Bringing Accounting Curricula Up--to--Date.

Abstract The article focuses on updating of accounting curriculum. Many accounting departments in schools of business have adjusted their curricula to meet these modern requirements or are working in that direction. The reasons for the unsatisfactory situation can be traced back to the early growth of accounting practice and the teaching of accounting at the college level. New professional organizations were established such as the Controllers Institute of America and the National Association of Cost Accountants. But none of these has been able to match the strongly entrenched prestige of the organizations of certified public accountants. Free the accounting curriculum from the present predominant orientation toward financial accounting and the topics included in the CPA examination, and give equal space and time to the other major applications of accounting, particularly in the managerial field. Recognizing what the needs of students are and then adapt the curriculum to meet these needs. In order to do this, it will be necessary to do research to determine what areas of knowledge, if any, can best be imparted in the classroom, and which areas might better be more efficiently and effectively carried on by doctoral students.