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

Authored book

Hancock, Philip, Howieson, Bryan, Kavanagh, Marie, Kent, Jenny, 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. Perth, Western Australia. University of Western Australia.
Book Title

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

Book CategoryAuthored book
ERA Publisher ID1055
AuthorsHancock, Philip (Author), Howieson, Bryan (Author), Kavanagh, Marie (Author), Kent, Jenny (Author), Tempone, Irene (Author) and Segal, Naomi (Author)
Volume1
Number of Pages150
Year2009
PublisherUniversity of Western Australia
Place of PublicationPerth, Western Australia
ISBN9780646516912
Web Address (URL)http://www.altc.edu.au/project-accounting-future-more-uwa-2007
Abstract

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.

Keywordsaccounting education; communication; critical thinking; professional training; accounting skills
ANZSRC Field of Research 2020390303. Higher education
350199. Accounting, auditing and accountability not elsewhere classified
390499. Specialist studies in education not elsewhere classified
Byline AffiliationsUniversity of Western Australia
University of Adelaide
School of Accounting, Economics and Finance
Charles Sturt University
Swinburne University of Technology
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Kavanagh, Marie H. and Drennan, Lyndal. 2008. "What skills and attributes does an accounting graduate need? Evidence from student perceptions and employer expectations." Accounting and Finance. 48 (2), pp. 279-300. https://doi.org/10.1111/j.1467-629x.2007.00245.x
The whole of university experience: retention, attrition, learning and personal support interventions during undergraduate business studies
Willcoxson, Lesley, Manning, Mark, Wynder, Monte, Hibbins, Ray, Joy, Sally, Thomas, Jan, Leask, Betty, Girardi, Antonia, Sidoryn, Tristana, Cotter, Julie, Kavanagh, Marie, Troedson, David and Lynch, Bernadette. 2011. The whole of university experience: retention, attrition, learning and personal support interventions during undergraduate business studies. Sydney, Australia. Australian Learning and Teaching Council Limited.
Accounting for the future
Hancock, Phil, Howieson, Bryan, Kavanagh, Marie, Kent, Jenny, Tempone, Irene and Segal, Naomi. 2010. "Accounting for the future." Evans, Elaine, Burritt, Roger and Guthrie, James (ed.) Accounting education at a crossroads in 2010. Sydney, Australia. Institute of Chartered Accountants in Australia. pp. 54-62
Government outcomes: are residents and the community better off?
Hampson, Veronica M.-M. and Kavanagh, Marie. 2010. "Government outcomes: are residents and the community better off?" Giner, Begona (ed.) 33rd Annual Congress of the European Accounting Association. Istanbul, Turkey 19 - 21 May 2010 Brussels, Belgium.
A literature review of work integrated learning (WIL) in accounting: developments in the last decade and future directions
Leong, Raymond and Kavanagh, Marie. 2010. "A literature review of work integrated learning (WIL) in accounting: developments in the last decade and future directions." Campbell, Matthew (ed.) ACEN 2010: Work Integrated Learning (WIL): Responding to Challenges . Perth, Australia 29 Sep - 01 Oct 2010 Melbourne, Australia.
An assessment model in a business work integrated learning capstone project
Leong, Raymond and Kavanagh, Marie. 2010. "An assessment model in a business work integrated learning capstone project." Campbell, Matthew (ed.) ACEN 2010: Work Integrated Learning (WIL): Responding to Challenges . Perth, Australia 29 Sep - 01 Oct 2010 Melbourne, Australia.
A work integrated learning (WIL) framework to incorporate accounting graduate skills and attributes through accounting and business courses
Leong, Raymond and Kavanagh, Marie. 2010. "A work integrated learning (WIL) framework to incorporate accounting graduate skills and attributes through accounting and business courses." Campbell, Matthew (ed.) ACEN 2010: Work Integrated Learning (WIL): Responding to Challenges . Perth, Australia 29 Sep - 01 Oct 2010 Melbourne, Australia.
Stakeholders' perspectives of the skills and attributes for accounting graduates
Kavanagh, Marie, Hancock, Philip, Howieson, Bryan, Kent, Jenny and Tempone, Irene. 2009. "Stakeholders' perspectives of the skills and attributes for accounting graduates." Segel, Naomi (ed.) 2009 Accounting and Finance Association of Australia and New Zealand Conference (2009 AFAANZ). Adelaide, Australia 05 - 07 Jul 2010 Melbourne, Australia. Accounting & Finance Association of Australia and New Zealand.
Publishing accounting education research
Kavanagh, Marie. 2004. "Publishing accounting education research." 2004 Accounting and Finance Association of Australia and New Zealand Conference (2004 AFAANZ). Alice Springs, Australia 04 - 06 Jul 2004 Melbourne, Vic, Australia. Accounting & Finance Association of Australia and New Zealand.
Graduate attributes and skills: are we as accounting academics delivering the goods?
Kavanagh, Marie and Drennan, Lyndal. 2007. "Graduate attributes and skills: are we as accounting academics delivering the goods?" 2007 Accounting and Finance Association of Australia and New Zealand Conference (2007 AFAANZ). Gold Coast, Australia 01 - 03 Jul 2007 Melbourne, Australia. Accounting & Finance Association of Australia and New Zealand.
What turns students on to accounting? Is it a matter of perceived image and personality?
Baxter, Peter J. and Kavanagh, Marie. 2008. "What turns students on to accounting? Is it a matter of perceived image and personality?" 2008 Accounting and Finance Association of Australia and New Zealand Conference (2008 AFAANZ). Sydney, Australia 06 - 08 Jul 2008 Carlton, Vic, Australia. Accounting & Finance Association of Australia and New Zealand.
Click go the students, click-click-click: the efficacy of a student response system for engaging students to improve feedback and performance
Mula, Joseph M. and Kavanagh, Marie. 2009. "Click go the students, click-click-click: the efficacy of a student response system for engaging students to improve feedback and performance." e-Journal of Business Education and Scholarship of Teaching. 3 (1), pp. 1-17.