Accounting Education--Present and Future.

Abstract The article focuses on accounting education. In many universities, accounting training has lost sight of the purposes of a university education and has attempted to teach too much technical detail and other minute bits of knowledge, thereby failing to produce the best professional accountants universities are capable of producing. Part of the responsibility lies with the employers of graduates of universities who have exerted strong pressures on accounting faculty members to give them a product that can perform a specific job immediately upon graduation. The quality of university education in accounting has been judged on the basis of the number passing or failing the certified public accountant examination. Lack of leadership qualities in the current university graduates have prompted employers with foresight to look more closely at the intangible qualifications of university graduates that indicate a broad well-rounded person. Employers are mainly looking for student who is able to discipline his thinking to wade through the irrelevant details and concentrate on the important information.