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Future-proofing accounting professionals: Ensuring graduate employability and future readiness

Citation

Bowles, M and Ghosh, S and Thomas, L, Future-proofing accounting professionals: Ensuring graduate employability and future readiness, Journal of Teaching and Learning for Graduate Employability, 11, (1) pp. 1-21. ISSN 1838-3815 (2020) [Refereed Article]


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Copyright 2020 The Authors. Licensed under Creative Commons Attribution-NonCommercial 4.0 International (CC BY-NC 4.0) https://creativecommons.org/licenses/by-nc/4.0/

Official URL: https://ojs.deakin.edu.au/index.php/jtlge/article/...

Abstract

Key international and Australasian bodies have reported research suggesting the accounting profession is one of the most vulnerable to disruption through automation and changed business models. But research discussed in this paper confirms that while component parts of an accounting ‘job’ will be replaced by technology, the capabilities required to perform remaining accounting and finance activities would not only endure, they would spread across many non-accounting roles. This report presents the findings from the final stage of a validation process that was conducted by Chartered Accountants Australia and New Zealand (CA ANZ) across Australia and New Zealand. The report confirms 24 capabilities, including six considered essential requirements for every professional seeking to work in accounting, finance, and related work roles. The findings provide evidence that these capabilities, in contrast to recent reports suggesting employment opportunities for accounting graduates are in decline, can create opportunities for sustainable careers. The validation project and survey results provide unexpected insight into the capabilities of different age groups and professionals at different career stages that are considered important. The research outlined in this paper will not only inform continuing professional education for members but also help refine the design of post-graduate curriculum and continuing professional development.

Item Details

Item Type:Refereed Article
Keywords:capabilities, professional capability standards, employability, graduate attributes, soft skills
Research Division:Education
Research Group:Education systems
Research Field:Technical, further and workplace education
Objective Division:Law, Politics and Community Services
Objective Group:Other law, politics and community services
Objective Field:Other law, politics and community services not elsewhere classified
UTAS Author:Bowles, M (Dr Marcus Bowles)
UTAS Author:Ghosh, S (Dr Samrat Ghosh)
ID Code:137280
Year Published:2020
Deposited By:Seafaring and Maritime Operations
Deposited On:2020-02-06
Last Modified:2020-08-12
Downloads:5 View Download Statistics

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