IDEAS home Printed from https://ideas.repec.org/a/taf/accted/v8y1999i4p301-319.html
   My bibliography  Save this article

Quantitative skills: is there an expectation gap between the education and practice of management accountants?

Author

Listed:
  • Graham Francis
  • Clare Minchington

Abstract

The extent to which management accountants are receiving appropriate training in quantitative methods is examined. It finds a disparity between the wide range of quantitative techniques covered within the Chartered Institute of Management Accountants' syllabi and the limited use made of many of the techniques in practice. It also reports a rich picture of differing expectations of the role of quantitative skills in the work of a management accountant. The study finds that quantitative skills are seen by both employers and accounting educators as contributing to the portfolio of skills required by management accountants. Also, they give a rigour to the examination process that is seen as a challenging 'rite of passage' into the profession. It is concluded that knowledge and understanding of the range of quantitative techniques available to organizations is a powerful differentiator for the accounting profession, even if the occasions upon which accountants are required to draw upon much of that knowledge are few and far between.

Suggested Citation

  • Graham Francis & Clare Minchington, 1999. "Quantitative skills: is there an expectation gap between the education and practice of management accountants?," Accounting Education, Taylor & Francis Journals, vol. 8(4), pages 301-319.
    • Handle: RePEc:taf:accted:v:8:y:1999:i:4:p:301-319
    DOI: 10.1080/096392899330810
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1080/096392899330810
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/096392899330810?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
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Matthews, Derek & Anderson, Malcolm & Edwards, John Richard, 1998. "The Priesthood of Industry: The Rise of the Professional Accountant in British Management," OUP Catalogue, Oxford University Press, number 9780198289609, Decembrie.
    2. Coccari, Ronald L., 1989. "How quantitative business techniques are being used," Business Horizons, Elsevier, vol. 32(4), pages 70-74.
    3. Easton, George & Roberts, Harry V & Tiao, George C, 1988. "Making Statistics More Effective in Schools of Business," Journal of Business & Economic Statistics, American Statistical Association, vol. 6(2), pages 247-260, April.
    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. Teddy Ossei Kwakye & Emerald Edem Welbeck & Godfred Matthew Yaw Owusu & Fred Kwasi Anokye, 2018. "Determinants of intention to engage in Sustainability Accounting & Reporting (SAR): the perspective of professional accountants," International Journal of Corporate Social Responsibility, Springer, vol. 3(1), pages 1-13, December.
    2. 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.
    3. Wan Ying Hill & Margaret Milner, 2003. "Guidelines for graphical displays in financial reporting," Accounting Education, Taylor & Francis Journals, vol. 12(2), pages 135-157.
    4. Marc Bollecker, 2009. "Contrôleur de gestion : une fonction en danger ?," Post-Print halshs-00456209, HAL.
    5. 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.
    6. Giovanna Lucianelli & Francesca Citro, 2018. "Accounting Education for Professional Accountants: Evidence from Italy," International Journal of Business and Management, Canadian Center of Science and Education, vol. 13(8), pages 1-1, June.
    7. Marc Bollecker, 2007. "Les Publications Europeennes Et Americaines Sur Les Contrôleurs De Gestion : Un Essai De Synthese," Post-Print halshs-00522301, HAL.

    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. Fiona Anderson-Gough & Christopher Grey & Keith Robson, 2002. "Accounting professionals and the accounting profession: linking conduct and context," Accounting and Business Research, Taylor & Francis Journals, vol. 32(1), pages 41-56.
    2. Walker, Stephen P., 2000. "Benign sacerdotalist or pious assailant. The rise of the professional accountant in British management," Accounting, Organizations and Society, Elsevier, vol. 25(3), pages 313-323, April.
    3. Derek Matthews & Michael Peel, 2003. "Audit fee determinants and the large auditor premium in 1900," Accounting and Business Research, Taylor & Francis Journals, vol. 33(2), pages 137-155.
    4. Nicolas Berland & Trevor Boyns, 2002. "The development of budgetary control in France and Britain from the 1920s to the 1960s: a comparison," European Accounting Review, Taylor & Francis Journals, vol. 11(2), pages 329-356.
    5. Bernardo Bátiz-Lazo, 2017. "Between Novelty and Fashion: Risk Management and the Adoption of Computers in Retail Banking," Palgrave Studies in the History of Finance, in: Korinna Schönhärl (ed.), Decision Taking, Confidence and Risk Management in Banks from Early Modernity to the 20th Century, pages 189-207, Palgrave Macmillan.
    6. John Edwards & Roy Chandler & Malcolm Anderson, 1999. "The ‘public auditor’: an experiment in effective accountability," Accounting and Business Research, Taylor & Francis Journals, vol. 29(3), pages 183-197.
    7. McPhail, Ken & Paisey, Catriona & Paisey, Nicholas J., 2010. "Class, social deprivation and accounting education in Scottish schools: Implications for the reproduction of the accounting profession and practice," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 21(1), pages 31-50.
    8. SAKO Mari & KUBO Katsuyuki, 2019. "Professionals on Corporate Boards: How do they affect the bottom line?," Discussion papers 19010, Research Institute of Economy, Trade and Industry (RIETI).
    9. Marc Flandreau & Geoffroy Legentilhomme, 2022. "Cyberpunk Victoria: The credibility of computers and the first digital revolution, 1848–83," Economic History Review, Economic History Society, vol. 75(4), pages 1083-1119, November.
    10. Sian, S. & Verma, S., 2021. "Bridging the divide: The rise of the Indian Accountant from 1900 to 1932," The British Accounting Review, Elsevier, vol. 53(2).
    11. Kotb, Amr & Roberts, Clare & Sian, S., 2012. "E-business audit: Advisory jurisdiction or occupational invasion?," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 23(6), pages 468-482.
    12. Andrew Popp, 2000. "Specialty production, personal capitalism and auditors' reports: Mintons Ltd., c.1870-1900," Accounting History Review, Taylor & Francis Journals, vol. 10(3), pages 347-369.
    13. John Edwards & Stephen Walker, 2007. "Accountants in late 19th century Britain: a spatial, demographic and occupational profile," Accounting and Business Research, Taylor & Francis Journals, vol. 37(1), pages 63-89.
    14. Anderson, Malcolm & Walker, Stephen P., 2009. "‘All sorts and conditions of men’: The social origins of the founders of the ICAEW," The British Accounting Review, Elsevier, vol. 41(1), pages 31-45.
    15. Napier, Christopher J., 2006. "Accounts of change: 30 years of historical accounting research," Accounting, Organizations and Society, Elsevier, vol. 31(4-5), pages 445-507.
    16. James Foreman-Peck & Leslie Hannah, 2023. "Business Forms and Business Performance in UK Manufacturing 1871-81," CIRJE F-Series CIRJE-F-1222, CIRJE, Faculty of Economics, University of Tokyo.
    17. Ramirez, Carlos, 2009. "Constructing the governable small practitioner: The changing nature of professional bodies and the management of professional accountants' identities in the UK," Accounting, Organizations and Society, Elsevier, vol. 34(3-4), pages 381-408, April.
    18. Malcolm Anderson, 1999. "Accounting History Publications 1998," Accounting History Review, Taylor & Francis Journals, vol. 9(3), pages 375-384.
    19. John R. Edwards & Malcolm Anderson, 2011. "Writing masters and accountants in England," Accounting, Auditing & Accountability Journal, Emerald Group Publishing Limited, vol. 24(6), pages 685-717, August.
    20. Stephen Walker, 2004. "Conflict, collaboration, fuzzy jurisdictions and partial settlements. Accountants, lawyers and insolvency practice during the late 19th century," Accounting and Business Research, Taylor & Francis Journals, vol. 34(3), pages 247-265.

    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:taf:accted:v:8:y:1999:i:4:p:301-319. 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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RAED20 .

    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.