Accounting: the teaching, the practice and what is missing
Purpose – This paper aims to identify the knowledge and practice gap in accounting education and propose an alternative teaching method to align accounting education to meet the needs of the practical world. Design/methodology/approach – A total of 500 questionnaires were circulated among four stake...
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| Format: | Article |
| Language: | English |
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Emerald Publishing
2020-12-01
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| Series: | Vilakshan (XIMB Journal of Management) |
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| Online Access: | https://www.emerald.com/insight/content/doi/10.1108/XJM-06-2020-0001/full/pdf?title=accounting-the-teaching-the-practice-and-what-is-missing |
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| _version_ | 1846098040766595072 |
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| author | Shanmugavel Rajeevan |
| author_facet | Shanmugavel Rajeevan |
| author_sort | Shanmugavel Rajeevan |
| collection | DOAJ |
| description | Purpose – This paper aims to identify the knowledge and practice gap in accounting education and propose an alternative teaching method to align accounting education to meet the needs of the practical world. Design/methodology/approach – A total of 500 questionnaires were circulated among four stakeholders (academics, accounting students, accountants in business and accountants in practice) and received an overall usable response rate of 27%. Findings – It was found that to reflect the current accounting practices, accounting students should be exposed to accounting specific experiential learning and industry specific training at an early stage of their academic education. Universities and professional institutes can work together to develop a curriculum to create an elite league of accounting professionals. Practical implications – The insights of this study would provide guidance to educators on how to develop an advance experiential learning structure for students that reflects the current accounting practices and technologies involved. Originality/value – This study contributes to the existing literature by means of providing an alternative teaching method for undergraduate accounting degree program. |
| format | Article |
| id | doaj-art-3d884bd4f0f5469e8eee7c4d1b85c8e2 |
| institution | Kabale University |
| issn | 0973-1954 |
| language | English |
| publishDate | 2020-12-01 |
| publisher | Emerald Publishing |
| record_format | Article |
| series | Vilakshan (XIMB Journal of Management) |
| spelling | doaj-art-3d884bd4f0f5469e8eee7c4d1b85c8e22025-01-02T02:32:50ZengEmerald PublishingVilakshan (XIMB Journal of Management)0973-19542020-12-01171/2153710.1108/XJM-06-2020-0001653429Accounting: the teaching, the practice and what is missingShanmugavel Rajeevan0Department of Accounting, University of Sri Jayewardenepura, Nugegoda, Sri LankaPurpose – This paper aims to identify the knowledge and practice gap in accounting education and propose an alternative teaching method to align accounting education to meet the needs of the practical world. Design/methodology/approach – A total of 500 questionnaires were circulated among four stakeholders (academics, accounting students, accountants in business and accountants in practice) and received an overall usable response rate of 27%. Findings – It was found that to reflect the current accounting practices, accounting students should be exposed to accounting specific experiential learning and industry specific training at an early stage of their academic education. Universities and professional institutes can work together to develop a curriculum to create an elite league of accounting professionals. Practical implications – The insights of this study would provide guidance to educators on how to develop an advance experiential learning structure for students that reflects the current accounting practices and technologies involved. Originality/value – This study contributes to the existing literature by means of providing an alternative teaching method for undergraduate accounting degree program.https://www.emerald.com/insight/content/doi/10.1108/XJM-06-2020-0001/full/pdf?title=accounting-the-teaching-the-practice-and-what-is-missingaccountantsaccounting educationprofessional accounting institutessri lanka |
| spellingShingle | Shanmugavel Rajeevan Accounting: the teaching, the practice and what is missing Vilakshan (XIMB Journal of Management) accountants accounting education professional accounting institutes sri lanka |
| title | Accounting: the teaching, the practice and what is missing |
| title_full | Accounting: the teaching, the practice and what is missing |
| title_fullStr | Accounting: the teaching, the practice and what is missing |
| title_full_unstemmed | Accounting: the teaching, the practice and what is missing |
| title_short | Accounting: the teaching, the practice and what is missing |
| title_sort | accounting the teaching the practice and what is missing |
| topic | accountants accounting education professional accounting institutes sri lanka |
| url | https://www.emerald.com/insight/content/doi/10.1108/XJM-06-2020-0001/full/pdf?title=accounting-the-teaching-the-practice-and-what-is-missing |
| work_keys_str_mv | AT shanmugavelrajeevan accountingtheteachingthepracticeandwhatismissing |