Suitability of accounting education to current market

R K Tailor, M L Ashoka, Dr Parmeshwara, N Abhishek


Purpose of the research: This study evaluates the perception of academicians teaching accounting in the universities of Karnataka state, India in the context of the suitability of accounting education for current market demand. It also assesses the level of suitability of accounting education to the current market need prevailing in the universities of Karnataka state.

Methodology: This empirical-conceptual study was conducted based on both primary and secondary data. To analyse the data, accounting education quality index was developed. One-sample t-statistics was used for statistical analysis.

Findings: Our results showed that average suitability of accounting education prevailing in the universities of Karnataka state to current market need was 43 percent. Further universities and academicians are needed to upgrade the accounting education system to this direction to build the strong practical knowledge base to the accounting graduates.

Implications: The outcome of the results of this research will become an input to universities to take necessary steps for inclusion of AI applications, XBRL, and GRI SRs aspects in the accounting curriculum in the context of accounting and auditing of business and financial information makes the accounting graduates more employable.

Originality/Value: This research will add the value to the existing literature in the field of accounting education. Meanwhile, it stresses the need for advancing accounting education in Indian context.


Accounting education, quality of accounting education, trends in accounting environment

Full Text:



Aggarwal, P. (2013). Sustainability reporting and its impact on corporate financial performance: A literature review. Indian Journal of Commerce and Management Studies, 4(3), 51.

Albrecht, W., & Sack, R. (2000). Accounting Education: Charting the Course Through a Perilous Future, Sarasota, FL: Accounting Education, Series 16 American Accounting Association.

AlHashim, D. D., & Weiss, E. J. (2004). Recent developments in accounting education and the future of the AICPA 150-hour requirement. International Journal of Commerce and Management, 14(1), 19-27.

Ball, C. (1985). What the hell is quality. In C. (.Ball, Fitness for Purpose, The Society for Research in Higher Education, (pp. 96-102). Guildford.

Botes, V., Low, M., & Chapman, J. (2014). Is accounting education sufficiently sustainable? Sustainability Accounting, Management and Policy Journal, 5(1), 95-124.

Crockett, J. (1993). The Dynamics of Accounting Education and Their Effects on Internal Auditing, Managerial Auditing Journal, 8(4), 27-32.

Crumbley, D. L. (2001). Forensic accounting: Older than you think, Journal of Forensic Accounting, 11(2), 181-202.

Doost, R. (1999). The missing links in accounting education, Managerial Auditing Journal, 14(3), 93-115.

Gammie, B., Gammie, E., & Cargill, E. (2002). Personal skills development in the accounting curriculum, Accounting Education: An International Journal, 11(1), 63-78.

Gray, R., & Collison, D. (2002). Can’t see the wood from the trees, can’t see the trees from the numbers? Critical Perspectives on Accounting, 13(5), 797-836.

Howieson, B. (2003). Accounting practice in the new millennium: Is accounting education ready to meet the challenge? The British Accounting Review, 35(1), 69-103.

Karreman, G. H. (2007). GAE 2007: Trends in global accounting education. In J. T. Ahern, Jr., J. G. Kuijl, & I. F. Y. Marrian (Eds.), (pp. 1–136).

Khan, T. (2013). Sustainability accounting courses, Talloires Declaration and academic research, International Journal of Sustainability in Higher Education, 14(1), 42-55.

Mandilas, A., Kourtidis, D., & Petasakis, Y. (2014). Accounting curriculum and market needs, Education + Training, 56(8/9), 776-794.

McPeak, D. P., & Sundem, G. L. (2012). The international accounting education standards board: influencing global accounting education, Issues in Accounting Education, 27(3), 743-750.

Mohamed, E., & Lashine, S. (2003). Accounting knowledge and skills and the challenges of a global business environment, Managerial Finance, 29(7), 3-16.

Parker, L. (2007). Professionalisation and UK accounting education: academic and professional complicity – a commentary on ‘Professionalizing claims and the state of UK professional accounting education: Some evidence’ Accounting Education: An International Journal, 16(1), 43-46.

Peterson, B. K., & Reider, B. P. (2001). An examination of forensic accounting courses: Content and learning activities, Journal of Forensic Accounting,, 2(1), 25-42.

Rezaee, Z. (2002). Forensic accounting practices, education, and certifications, Journal of Forensic Accounting, 3(2), 207-223.

Rezaee, Z., Larry Crumbley, D., & Elmore, R. (2004). FORENSIC ACCOUNTING EDUCATION. In B. J. Schwartz, Advances in Accounting Education Teaching and Curriculum Innovations (Advances in Accounting Education (Vol. 6, pp. 193-231). Bingley: Emerald Group Publishing Limited.

Robson, G., Savage, H., & Schffer, R. (2003). Accounting education: changing skill sets to meet modern needs. Catalyst, 1(July-August), 26-29.

Sugahara, S., & Watty, K. (2016). Global convergence of accounting education: An exploratory study of the perceptions of accounting academics in Australia and Japan, Asian Review of Accounting, 24(3), 254-273.

Sundem, G. (1994). Scholarship in four dimensions, Chartered Accountant Magazine, 127(3), 39-44.

Washer, P. (2007). Revisiting key skills: a practical framework for higher education, Quality in Higher Education, 13, 57-67.

Watty, K. (2005). Quality in accounting education: what say the academics? Quality assurance in education, 13(2), 120-131.


  • There are currently no refbacks.

Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Editorial Office:

Educational Research Multimedia & Publications,
S.N. 21, Plot No 24, Mirza Ghalib Road Malegaon Nasik,
Maharashtra India - 423203.
+919764558895 (whatsapp),,

Copyrights © 2010-2020 - ERM Publications, India     

This work is licensed under