Have Graduates from the Faculty of Finance and Accounting Professional Adequacy in Accounting?

Abstract

This chapter concerns the question whether graduates from the Faculty of Finance and Accounting at the University of Economics in Prague have professional adequacy in accountancy. The Faculty has been convinced that one possible way of providing a proof of the adequacy of education in accountancy can be ensured by accreditation received from professional accounting institutions respected worldwide by academics and by employers as well. This chapter, therefore, describes accreditation process provided by ACCA and ICAEW and results from accreditation process at the Faculty of Finance and Accounting.