Accounting Education Research Articles

Digital Accounting: An Overview of Current Teaching in Accounting Education

Brunei Darussalam’s Wawasan 2035 helps a developing nation progress and remain sustainable for future generations. This study will assess the future of accounting education in local universities, particularly Brunei Darussalam. Automated, digital accounting is the future of accounting. This view leaves accounting studies vulnerable to the future as accounting education is primarily theoretical with few practical applications. Thus, this study effort seeks sustainable accounting education programs. If disregarded, accounting research will not apply to future accounting, which may raise unemployment. This study uses thematic analysis to analyze interviews due to the small number of respondents. Results match literature and interviews. Due to software shortages, accounting professors lack digital accounting skills, according to this research. Accounting education depends on instructors adapting to curriculum changes. This research may help local education steering committees change accounting education.

Effective Strategies Utilizing Street-Smart Wealth to Bridge the Educational Poverty Gap in Accounting Education in the United States

Educational poverty refers to the lack of access to quality education, which can perpetuate socioeconomic disparities. Street-smart wealth refers to the knowledge, skills, and experiences gained outside formal educational settings. Evidence is presented which shows the specific strategies and practices that educational institutions and policymakers can implement to bridge the educational poverty gap. The findings emphasize the importance of recognizing and valuing street-smart wealth as a valuable resource in accounting education. They represent another step toward integrating street-smart wealth into accounting education can enhance students’ learning experiences, improve their understanding of real-world applications of accounting concepts, and increase their employability in accounting. The study concludes by providing recommendations for accounting educators and policymakers, which may contribute toward reducing the educational poverty gap in the United States. By implementing the proposed strategies to effectively utilize street-smart wealth in accounting education, the study aims to contribute to developing inclusive and equitable accounting education, ensuring that individuals from all backgrounds have equal opportunities to succeed in the accounting profession and contribute to economic growth.

PANEL DISCUSSION WITH INTERNATIONAL PARTICIPATION “Embedding Sustainability in Audit and Accounting Education”

-

ChatGPT 등 인공지능 모델 출현에 따른 원가관리회계 교육에서의 조화 가능성 탐색

[Purpose] This study aims at providing suggestions and implications on cost accounting education under the circumstances of generative artificial intelligence language models such as ChatGPT, Bing, and Bard.
 [Methodology] First, this study evaluates how well the model can provide solutions for the cost accounting exam questions. Second, this paper modifies prompts in order to get the desired answers from the AI model.
 [Findings] The artificial intelligence model can solve the questions such as explaining the main concepts of cost accounting and developing managerial accounting schemes like BSC. The models also provide the correct answers for simple questions on calculating cost with a simple process. However, there are limits on multi-level cost allocation problems.
 [Implications] This paper introduces examples that ChatGPT can provide answers to cost accounting questions. Based on the initial draft that ChatGPT generated, students can validate or revise their initial draft. In addition, prompt engineering activities can be introduced with cost accounting topics as illustrated in this study.

PENGARUH LITERASI KEUANGAN, MANAJEMEN KEUANGAN DAN PENDAPATAN TERHADAP MINAT INVESTASI EMAS MAHASISWA PENDIDIKAN AKUNTANSI UNIVERSITAS NEGERI SURABAYA

Although the form of investment is a precious gold investment, gold investment is part of long-term investment, high risk, many situations, and uncertainty. This is due to the lack of literacy / understanding of gold investment. Thus, this study aims to determine the effects of financial ability, financial management, and interest in money investment. This study uses a quantitative study method. The sample used is 80 student of accounting educational at Surabaya University. Sampling by random sampling method. This survey data was obtained through the distribution of online surveys via Google Forms. The data is processed by multiple regression analysis. The results showed that financial literacy, financial management and income had a simultaneous effect on the interest in gold investment students of the Accounting Education Study Program of Surabaya State University and each variable freely affected the significant effect on the interest in gold investment students of the Accounting Education Study Program of Surabaya State University.

Divergence and convergence of salient stakeholders' perceptions toward forensic accounting education: importance, obstacles and pedagogies

PurposeThis research study aims to identify barriers to incorporating forensic accounting into accounting curricula in Jordanian universities. The study examines the differences in perspectives among various accounting education stakeholders, including students, educators and accounting and auditing employees/managers, on forensic accounting education.Design/methodology/approachThe research methodology is quantitative and involves administering a survey questionnaire. The data obtained are analyzed using techniques including t-test analysis, one-way ANOVA and post-hoc.FindingsThe study reveals that educators have a more favorable view toward incorporating forensic accounting into university accounting curricula in Jordan, while accountants and auditors (employees/managers) are more strongly convinced of its importance. Furthermore, the biggest challenge to integrating forensic accounting, as perceived by stakeholders, is the lack of related job opportunities.Practical implicationsThe study significantly contributes to accounting education research by providing valuable information on barriers to incorporating forensic accounting into the accounting curricula of Jordanian educational institutions from the perceptive of various stakeholders. Therefore, this study may assist educators in overcoming obstacles in offering forensic accounting education.Originality/valueThe study carries important implications for the inclusion of forensic accounting in the accounting curricula of Jordanian educational institutions. By comprehending the different viewpoints of various stakeholders, educators and policymakers can address recognized challenges and strive for the effective integration of forensic accounting in accounting curricula. As a result, accounting students will receive a more comprehensive education, and graduates will be better equipped for successful careers in the field.

Expectation Gap on Accounting Graduates’ Skill Attributes between Accounting Educators and Employers in Industry 4.0 Environment: A Malaysian Evidence

Expectation Gap on Accounting Graduates’ Skill Attributes between Accounting Educators and Employers in Industry 4.0 Environment: A Malaysian Evidence

Can Financial Rewards Increase the Interest of a Student Career in the Field of Education Accounting?

The goal of this study was to identify the characteristics that affect accounting students' interest in selecting a career as an accountant educator, with the moderating variables of intrinsic worth of the work, professional recognition, and financial benefits. Students at the Ganesha University of Education's Accounting Study Program made up the study's sample. 166 respondents made up the sample in a simple random sampling approach. The data is shared online via a Google form, after which the SmartPLS program processes it. Partially, this study shows that the intrinsic value of work does not affect the career interest of students in the field of accounting educators, while professional recognition partially has a positive and significant effect on career interests of students in the field of accounting educators. Financial awards are also able to moderate the effect of professional recognition on students' career interests in the field of accounting educators.

Accounting undergraduates’ perspectives on integrating forensic accounting into the curriculum in Sri Lanka

Purpose: This study examines the current level of forensic accounting education in Sri Lanka and its level of sufficiency from the viewpoint of accounting undergraduates studying in Sri Lankan government universities. Research methodology: Data were collected through a self-administered questionnaire targeting third and fourth-year accounting undergraduates of Sri Lankan government universities. To achieve the research objectives, descriptive statistics were used as analytical tools. Results: The study revealed that existing auditing course modules and stand-alone forensic accounting course units do not adequately cover forensic accounting topics in response to the rising demand for forensic accountants' services in Sri Lanka. Sri Lankan government universities are required to restructure the integration of forensic accounting education with greater coverage. Moreover, as per accounting undergraduates, the precise method of covering forensic accounting within accounting education would be to introduce a separate degree program that covers all forensic accounting discussions. Limitations: The main limitation of this study is that it focuses only on the perspectives of government university undergraduates. Perceptions of accounting undergraduates in private universities and professional qualification institutions that offer accounting degree programs were not considered. Contribution: This study provides insights for university administrators on how to integrate forensic accounting into the accounting curriculum. Moreover, the suggested modifications will provide undergraduates with the skills required to practice forensic accounting after graduation.

Accounting Education in France

This paper presents a retrospective analysis of the development of accounting education in France. The study encompasses the regulatory framework applied in the higher education institutions where education in accounting is available. Both specialized higher schools and universities of broad education profile come within the survey. The main method employed is the method of description and analysis of the contents of publicly announced academic documentation available on the websites of these higher education institutions. The results are uniformity of Bachelor’s degree programmes to a considerable extent and classification of Master’s degree programmes according to the future professional realization of students. The tendencies towards lack of foreign students and reduced interest to programmes in French are highlighted as major areas of concern.

Implications of Digitalization of Accounting for the Development of the Accounting Curriculum

The rapid increase in digitalization of accounting has changed the business landscape calling for more innovative solutions. At the practitioner level, the use of fintech is a necessity, while at the academic level, fintech has not yet been fully implemented in the learning process. Accounting education must follow the circumstances to be able to produce quality output and be able to compete in the world of work. The aim of this research is to discuss the extent to which accounting digitalization has occurred, what areas are affected by accounting digitalization, the opportunities that arise as a result of accounting digitalization, the readiness of prospective accountants to face accounting digitalization, what changes need to be made to the accounting education curriculum. The method used in research is a qualitative method with the aim of explaining phenomena, attitudes, dynamics that show the actual situation. The data collection process in this research takes the form of observation, interviews, documentation and literature reviews from various written sources related to accounting digitalization. The findings of this research are that there are changes that need to be made by accounting at this time to include artificial intelligence technology such as AI, cloud systems, IoT, into the academic learning process, thereby improving workforce skills in their field when combined with the use of technology. Automation in accounting can reduce the share of work for accounting graduates, causing the demand for workers to decrease, even for technical matters with the help of applications. Digitalization of accounting using cloud computing systems makes it easier for financial decision makers

Promoting Inclusive Accounting Education through the Integration of Stem Principles for a Diverse Classroom

In recent times, accounting education has explored many innovative approaches to address the collective needs of students. Integrating STEM (Science, Technology, Engineering, and Mathematics) principles in accounting education promises an increased potential for technology-driven solutions, enhanced learning strategies, and inclusivity. This study investigated the effects of integrating STEM principles into accounting education. The specific objective was to understand the impact of STEM integration on student engagement, academic performance, diversity, and inclusivity within accounting programs. The study adopts quantitative methods, using surveys to collect primary data from 342 respondents ranging from lecturers, teachers, and students, while Linear regression was used to test the hypotheses. The study revealed a positive relationship between STEM integration and student academic performance and engagement. Results also showed that integrating STEM principles into accounting education positively impacted inclusivity and attracted a diverse classroom. The study recommends that accounting education policymakers develop a curriculum that aptly incorporates STEM concepts into accounting courses that would appeal to students from diverse backgrounds; and the accounting faculty of tertiary institutions should play a vital role in STEM integration and inclusivity by undertaking training sessions on STEM-related skills, inclusive teaching methods, and cultural sensitivity.

DIGITIZATION AS A DIGITAL HUB OF INTERACTION IN THE EDUCATIONAL ENVIRONMENT OF A EDUCATION INSTITUTION

The article analyzes generally accepted and innovative approaches to managing the quality of specialist training in (vocational and technical) education institutions, reveals the essence of the concept of competitiveness as a socio-economic phenomenon. The effectiveness of the structural-functional quality management model of specialist training has been proven, the issue of involving business and stakeholder councils in quality management, innovative views in ensuring the quality of professional training by bringing the content of state standards into account (vocational and technical) education, close to the requirements of employers; systematic work on increasing the prestige of working professions (introduction of innovative technologies of professional orientation, professional development and career planning); development of elements of dual and mixed education systems; effective management and control of the educational and production process. He proposed such effective areas as mentoring, creation of educational clusters, application of hub technologies, digitization). Mechanisms of quality management of vocational education and training in countries are substantiated, quality assessment system is analyzed.

COMPARATIVE ANALYSIS OF PARENTAL INFLUENCE AND FORMAL EDUCATION ON FINANCIAL LITERACY AMONG EARLY UNIVERSITY STUDENTS IN NIGERIA: A REVIEW OF HOME-BASED FINANCIAL TEACHINGS AND SCHOOL-BASED ACCOUNTING EDUCATION

This study compares the effects of formal education—specifically, school-based accounting education—and parental influence on the financial literacy of first-year Nigerian university students. The research explores the intricate interactions among these variables, illuminating their importance and constraints in the particular Nigerian setting. According to the literature review, parents significantly influence young adults' financial attitudes and behaviors. A person's financial literacy has been demonstrated to be significantly impacted by informal, home-based financial education. The degree of guidance varies depending on parental financial literacy and economic diversity, meaning that parental influence is not always equally effective. Formal education, exemplified by accounting education in schools, provides a theoretical framework for financial concepts but frequently lacks a practical focus. Furthermore, concerns concerning uniformity are raised by differences in the caliber and applicability of accounting education among Nigerian institutions and regions. The implications that can be inferred from these findings are the need to encourage financial education at home, increase the practical applicability of formal education, and guarantee uniformity and quality control in formal financial education. Prospective research avenues, such as cross-cultural comparisons and longitudinal studies, present opportunities to expand the financial literacy knowledge among Nigerian early university students. Policymakers, educators, and researchers can build on this review paper as they continue to promote financial literacy and the financial health of Nigeria's youth.
 Keywords: Financial Literacy, Parental Influence, Formal Education, School-Based Accounting Education, Early University Students, Nigeria, Comparative Analysis, Financial Education.

INTEGRATING ETHICS AND PROFESSIONALISM IN ACCOUNTING EDUCATION FOR SECONDARY SCHOOL STUDENTS

The important task of incorporating professionalism and ethics into secondary school accounting education is examined in this paper. The study highlights essential curriculum development, assessment, and evaluation approaches in light of the significant influence that ethical and professional values have on the accounting profession. It highlights the importance of using various assessment techniques, aligning educational standards, and promoting interdisciplinary cooperation. The conversation focuses on new issues, such as the necessity of teaching digital ethics and behavioral ethics in a global setting. Suggestions include the creation of industry partnerships, ongoing research, and mentorship programs. The study also emphasizes the value of public awareness campaigns and ethical climate assessments in fostering educational institutions' professional and ethical culture. In conclusion, it is both a social responsibility and an educational objective for aspiring accountants to grow ethically and professionally. By embracing these recommendations, educational institutions and instructors can help mold accountants who are not only technically skilled but also morally grounded leaders able to maintain the highest standards of integrity in a quickly changing accounting environment.
 Keywords: Ethics, Professionalism, Accounting Education, Secondary School, Curriculum Development, Assessment, Evaluation, Digital Ethics, Interdisciplinary Collaboration.

Model of Blockchain Technology in Malaysian Accounting Education Learning Context: A Theoretical Paper

In order to ensure that accounting graduates are well-prepared to meet the expectations of the job market, the educators play a crucial role in universities by making significant contributions in the implementation of the accounting curriculum. This concept paper focuses on the model that shows the impact of institutional pressures on Malaysian accounting education learning context (teaching methods, accounting syllabus and accounting lecturers’ knowledge) in teaching blockchain technology and the influences toward accounting graduates’ technological competency in blockchain technology adoption. This theoretical paper was written solely using data gathered via library research methods, conducted by examining prior research to support the discussion throughout this study. As a result, it is believed that there is connection between institutional pressure which encompasses three dimensions (coercive, mimetic, normative) that offer a comprehensive perspective for examining its influence on the learning environment of accounting education, and eventually could also affects the adoption of blockchain. This model can be a guideline that may enhance future practices and strategies in accounting curriculum by integrating emerging technologies, specifically blockchain technology.

PENGARUH MOTIVASI KUALITAS, MOTIVASI KARIR, MOTIVASI EKONOMI DAN MOTIVASI SOSIAL TERHADAP MINAT MAHASISWA AKUNTANSI UNTUK MENGIKUTI PENDIDIKAN PROFESI AKUNTANSI (PPAK) (STUDI KASUS PADA MAHASISWA AKUNTANSI DI STIE PELITA NUSANTARA SEMARANG)

This research aims to test and analyze influence of quality motivation, career motivation, economic motivation and social motivation on accounting students interest in taking professional accounting education (PPAk). The dependent variable in this research is Accounting Students Interest in Pursuing Professional Accounting Education. The research uses primary data origionating from distributing questionnaires. The population in this study were accounting students at STIE Pelita Nusantara Semarang. The sampling technique used was census and the sample size was 68 students. The data analysis method uses the SPSS 26 program. The results of this study indicate that social motivation has a positive and significant effect on accounting students' interest in pursuing professional accounting education with a significance level of (0.002), while quality motivation, career motivation, economic motivation do not have a positive and significant effect on accounting students' interest in pursuing education. Accounting profession with a significance level of quality motivation of (0.349), career motivation of (0.466) and economic motivation of (0.105). The results of quqlity motivation, career motivation, economic motivation and social motivation simultaneously have a positive and significant effect on accounting students interst in pursuing professional accounting education with a significant level of (0,000).
 
 Keywords: quality motivation, career motivation, economic motivation, social motivation and accounting students interest in taking accounting professional education

An investigation into how students determine the double entry of a financial transaction

ABSTRACT This study addresses students’ approaches to learning the double entry of a financial transaction. A phenomenographic approach was used to collect and analyse qualitative empirical data. By focusing on an under-researched topic, the study contributes to accounting education literature and identifies a set of four hierarchical categories that qualitatively describe more complex ways of experiencing double entry bookkeeping. The findings reveal that some of these categories are more desirable than others and provide a lens through which accounting educators can view the quality of double entry learning. These findings support calls to reconceptualise the teaching of double entry bookkeeping and prompt calls for additional qualitative research into introductory accounting, and double entry bookkeeping in particular.

A practical perspective on ethical behavior of the educator accountant: A case study at a private university in Indonesia

Ethical behavior is the attitude and actions of a person who adheres to commonly accepted social norms regarding good, proper, beneficial, and non-harmful activities. This study aims to examine the influence of emotional, intellectual, and spiritual intelligence on the ethical behavior of educator accountants at private universities in Indonesia, moderated by locus of control. This study’s population comprised all educator accountants who taught at nine private universities in Indonesia. At the same time, the sample size in this study was 196 accountant educators. The samples were educator accountants who had worked for at least one year. Data collection techniques used questionnaires and interviews (WhatsApp, Instagram, and Facebook), while the data analysis used was Structural Equation Modeling (SEM) with data processing using PLS software. The findings revealed that accountant educators’ ethical behavior is influenced by their emotional (p = 0.016), intellectual (p = 0.030), and spiritual intelligence (p = 0.039). The locus of control can moderate the influence of emotional intelligence on ethical behavior. However, it cannot moderate the effect of intellectual and spiritual intelligence on educator accountants’ ethical behavior.

Did accounting education remain resistant to digitalization during COVID-19? An exploratory study in the Tunisian context

This research aims to understand the cognitive structure of Tunisian students by exploring their attitude toward the digitalization of accounting education during the COVID-19 pandemic. Thus, we examine the current practices to make improvements and adaptations. To this end, we conduct exploratory research through the concept maps technique to gain knowledge of the challenges and opportunities of virtual accounting education. Through the analysis of 49 maps, we highlight that that the sudden shift toward online education has raised major concerns mostly related to technological issues, lack of skills among teachers and students, and absence of interaction. Policymakers and faculty members who want to build a strong foundation for implementing an online education system should find our findings interesting.