Importance of Accounting Education and Its Issues

Running head: IMPORTANCE OF ACCOUNTING EDUCATION AND ITS ISSUES
Importance of accounting education and its issues
Name of the Student
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Author’s Note

1IMPORTANCE OF ACCOUNTING EDUCATION AND ITS ISSUES
Abstract
The present research proposal focuses on the significance of the accounting education and its
issues. Accounting has been one of the vital functions that is performed by accountants within
the business organizations. The accounts maintained by the organizations management are
mainly the base for financial statements preparation, which are then reviewed by the stakeholders
for making decisions relating to business investments. The first section highlights on the research
aims and objectives and research problem. The second segment reviews on the literature relating
to this topic, which involves- overview of accounting education, significance of accounting
education and its issues. The third segment reflects on the methods adopted for conducting the
research study. The parimary data collection method has been adopted for doing this research
study.

2IMPORTANCE OF ACCOUNTING EDUCATION AND ITS ISSUES
Table of Contents
Abstract............................................................................................................................................1
Introduction......................................................................................................................................3
Research problem............................................................................................................................4
Research Questions..........................................................................................................................4
Research objectives.........................................................................................................................5
Literature Review............................................................................................................................5
Research Methodology..................................................................................................................12
Research Design........................................................................................................................12
Research Type...........................................................................................................................13
Research Approach....................................................................................................................13
Data collection Plan...................................................................................................................14
Sampling Plan............................................................................................................................14
Data Analysis.............................................................................................................................15
Ethical consideration.................................................................................................................15
Conclusion.....................................................................................................................................15
References......................................................................................................................................17
Appendix........................................................................................................................................21

3IMPORTANCE OF ACCOUNTING EDUCATION AND ITS ISSUES
Introduction
The research proposal intends to analyze the importance of accounting education and its
issues. In the past few years, globalization in business along with advancement in technologies
has led to several changes in the way the accountants carry out their work. It is important to
research this topic as it will help to know the facts behind this profession shifting from
traditional accounting job activities to high- valued added activities that involve- improvement of
procedure, long- term planning and goods profitability. Due to change in accounting education
system in various economies, new challenges have raised specially for the accountants. This is
because the business owners of the enterprises have huge expectations from these accounting
experts in respect of their ability to perform accounting decision- making jobs. Globalization of
the markets and information technology are the main factors that require several changes in
accounting education system and research. In this 21st century, accounting education system
create several issues to the accountant’s education in rapidly changing business environment.
This study however focuses on the problem of implementing information technology (IT)
knowledge as well as skills in accounting curriculum. The real problem that this research seek to
resolve is the gap between the accounting practice within the business enterprise and the
accounting education provided by the educational institutions.
The first section of this research proposal focuses on the background of the study,
problem of research, aims and objectives of research. The second segment of this study reviews
on the literature of the research topic. The methods that would be adopted while conducting the
research topic is also discussed in the third segment of this study. The last section of this study
draws conclusion on the research topic from various findings of the articles.

4IMPORTANCE OF ACCOUNTING EDUCATION AND ITS ISSUES
Research problem
The problem statement of the research proposal is to examine the significance of the
accounting education and its problems that have evolved in the present business environment.
The problem regarding accounting education is that most of the educational institutions do not
usually attach significance towards R&D (research and development activities) of the accounting
education. Due to this, the accounting education mainly suffers advent of innovations as well as
dimensions in the accounting technology (Holderness, et al., 2013). Moreover, there has been
increasing gap between the accounting education and accountants work in practice. The gap
between expected and actual skills of the accountants is recognized as being caused due to
improper accounting education. The educational institutions providing accounting courses are
mainly failing to prepare the accountants future to face turbulent competitive environment. This
in creates several problems within the business operations of an enterprise.
Research Questions
This research study will help to address the following research problems.
 Do appropriate accounting education provided by the educational institutions will help to
improve accountants practice in business?
 Do issues and challenges in accounting education adversely affect the accountants job in
practice?
 If policy implementation by government help to reduce the gap between the accounting
education provided by educational institutions and accountants job in practice?

5IMPORTANCE OF ACCOUNTING EDUCATION AND ITS ISSUES
Research objectives
The main objectives of this research study is to assess the significance of accounting
education and its issues. The purpose of thus research proposal to provide an overview on the
changes as well as restructure of the accounting education curriculum according to the emerging
requirements of the industries. The sub- objectives of this specific research study are –
 To examine the requirement of accounting education in the countries
 To identify the current position of the accounting curriculum in the educational as well as
professional institutions
 To identify the issues and challenges of the accounting education
 To discuss the significance of the policy implementation in the accounting education
Hypothesis
Null Hypothesis: Proper accounting education influence the accountant’s job in their
practice.
Alternative Hypothesis: Proper accounting education does not influence the accountant’s
job in their practice.
Literature Review
Overview of the accounting education
Since the year 1990, the accounting educational course has been taken into account as the
main feature for the educational as well as professional institutions. The professional bodies
provide accounting education to the professionals. The accountant’s job has become highly
complex, ever- changing and demanding in the business environment. Development of software
has provided accountants more time for allocating to interpretation of the financial information