Accounting Skills Research Articles

The Impact of Block Chain Technology in Activating the Skills of Accountants and Auditors:a Survey Study of the Opinions of a Sample of Academics in the Iraqi Universities

The Impact of Block Chain Technology in Activating the Skills of Accountants and Auditors:a Survey Study of the Opinions of a Sample of Academics in the Iraqi Universities

An Investigation of the Ethical Reasoning Skills of Accountants and Career Experiences

Since the myriad of financial debacles in the early 21st century, a focused interest on accountants’ ethical reasoning skills has been unsuccessful in resolving future financial crimes in the United States (Palazzo & Rethel, 2008). Unfortunately, a Price Waterhouse Cooper’s (2016) survey concluded fraud at the executive level increased by 4%. A review of the research infers inconclusive evidence of a relationship between higher ranked accounting positions and lower ethical reasoning skills when examining CPAs in the postSarbanes-Oxley (SOX) era, as the majority of research stems from the pre-SOX timeframe. The purpose of this quantitative, cross-sectional study was to examine various organizational levels of Certified Public Accountants (CPAs) and their ethical and social responsibility perceptions. Participants were recruited via an accounting research panel and used Singhapakdi's (1996) Perceived Role of Ethics and Social Responsibility Scale (PRESOR) to measure CPAs’ perceptions of the importance of ethics and social responsibility to an organization's overall effectiveness. The researchers’ findings indicate CPAs at midlevel positions encompass significantly different ethical and socially responsible perspectives when compared to CPAs at lower level and high-level positions within firms. Shafer (2015), using the PRESOR, found a significant relationship between accountants’ ethical perceptions and organizational ethics in a convenience study of Chinese accountants, and called for more studies using the PRESOR on accountants. This research extends the literature on accountants’ ethics and builds on Shafer’s study by employing a random sample of CPAs in the United States.

The Relevance of Forensic Accounting for Detecting and Preventing Fraud in Emerging Economy like Nigeria

The study investigated the relevance of forensic accounting for detecting and preventing fraud in emerging economy like Nigeria. This study is an ex-post facto and field survey type of research. The population size of this study cuts across the 12 money deposit banks in Nigeria. Emphasis was centered on professional chartered accountants and auditors in those banks in Edo State due to geographical coverage. It is upon the population size of 12 money deposit banks in Nigeria a consensus of all the banks forms the sample size of the study. While a judgmental sampling method was used in the selection of the professional accountants and auditors in banks. The research instrument that was employed in this study was questionnaire and interview. In addition, to ensure the reliability of the questionnaire used, a pre-test was carried out using the Cronbach-Alpha test. The statistical tool employed was descriptive statistics. The findings of the study revealed that forensic accounting qualifications, forensic accounting skills and forensic accounting education has positive influence in detecting economic and financial crime in Nigeria. Therefore, the study recommends that the relevance of forensic accounting in preventing and detecting fraud should be used in Nigeria to strengthen internal audit department. Also, forensic accounting courses should be included in the academic and professional curricula of Nigeria Universities and professional institutions to train and increase the awareness of forensic accounting in Nigeria.

The development of the relationship model of causal factors affecting the financial report quality and financial success of small and medium sized hotel business in Thailand

This research is a mixed research with the objective of develop a causal factor correlation model. And examining the consistency of the relationship model, causal factors affecting the quality of financial reports and financial success of small and medium-sized hotel businesses in Thailand. Developed according to theory and empirical data. The sample group was accounting and finance executives of small and medium-sized hotel businesses in Thailand. The research tool was a questionnaire. Statistics used in the analysis of structural equation Model data and in-depth interview. The research results for the quality of financial reports had a direct correlation with professional accounting skills, coefficient of 0.27, ethics in accounting profession, coefficient at 0.50 and management of accounting department. The coefficient of 0.32 for financial success had a direct correlation with the quality of financial reports 0.40, management of accounting department 0.51 and was indirectly related to professional accounting skills, coefficient of 0.11, ethics in accounting profession, coefficient of 0.20 by Pass the quality of financial reports and it has been confirmed that the model has become possible between a developed small and medium hotel business

The Effects of Collaborative Simulation on the Development of Students' Confidence in Managerial Accounting Skills

ABSTRACTThis paper examines the effects of practice through collaborative simulation on the development of students' confidence in critical managerial accounting skills not commonly covered in traditional lecture courses. We assign students to teams that complete a large-scale integrative business simulation (LSIBS), the CAPSIM Foundation's Business Strategy Simulation Game, which serves as a collaborative learning experience. The semester-long project requires students to practice the managerial accountant's job through phased assignments where they make individual assessments, collaborate to set strategies, make decisions that align with the strategies, and report on the results of the decisions. We use a quasi-experimental methodology to examine the efficacy of the project for improving students' confidence across a set of competencies defined by the Institute of Management Accountants (IMA). The findings show that using a collaborative simulation experience in a managerial accounting course can promote the development of students' confidence in critical managerial accounting skills.

Analysis of Factors Affecting the Results Student Learning in Accounting Students Accounting Expertise Program

The research is aimed to determine the factors of interest in learning, and learning disciplines that affect student learning outcomes accounting expertise. This type of research is qualitative research using qualitative descriptive analysis tools and multiple regression analysis to determine how much these factors influence. The sample is 76 students using proportional random sampling technique. This study means that the interest variable (X1) has a positive effect on learning outcomes (Y). This indicates that if the interest variable increases one unit, while the student learning discipline variable is considered constant it will cause an increase in learning outcomes by 0.480. This indicates that when the learning discipline variable has increased by one unit and the interest variable is considered constant it will cause an increase in learning outcomes. learning outcomes of 0.477. The results of the correlation coefficient analysis obtained a value (r) of 0.640, which means that the relationship between student learning outcomes and student learning interest and student learning discipline is in the strong category. Where the correlation value is in the coefficient interval 0.60 - 0.799. While the coefficient of determination (r2) is 0.410 or 41 percent, which means that the effect of student interest in learning and learning discipline on student learning outcomes is 41 percent, while the remaining 59 percent (100% - r2) is determined by other factors not included in this study. The results of the t-test show that the significant value is smaller than the alpha value, where the significant value = 0.002 <alpha = 0.05, which means that it is significant, so the hypothesis proposed is that: "It is assumed that interest in learning and student learning discipline has a significant effect on learning outcomes. students in the Accounting Skills Program of SMK Negeri 1 Pangkep are declared "accepted".

Forensic Accounting Skills and the Effective Identification in Money Laundering Activities – Transaction Monitoring Perspective

Forensic Accounting Skills and the Effective Identification in Money Laundering Activities – Transaction Monitoring Perspective

Research on Curriculum Reform of Statistics for Accounting Major in the Time of Big Data

Advances in technology have brought enormous challenges to accounting staffs. With the explosive growth of data, the scope of accounting functions is no longer limited to the basic functions such as accounting and checking. Data processing skills are one of the indispensable skills of today's accountants. Changing the traditional statistical teaching framework and increasing the teaching content related to big data helps students to better adapt to new requirements and better integrate to the society.

Compliance Factors of Malaysian Private Entity Reporting Standard (MPERS) by Small Medium Enterprises (SMEs)

The study objectively reports the findings on a questionnaire survey when examining the factors affecting Malaysian Private Entity Reporting Standard (MPERS) compliance in Malaysia by small and medium enterprises (SMEs). The study is based on a professional accountant questionnaire survey involving a sample of 176 respondents who are currently involved in the implementation of MPERS. The result reveals that the main factors affecting the SMEs' compliance with MPERS were the legal limitations and requirements. The study also finds that the perception, size of entities, management and accounting skills of the external user, and consideration of costs and benefits, have little impact on MPERS compliance. Furthermore, the study contributes to the literature of the financial reporting standard for SMEs by providing empirical from Malaysia's local context that uses MPERS and how the theses affect reporting practices. To adopt the 'true and fair view' financial reporting standard when explaining the firm's financial performance and financial position, this study should be the interest of regulatory authority, standard setters, and owners of SMEs themselves.

ACCOUNTANTS CERTIFICATION AS LONG WAY FROM BOOKKEEPERS TO CERTIFIED ACCOUNTANTS: EXPERIENCE FOR UKRAINE

In the article there were considered the problematic aspects of accountants’ certification in Ukraine, as well as the relevance of professional certification as a universal tool for recognition of qualifications in accounting in professional circles and in the labor market. The most popular institutions and organizations which are specializing in the training of accounting professionals in the field of accounting ACCA, CIPA, IFA, CPA, CIMA, ITFA, CAP, CFA are cited. The problematic approaches to organization of education in the country are analyzed in comparison with the international experience, where higher education is not required for the professional activity of accountant, but the emphasis are made on proceeding of professional development. The reasons for the lack of readiness of enterprises and companies to finance training programs for improving the skills of accountants and obtaining certificates are justified. A detailed analysis of the functional differences in work between traditional and certified accountants has been carried out. It has proved that the key indicator that can confirm the qualification and professional training of an employee in all aspects of accounting according to International standards is a relevant certificate, which is not only recognized by international accounting experts, but also the fundamental basis for creating a confidence base for foreign investors and business-partners.

The Impact of Big Data on Accounting and Auditing

Big data and big data analytics will unavoidably change the role of accountants. This paper considers the impact of big data on accounting and auditing. Financial accountants need to move beyond the book-keeping process and become key information providers to decision-makers. That upturns accountants' consulting role and their ability to think strategically, providing critical help in management decision making. The relationship between managers and management accountants becomes closer and more effective because of big data. Management accountants can use additional analytical methods to detect processes and product excellence, combined with diminishing cost. Big data and big data analytics in auditing ensure audit quality and fraud detection. Upgraded information systems and automation in business procedures diminish the need for staff participation. Inevitably, the skills of accountants and knowledge must be associated with big data and big data analytics and modern accountants must develop an analytics mindset by being familiar with data and technologies.

Edukacija o forenzičkom računovodstvu i veza s praksom

In recent times, the detection of fraud has become increasingly important in the accounting profession. The need to protect capital in the markets, on the one hand, and the protection of the reputation of the accounting profession, on the other, require more attention to be paid to strengthening the capacity of forensic accounting. The subject of this paper is a discussion of the importance of improving the risk management of fraud in two directions. The first is to strengthen the capacity of forensic accounting through the education system, and the second direction is to improve the skills of forensic accountants. The aim of this paper is to give a comprehensive view of the importance of education in the field of forensic accounting and its connection with practice.

FORENSIC ACCOUNTANTS AND ELECTRONIC TURNOVER OF DOCUMENTS IN THE CRIMINAL PROCESS

Today, forensic accounting is a fully formed profession that has evolved as the business world has changed and progressed, both domestically and internationally. Technology emerging trend that could point to developments in the coming decade. Forensic accountants are increasingly relying on and developing new uses for technology. This augments the required skill set from pure critical analysis to working knowledge of technical aspects such as data set management, various data sources, normalization techniques, visualization, and delivery of analysis that goes beyond the plain numbers. Increasingly in the past few years, information system professionals have also entered the field of forensic accounting, augmenting their skill sets with forensic computing, electronic discovery, data mining, and data visualization. Finding fraud in the world of big data requires new skillsets above and beyond basic forensic accounting, including the ability to develop machine-learning-capable artificial intelligence and other custom tools to detect irregularities amidst vast amounts of digitised financial data. Because this is such specialised knowledge, it’s increasingly necessary to build teams that combine traditional forensic accounting skills with tech talent. The Verkhovna Rada is considering an urgent Draft Law on Amendments to the Criminal Procedure Code of Ukraine on the introduction of information and telecommunication system of pre-trial investigation 5246 dated 15.03.2021. The bill, in particular, provides: • functional purpose of the information and telecommunication system of the pretrial investigation; • providing access to materials stored in the information and telecommunication system of the pre-trial investigation; • the possibility of integrating the information and telecommunication system of the pre-trial investigation with other information, information and telecommunication systems in cases provided by law. The adoption of such a law will create a legal basis for the introduction and operation of the information and telecommunications system of pre-trial investigation, storage of information in criminal proceedings and reducing the volume of paperwork in the pre-trial investigation. The rapid conversion of accounting and other records from paper-based systems to electronic systems, coupled with the explosion in the quantity and types of electronic data, has resulted in many changes in the field of forensic accounting and the requirements for investigations. Expertise in the evaluation and handling of electronic evidence is just one way in which forensic accounting has evolved. Focused and efficient use of data analytics as well as the ability to mine a universe of publicly available yet critical information regarding subjects, companies and their relationships are two additional ways in which forensic accounting has matured. On the other hand, operating within a web of global data privacy and other complex regulatory constraints can complicate the job of the forensic accountant.

Peran Dan Kompetensi Auditor Syariah Dalam Menunjang Kinerja Perbankan Syariah

The increase in the growth of Islamic banking needs to be supported by the performance of sharia auditors. This study aims to discuss the role and competence of Islamic auditors in supporting the performance of Islamic banking. This type of research uses qualitative methods with a descriptive approach using literature study data. The results of this study indicate that the competencies that must be possessed by sharia auditors include knowledge of Islamic law, fiqh muamalah, skills in accounting and auditing, and special characteristics as sharia auditors. This competence is the key to maximizing the role and competence of sharia auditors to support the performance of Islamic banking. The roles of sharia auditors include as independent auditors, internal auditors, and sharia supervisory board. Sharia compliance tests on Islamic financial institutions are part of the role of the sharia auditor.

Forensic accounting skills and tax evasion detection in Lagos State, Nigeria

The study investigated the application of Forensic Accounting Skills on Tax Evasion Detection in Lagos State, Nigeria. Data were sourced with the aid of structured questionnaire administered on respondents. The sample size was 301 comprising forensic accountants and Lagos State Internal Revenue officials. Multiple regression analysis results show a positive nexus between Forensic Accounting skills and tax evasion detection as the t-calculated (4.579) is greater than the t-tabulated (0.000) at 5% significance level. The forensic accounting skills proxied by Detection, Prevention, Deterrence Skills (DPDS); Forensic Audit, Investigation, Interviewing Skills (FAIIS); Arbitration, Mediation, Litigation Skills (AMLS); Honesty, High Integrity, Communication Skills (HHICS) indicated by the individual level of significance of 0.000, 0.054, 0.054 and 0.122 respectively which are less than 5% acceptable level of significance also shows that there is a significant positive relationship in the effect of forensic accounting on tax evasion detection. The finding indicates the existence of tax evasion and that the application of forensic accounting will drastically lead to the reduction. This will enhance government’s accessibility to more revenue in meeting up with its constitutional responsibilities. The study recommends among others of the need for the government to institutionalize forensic accounting in the country for effective tax administration.

The Accounting Education, Between Digitalisation and the COVID-19 Crisis

The present article represents an analysis regarding the effects of the current challenges posed mainly by digitalisation, but also by the COVID-19 pandemic crisis, on professional bodies and the continuing professional development of their members. In the constant fight for adaptation and survival carried out both in their own interest and in that of their business clients, professional accountants must find solutions to make the best decisions and to optimize their activity in order to meet the current market requirements. There is a need for a long-term vision that focuses on the accounting education, based on the development of new accounting skills that go beyond the traditional ones and that may result in the transition from retrospection to forecasting.

Accounting Education – Between Digitalisation and the COVID-19 Pandemic Crisis

The present article represents an analysis regarding the effects of the current challenges posed mainly by digitalisation, but also by the COVID-19 pandemic crisis, on professional bodies and the continuing professional development of their members. In the constant fight for adaptation and survival carried out both in their own interest and in that of their business clients, professional accountants must find solutions to make the best decisions and to optimize their activity in order to meet the current market requirements. There is a need for a long-term vision that focuses on the accounting education, based on the development of new accounting skills that go beyond the traditional ones and that may result in the transition from retrospection to forecasting.

Тенденции и перспективы рынка труда бухгалтеров в свете цифровой трансформации

<span> В статье представлены результаты анализа современного состояния и тенденций развития рынка труда бухгалтеров России. Актуальность темы обусловлена многочисленными прогнозами о том, что в результате цифровизации экономики произойдет резкое сокращение численности бухгалтеров, что приведет к исчезновению профессии. При обзоре литературы отдельное внимание уделено исследованиям трудовых функций и навыков бухгалтеров, которые могут быть подвергнуты трансформации ввиду цифровизации. Дана оценка спроса на бухгалтеров на основе анализа динамики их численности и размещенных работодателями вакансий, в том числе в отраслевом разрезе. В качестве информационной базы исследования использованы данные Минтруда РФ, выборочных обследований работодателей и рабочей силы Росстата. По результатам анализа выявлено сокращение численности бухгалтеров в крупных и средних предприятиях. Это соответствует общей тенденции сокращения занятости в корпоративном секторе. В малом бизнесе наблюдается рост потребности в бухгалтерских услугах. Отмечено, что в отраслях с наибольшей степенью цифровизации наблюдается рост спроса на бухгалтеров. Авторы пришли к выводу, что наиболее вероятным представляется не сокращение численности бухгалтеров или ликвидация данной профессии, а ее трансформация в части изменения трудовых функций.</span>

Use of forensic accounting in prevention of frauds in bursary department, University of Jos, Nigeria

Introduction: Misuse of funds and fraudulent acts are the main causes of revenue leakage in both public and private sectors. They are detrimental to the success of every departments or organization. Fraud is a worrisome issue and a thing of concern to management of University of Jos. Purpose: This study focused on the use of forensic accounting in prevention of frauds in bursary Department, University of Jos, Nigeria.. Methodology: Cross sectional research was used as a design for the study. Data was generated from both primary and secondary sources through the use of Forensic Accounting Skills Checklist for Fraud Detection (FASCFD). All the staff in the Bursary department were involved in the study. Simple percentage was used to analyze the research questions. To ensure that the items in the questionnaire are relevant and appropriate, the instrument was subjected to thorough scrutiny by an expert in forensic accounting in the Department of Accounting, University of Jos. His constructive criticisms, suggestions and recommendations were strictly adhered to in producing the final draft of the instrument. Results: The outcomes of the study revealed that forensic accounting have significant impact on the staff’s ability to check fraudulent activities in the Bursary department of the university. It was also found that acquisition and use of forensic accounting skills can help to deter staff from committing fraudulent acts that concern funds in their possession. Recommendations: The researchers recommended that the management of the University should ensure that there is regular forensic auditing of financial records kept by the Bursary Department. The staff of the Bursary Department in the University should be continuously trained in forensic accounting processes and procedures to enable them meet up with the global best practices in financial reports.

"Forensic accounting skills and tax evasion detection in Lagos State, Nigeria"

"Forensic accounting skills and tax evasion detection in Lagos State, Nigeria"