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ACCOUNTING MAJORS’ PERCEPTIONS OF FUTURE CAREER SKILLS. Abbie Gail Parham, CPA, CMA, CFM Thomas G. Noland, PhD, CPA, CMA, CDFM Julia Ann Kelly. PRIOR RESEARCH 2000 Albrecht and Sack Accounting Education: Charting the course through a perilous future 2003 Francisco, Kelly, Parham
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ACCOUNTING MAJORS’ PERCEPTIONS OF FUTURE CAREER SKILLS Abbie Gail Parham, CPA, CMA, CFM Thomas G. Noland, PhD, CPA, CMA, CDFM Julia Ann Kelly
PRIOR RESEARCH 2000 Albrecht and Sack Accounting Education: Charting the course through a perilous future 2003 Francisco, Kelly, Parham Skills development in accounting education:Is everyone on the same page? 2006 Society for Human Resource Management Are they ready to work? Employers’ perspectives on the basic knowledge and applied skills of new Entrants to the 21st century U.S. workforce 2007 Robert Half International Financial Leadership Council New age skills for accounting professionals 2008 Glynn and Wood Assessment of critical business skill development by MBA alumni
RESEARCH DESIGN Designed to compare accounting majors’ perceptions of skills against other students Students were asked to rank the importance of 42 skills on a scale of 1 to 5 Compared responses of various majors Identified significant differences between types of students
RESEARCH RESULTS: MEAN RANKINGS OF TOP NINE SKILLS BY ALL MAJORS
RESEARCH RESULTS: MEAN RANKING OF TOP NINE SKILLS BY ACCOUNTING MAJORS
RESEARCH RESULTS: SKILLS RANKED AS UNIMPORTANT BY ALL MAJORS
RESEARCH RESULTS: SKILLS RANKED AS UNIMPORTANT BY ACCOUNTING MAJORS
CONCLUSIONS • Results are mixed for the accounting profession • Many skills that accounting majors ranked as important are not surprising • Skills that accounting majors ranked as unimportant are shocking • Accounting curriculum needs to refined to address these “unimportant” skills