė & Ivita Faituša, 2022. "Modern Accounting Specialist in New Economic Reality: Cases of Lithuania and Latvia," Administrative Sciences, MDPI, vol. 12(4), pages 1-18, September.
    2. Rebecca Mitchell & Yun Shen & Lan Snell, 2022. "The future of work: a systematic literature review," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 62(2), pages 2667-2686, June.
    3. Sinziana-Maria Rindasu & Ioan Dan Topor & Liliana Ionescu-Feleaga, 2023. "The Evolution of Management Accountants' Digital Skills in Industry 4.0: A Qualitative Approach," Oblik i finansi, Institute of Accounting and Finance, issue 1, pages 38-48, March.
    4. Susanne Leitner-Hanetseder & Christoph Eisl & Carina Knoll & Othmar M. Lehner, 2021. "Need For Advanced It Skills For Accountants €“ What Does Accounting Education Literature Tell Us?," Business Education and Accreditation, The Institute for Business and Finance Research, vol. 13(1), pages 57-69.
    5. Apostolou, Barbara & Dorminey, Jack W. & Hassell, John M., 2022. "Accounting education literature review (2021)," Journal of Accounting Education, Elsevier, vol. 59(C).
    6. Ștefan Bunea & Flavius-Andrei Guinea, 2023. "Stakeholders’ Perceptions of the Vocational Competences Acquired by Students Enrolled in Accounting Master’s Programmes in Romania," Sustainability, MDPI, vol. 15(9), pages 1-28, April.

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