Education, Practice and Research in Accounting: Gaps, Closed Loops, Bridges and Magic Accounting

The intention of this paper is to identify and review the main literature contributions in the area of the relationships between accounting education, practice and research. It attempts to draw together the various perceptions, observations and prescriptions in a coherent theme, and to explain the current state of play in terms of systems thinking. The role of accounting research is particularly emphasised in the paper.