Accounting for the future: more than numbers: a collaborative investigation into the changing skill set for professional accounting graduates over the next ten years and strategies for embedding such skills into professional accounting programs: Vols.1 and 2

Hancock, Philip and Howieson, Bryan and Kavanagh, Marie and Kent, Jenny and Tempone, Irene and Segal, Naomi (2009) Accounting for the future: more than numbers: a collaborative investigation into the changing skill set for professional accounting graduates over the next ten years and strategies for embedding such skills into professional accounting programs: Vols.1 and 2. University of Western Australia, Perth, Western Australia. ISBN 9780646516912

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This project is a collaborative investigation into the changing skill set deemed necessary for professional accounting graduates over the next ten years and the strategies for embedding such skills into professional accounting programs. The goals for the 12- month
project were to:
1. Identify whether there is a consensus as to the relative importance of key technical and non-technical skills for graduates of professional accounting programs to meet
the challenges of the profession over the next ten years.
2. Identify the range of non-technical skills required of professional accountants over the next ten years.
3. Identify examples of best practice for the embedding of relevant non-technical skills in professional accounting programs.
4. Widely disseminate findings to accounting academics for use in accounting programs in the higher education sector and to other stakeholders, with presentations at seminars in each mainland state and at AFAANZ conferences.
In the first stage of the project, data were collected from interviews with these key stakeholders: employers of accounting graduates, including all Big 4, some mid-tier /niche and small accounting firms; the three professional accounting bodies; large and small companies; and the public sector across Australia. The project team also interviewed recent graduates and conducted focus group sessions with current accounting students.
Interviews were transcribed and analysed, with the identity of individual participants concealed.
Common themes that emerged across the country were:
1. The technical skills required of graduates were essentially basic accounting skills, like debits and credits, although this varied by size of employers.
2. Non-technical skills were deemed to be very important in accounting graduates, particularly by employers in large organisations; communication, teamwork and self-management were regarded as the most desirable.
3. Graduates’ skills deemed by stakeholders to be the most inadequate were communication and problem solving; their deficiency was also seen to be the most restricting to graduates in their career development.
Volume 2 documents the strategies collected as part of the Accounting for the future: more than numbers ALTC study. The project team distributed a survey to all 38 public universities seeking information about how non-technical skills were being developed and assessed in all the relevant subjects required for accreditation by the professional accounting bodies. Further, respondents were invited to share with the project team initiatives they had implemented for the developments of these non-technical skills. After consultation with contributors, the strategies described in this volume are described in a common format that illustrates the strategy, non-technical skills addressed, learning and teaching rationale, assessment methods, length of time being used, and any evidence
of success plus contact details of the author. However, the format of the presentation has been varied where contributors were not able to supply all details.

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Item Type: Book (Commonwealth Reporting Category A)
Refereed: Yes
Item Status: Live Archive
Additional Information: This work is published under the terms of the Creative Commons Attribution-Noncommercial-ShareAlike 2.5 Australia Licence. Under this Licence you are free to copy, distribute, display and perform the work and to make derivative works. Attribution: You must attribute the work to the original authors and include the following statement: Support for the original work was provided by the Australian Learning and Teaching Council Ltd, an initiative of the Australian Government Department of Education, Employment and Workplace Relations. Non-commercial: You may not use this work for commercial purposes. Share Alike: If you alter, transform, or build on this work, you may distribute the resulting work only under a licence identical to this one. For any reuse or distribution, you must make clear to others the licence terms of this work. Any of these conditions can be waived if you get permission from the copyright holder. To view a copy of this licence, visit Requests and inquiries concerning these rights should be addressed to the Australian Learning and Teaching Council, PO Box 2375, Strawberry Hills NSW 2012 or at Vol.1 Final report Vol.2 Strategies for embedding non-technical skills into the accounting curricula
Faculty / Department / School: Historic - Faculty of Business - School of Accounting, Economics and Finance
Date Deposited: 06 Jan 2010 23:52
Last Modified: 12 Sep 2016 02:18
Uncontrolled Keywords: accounting education; communication; critical thinking; professional training; accounting skills
Fields of Research : 13 Education > 1301 Education Systems > 130103 Higher Education
15 Commerce, Management, Tourism and Services > 1501 Accounting, Auditing and Accountability > 150199 Accounting, Auditing and Accountability not elsewhere classified
13 Education > 1303 Specialist Studies in Education > 130399 Specialist Studies in Education not elsewhere classified
Socio-Economic Objective: C Society > 93 Education and Training > 9399 Other Education and Training > 939908 Workforce Transition and Employment

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