Abstract
This study investigates the awareness of secondary school students towards accountancy as a profession due to the shortage of qualified accountants required by Malaysia government in the era 2020. A lack of information/misinformation about what accounting is and what accountants do which caused the school leavers having less awareness regarding the accountancy profession. There are four factors that been tested; namely as gender, personal interest, level of difficulties for accounting subject as well as knowledge and career prospects. The study focuses on secondary school students and 270 students who taking Principle of Account subject at Segamat, Johor and Muadzam Shah, Pahang secondary. The analysis of data utilizes the statistical package of SPSS. The result revealed that personal interests as well as knowledge and career prospects have significant relationship with the awareness of students towards accountancy as a profession. Meanwhile gender and level of difficulties for accounting subject do not have significance difference/relationship with the awareness of students towards accountancy as a profession.
Highlights
IntroductionMalaysia need around 60,000 qualified accountants by the year 2020, but currently Malaysia facing with the shortage by more than half of the number (The Star Online, 2010)
This study investigates the awareness of secondary school students towards accountancy as a profession due to the shortage of qualified accountants required by Malaysia government in the era 2020
Malaysia need around 60,000 qualified accountants by the year 2020, but currently Malaysia facing with the shortage by more than half of the number (The Star Online, 2010)
Summary
Malaysia need around 60,000 qualified accountants by the year 2020, but currently Malaysia facing with the shortage by more than half of the number (The Star Online, 2010). There are currently about 30,000 accountancy professionals in Malaysia, of which 28% are registered chartered accountants. According to an article in Utusan Malaysia (2015), Datuk Seri Abdul Wahid Omar from Prime Minister’s Office revealed that only eight percent from 32,000 professional accountants are Bumiputera and the reason for this issue occurred because of low exposure levels in accounting field requires high knowledge in managing numbers and having a good fluency English. Samsuri et al (2016), mentioned in their study that in Malaysia recently when the country needs more accountants to assist the country to achieve the nation of ‘Wawasan 2020’ not many qualified people are establishing in the fields and it may give a sign that a few determinants may affect the students to continue on this areas.
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