Adapting accounting education to evolving business paradigm-an Indian perspective

IF 1.9 Q2 EDUCATION & EDUCATIONAL RESEARCH
Abhishek Nanjundaswamy, M.S. Divyashree, Neethu Suraj, Abhinandan Kulal, Habeeb Ur Rahiman, Rashmi Kodikal
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引用次数: 0

Abstract

Purpose

This study examines the need for an accounting curriculum to evolve in response to the changing business landscape. Specifically, this study aims to explore the relationship between various market forces, the shifting dynamics of business, and the importance of adapting accounting education to these changes.

Design/methodology/approach

This study is a combination of both quantitative and qualitative research. A structured questionnaire was administered to 320 professionals to gather data, and the study employed descriptive analysis, one-sample t-tests, and structured equation modeling to analyze the relationship between the variables.

Findings

The findings reveal a strong correlation between business transformation and the imperative to adapt accounting education. This study emphasizes the significance of modifying accounting curricula to align with the current market trends. Furthermore, this study addresses the pressing concern of sustainability and the triple bottom line (TBL), advocating specialized education in sustainability accounting programs.

Research limitations/implications

Despite its contributions, this study acknowledges a limitation in its focus solely on the perceptions of professionals and academicians regarding the impact of business transformation on accounting education, without directly examining the prevailing accounting education system. Future research should address this limitation by undertaking a qualitative exploration of the actual accounting education landscape and market requirements.

Practical implications

The implications of the study span the theoretical, regulatory, environmental, and social domains, stressing the need for educational institutions, regulatory bodies, and industry to collaborate in shaping competent and future-ready accounting professionals. A systematic approach would validate and extend the findings of this study, providing deeper insights into the transformative processes necessary to enhance accounting education in response to evolving business landscapes and environmental dynamics.

Originality/value

The outcome of the study assists educational institutions and regulatory bodies in framing policies to adapt accounting education to the evolving business landscape by updating the accounting curriculum as per the changes in the market forces to make graduates relevant and competent.

使会计教育适应不断演变的商业模式--印度视角
目的本研究探讨了会计课程为应对不断变化的商业环境而不断发展的必要性。具体而言,本研究旨在探讨各种市场力量、不断变化的商业动态之间的关系,以及使会计教育适应这些变化的重要性。研究采用了描述性分析、单样本 t 检验和结构方程模型来分析变量之间的关系。研究结果研究结果表明,企业转型与调整会计教育的必要性之间存在密切联系。本研究强调了修改会计课程以适应当前市场趋势的重要性。此外,本研究还探讨了可持续发展和三重底线(TBL)这一紧迫问题,倡导在可持续发展会计课程中开展专门教育。研究局限/影响尽管本研究做出了贡献,但它也承认存在局限性,即本研究仅关注专业人士和学者对商业转型对会计教育影响的看法,而没有直接考察现行的会计教育体系。实际意义本研究的意义涵盖理论、监管、环境和社会领域,强调教育机构、监管机构和行业有必要合作,共同培养有能力、为未来做好准备的会计专业人员。本研究的成果有助于教育机构和监管机构制定政策,使会计教育适应不断变化的商业环境,根据市场力量的变化更新会计课程,使毕业生具有相关性和能力。
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来源期刊
Journal of Applied Research in Higher Education
Journal of Applied Research in Higher Education EDUCATION & EDUCATIONAL RESEARCH-
CiteScore
4.50
自引率
11.80%
发文量
63
期刊介绍: Higher education around the world has become a major topic of discussion, debate, and controversy, as a range of political, economic, social, and technological pressures result in a myriad of changes at all levels. But the quality and quantity of critical dialogue and research and their relationship with practice remains limited. This internationally peer-reviewed journal addresses this shortfall by focusing on the scholarship and practice of teaching and learning and higher education and covers: - Higher education teaching, learning, curriculum, assessment, policy, management, leadership, and related areas - Digitization, internationalization, and democratization of higher education, and related areas such as lifelong and lifewide learning - Innovation, change, and reflections on current practices
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