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Journal articles on the topic 'Australian accounting profession'
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Guthrie, James, Elaine Evans, and Roger Burritt. "Australian accounting academics: challenges and possibilities." Meditari Accountancy Research 22, no. 1 (July 14, 2014): 20–37. http://dx.doi.org/10.1108/medar-09-2013-0038.
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Purpose – The purpose of this paper is to provide a thought-provoking, attention-directing diegesis about the quality of the experience for those working as academic accounting scholars. Design/methodology/approach – Using storytelling by the authors as narrators and a literature review, this paper examines challenges to, and possibilities for, accounting academics. Findings – The study reveals a number of possibilities for the sustainability of the accounting academy in Australia, all of which rely on the symbiotic relations between the three elements of the profession – practitioners, policymakers and academics – to prepare accounting and business professionals for the future. Research limitations/implications – The study is limited to the Australian context of academic accountants and, therefore, the identified possibilities for accounting academics in other contexts may differ. Practical implications – This paper identifies the challenges for contemporary accounting academics in Australia and presents opportunities for sustainability of the Australian accounting academy. Originality/value – This paper uses a story to explore its overarching theme of the quality of the academic experience for accounting academics in Australia. The story is developed from the authors’ combined experiences of > 80 years as accounting academics who are also actively engaged with the profession.
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Cobbin, Phillip E., and Geoffrey H. Burrows. "A progressive traditionalist: Sir Edwin Van-Der-Vord Nixon CMG, Accountant, (1876–1955)." Accounting History 25, no. 1 (March 1, 2019): 134–59. http://dx.doi.org/10.1177/1032373219830430.
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This article contributes to remedying the paucity of biographical information about Australian luminary accounting figures in the first half of the twentieth-century, a period of enormous change and development in the accounting profession, particularly in relation to its organisational structure, international links, literature, intellectual base, education and role in relation to government in both peace- and war-time. It is argued that no individual luminary is more neglected by biographers, yet deserving of extended biographical treatment, than Sir Edwin Van-der-Vord Nixon, one of the great figures in Australian accounting, whose eponymous firm was a critical antecedent to the present day EY Australia. Nixon’s career spanned the crucially important ‘coming of age’ period in Australian accounting. The key evolutionary developments in Australian accounting that provided the foundation for the modern profession are the backdrop against which Nixon’s lifelong career in accounting can be observed.
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Carnegie, Garry D., and Scott A. Varker. "EDWARD WILD: ADVOCATE OF SIMPLIFICATION AND AN ORGANISED PROFESSION IN COLONIAL AUSTRALIA." Accounting Historians Journal 22, no. 2 (December 1, 1995): 131–49. http://dx.doi.org/10.2308/0148-4184.22.2.131.
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As far as can be established, Edward Wild's book, Bookkeeping by Double Entry Made Easy, was the second book on accounting to be published in Australia. Apart from the presentation of his simplified system of double entry bookkeeping, Wild advocated the establishment of an organised Australian accounting profession in his book. This paper examines the life and career of Wild and describes and analyses the content of his book. The book is placed within the local Victorian context. Possible influences on Wild's writing are examined and the possible influence of Wild on later developments in Australian accounting is addressed.
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Inglis, Robert, Marita Shelly, Clive Morley, and Paul De Lange. "A collective, undifferentiated accounting profession: an Australian study." Accounting & Finance 51, no. 3 (June 15, 2011): 711–31. http://dx.doi.org/10.1111/j.1467-629x.2011.00429.x.
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McDowall, Tracey, and Beverley Jackling. "Attitudes towards the accounting profession: an Australian perspective." Asian Review of Accounting 18, no. 1 (May 18, 2010): 30–49. http://dx.doi.org/10.1108/13217341011045999.
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Egan, Matthew. "LGBTI staff, and diversity within the Australian accounting profession." Sustainability Accounting, Management and Policy Journal 9, no. 5 (November 5, 2018): 595–614. http://dx.doi.org/10.1108/sampj-07-2017-0069.
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Purpose Large accounting firms lay claim today to a broad focus on staff diversity and inclusion. Related initiatives focus on gender, culture, age and sexuality. This paper aims to seek insight from publicly available discourse provided by the “Big 4” in Australia (Deloitte, Ernst and Young, KPMG and PwC), along with two second-tier firms, into the nature and drivers of diversity initiatives for lesbian, gay, bisexual, transgender and intersex (LGBTI) staff. Design/methodology/approach Web-based discourse provided as at May 2017 is examined and analysed. Findings All six firms provided a range of related disclosures, suggesting that a cultural shift for LGBTI staff was underway. Detail provided on actual policies and procedures was limited, and a struggle was suggested, between balancing the needs of diverse staff, with concerns for some, perhaps, more conservative clients. Some repositioning of arguments was suggested, focussed on shifting responsibility to staff and on shifting the object of celebration from staff to the firm. Research limitations/implications This study is limited to an interpretation of carefully constructed publicly disclosed statements. Further studies could explore the lived experience of these apparent changes with staff. Practical implications Recruitment and staff retention continue to be on-going challenges within the accounting profession. This study provides insight into initiatives targeted to support LGBTI staff. Social implications Availing space to bring ‘whole selves’ into the workplace is an important element of creating a pleasant, comfortable and engaging environment for staff. This study provides insight into the perspective of employers on the importance of such initiatives. Originality/value Little attention has been directed to exploring sexual diversity in the workplace or to sexuality within accounting studies.
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Curran, Michael, and Prem W. S. Yapa. "Examining the Taxation Profession in Australia – A Framework." Australasian Business, Accounting and Finance Journal 15, no. 3 (2021): 3–22. http://dx.doi.org/10.14453/aabfj.v15i3.2.
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This paper examines the nature of the taxation profession in Australia and its development over the past three decades and then suggests a framework to analyse important initiatives that have taken place during this period. Using secondary sources and the organizing principles of State, Market and Community (Puxty et al., 1987), we begin with the subject of tax policies and legislation introduced by the state and its impact on the tax profession in Australia. We follow this with a discussion relating to the recognition of Australian tax practice as a profession. The paper then focusses on two key areas of professional development during the last three decades, namely: tax law and tax administration. The paper finds interesting issues relating to professionalization of taxation in Australia. With the involvement of the state, market and the society over the last three decades, there is a requirement to recognise taxation practice as a profession in Australia. The paper suggests that the establishment of the Tax Practitioners Board[1], a statutory body to regulate the taxation profession in Australia, in conjunction with approved professional associations, may have enhanced the effective maintenance of the tax profession which has contributed to social, political and economic development in Australia. [1] The Minister for Revenue and Financial Services appoint the Board, so there is some degree of control by the state.
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Wilkinson, Sara, Hera Antoniades, and Dulani Halvitigala. "The future of the Australian valuation profession." Property Management 36, no. 3 (June 18, 2018): 333–44. http://dx.doi.org/10.1108/pm-04-2017-0026.
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PurposeValuers face significant challenges as processes become automated and the role evolves to data handling and processing. To survive and thrive, valuers must respond to a changing market. The purpose of this paper is to examine the issues, threats and challenges facing the Australian profession, though the issues are global.Design/methodology/approachThis qualitative research sought a deeper understanding of the threats, challenges and new areas of practice that Australian valuers were experiencing. A focus group approach was designed to collect data from practitioners in Sydney and Melbourne. The research aimed to identify new knowledge and skills for the future and emerging trends and practices.FindingsThe key issues, threats and challenges faced included increasing use of automated valuation models for low-risk residential valuations, valuers being unable to protect themselves against the banks, loss of control of the data and valuations. In total, 12 knowledge domains and skills required in the future were established and ten emerging trends and practices were identified.Research limitations/implicationsThe key limitations were that participants were from Melbourne and Sydney in Australia only and the focus is NSW and Victoria centric, although many participants have international work experience. There was an under representation of rural valuers, of small valuation firms, of young, recently joined or qualified valuers and females.Practical implicationsThe findings inform a manifesto for the future which sets out the practical implications for valuers and the professional body. This action plan sets the new knowledge domains, practices and trends that can be adopted by the profession and its members.Originality/valueThis is the original research and highlights some real threats, issues and challenges facing the Australian valuers. It complements work undertaken by legal and accounting professional bodies, which sense change affecting their membership and services. A manifesto for action has been outlined to address the changes that are coming and those already here.
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Wilkinson, Sara, Dulani Halvitigala, and Hera Antoniades. "Educators, professional bodies and the future of the valuation profession." Property Management 36, no. 4 (August 20, 2018): 389–99. http://dx.doi.org/10.1108/pm-04-2017-0027.
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Purpose Valuers face significant challenges as valuation becomes automated and the role evolves from economic analysis to data handling and processing. The purpose of this paper is to identify new knowledge and skills Valuers will need in the future and the role of professional bodies and educators in meeting future challenges in Australia, although the issues are considered global. Design/methodology/approach This qualitative research sought a deeper understanding of the issues, threats, challenges, opportunities, new areas of practice and knowledge that Valuers were experiencing with a view to identifying the role of professional bodies, industry and educators to meet the challenges. A focus group approach was adopted to collect data from practitioners in Sydney and Melbourne. Findings The roles of the professional body the Australian Property Institute, industry/employers and educators to meet these future challenges were identified. Changes are required to degree programme content in respect of digital technologies and statistical knowledge and skills. Continuing professional development programmes are required to address knowledge and skills gaps in existing practitioners. Research limitations/implications In this study, key limitations were that focus group participants were from Melbourne and Sydney only, and the focus is NSW and Victoria centric, although many participants have international work experience. Overall there was under representation of rural Valuers, of small valuation firms, of young, recently joined or qualified Valuers and females. Originality/value This is original research and highlights some real threats, issues and challenges facing the Australian Valuers. It complements work undertaken by legal and accounting professional bodies who perceive change and uncertainty affecting membership and services. To address and where, appropriate, embrace the changes that are coming and those already here, a manifesto for action for educators and the professional body is established.
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Hayes, Colleen, and Kerry Jacobs. "The processes of inclusion and exclusion." Accounting, Auditing & Accountability Journal 30, no. 3 (March 20, 2017): 565–92. http://dx.doi.org/10.1108/aaaj-04-2015-2024.
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Purpose The purpose of this paper is to revisit the issue of the entry of women into the Anglo-Australian accounting profession in the Second World War and provide insights on the role that gender, class, and ethnicity played in mediating women’s relations with the accounting profession in that period. Design/methodology/approach The study is based on the narratives of three women from diverse social backgrounds who entered the Anglo-Australian profession during this period. Findings The analysis indicates that while participants had the mindset needed for accounting work, the more removed the individual’s perceived social identity was from her perception of the dominant British, white, middle-class ideology of the profession, the less likely she was to embrace the opportunity to join the accounting profession. The distance was anchored in social (ethnicity and class) and historical forces. The study also finds that the appropriation of education and credentials ameliorated disadvantages accruing from gender and working-class status. Practical implications This study has implications for our understanding of the accounting profession and what is required to reduce the risks of marginalization in a contemporary setting. Originality/value The study provides a richer understanding of how class and ethnicity shape the female experience differently. The results also demonstrate that in times of social change, the processes of inclusion and exclusion are not confined to the deliberations of the accounting profession but also the individual. Whether the women valued accounting as an occupation depended on whether or not if offered them the freedom to achieve what they valued most. At the same time, however, the freedom to realize what they valued most was a function of class and ethnicity. Finally, the results demonstrate the capacity of unique experience to shape the perceptions, aspirations and actions of women.
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Kapardis, M., and A. Kapardis. "Co-Regulation of Fraud — Detection and Reporting by Auditors in Australia: Criminology's Lessons for Non-Compliance." Australian & New Zealand Journal of Criminology 28, no. 2 (June 1995): 193–212. http://dx.doi.org/10.1177/000486589502800205.
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All companies (other than exempt proprietary ones) are required by the Corporations Law to have their books audited. For about 150 years there has been a controversy surrounding the auditors' role — whether they should be functioning as a ‘watchdog’ or a ‘bloodhound’. In recent years the auditing profession in Australia has been experiencing a credibility crisis. A spate of much publicised corporate collapses in the late 1980s at a time of economic recession has been instrumental in: (i) the Australian Securities Commission (ASC) adopting more heavy-handed ways of policing auditing standards; (ii) rocketing audit fees; and (iii) the accounting bodies redefining their role and revising auditing standards. This paper focuses on current approaches to regulating the auditing profession, and discusses their effectiveness, drawing on the criminological literature relevant to professional advisers, white collar illegality, and deterrence.
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Jackling, Beverley. "Are Negative Perceptions of the Accounting Profession Perpetuated by the Introductory Accounting Course? — an Australian Study." Asian Review of Accounting 10, no. 2 (February 2002): 62–80. http://dx.doi.org/10.1108/eb060758.
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Sidhu, Jasvinder, Peta Stevenson-Clarke, Mahesh Joshi, and Abdel Halabi. "Failure to unify Australia’s leading accounting professional bodies." Journal of Management History 26, no. 4 (May 22, 2020): 491–514. http://dx.doi.org/10.1108/jmh-07-2019-0046.
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Purpose The purpose of this paper is to provide a historical account of four unsuccessful merger attempts between Australia’s two major professional accounting bodies over a 30-year period (1969 to 1998), each of which ultimately failed. An analysis of the commonalities and differences across the four attempts is provided and social identity theory is used to explain the differences between members level of support for these merger bids. Design/methodology/approach This study adopts a qualitative approach using a historical research methodology to source surviving business records from public archives and other data gathered from oral history interviews. Findings The study found that, across all four merger attempts between Australia’s two professional accounting bodies, there was strong support from society members (the perceived lower-status group) and opposition exhibited by institute members (the perceived higher-status group). This study also found that the perceived higher-status organisation always initiated merger discussions, while its members rejected the proposals in the members’ vote. Research limitations/implications This paper focusses on the Australian accounting profession, considering a historical account of merger attempts. Further research is required that includes interviews and surveys of those involved in making decisions regarding merger attempts. Originality/value This paper is the first to examine in detail these four unsuccessful merger attempts between the largest accounting organisations in Australia.
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PARKER, LEE D. "An Historical Analysis of Ethical Pronouncements and Debate in the Australian Accounting Profession." Abacus 23, no. 2 (September 1987): 122–38. http://dx.doi.org/10.1111/j.1467-6281.1987.tb00145.x.
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Jackling, Beverley, and Riccardo Natoli. "Employability skills of international accounting graduates." Education + Training 57, no. 7 (September 14, 2015): 757–73. http://dx.doi.org/10.1108/et-08-2014-0093.
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Purpose – The purpose of this paper is to report on the perceptions of internship providers with respect to the employability skills of international accounting graduates that undertake a Professional Year Program (PYP) incorporating a 12-week (240 hour) internship. Design/methodology/approach – The study involved a survey of internship providers that required open and closed responses addressing perceptions of the skill of interns and rating of satisfaction with the PYP program as an employment preparation program. Findings – The results indicate that from the internship providers’ perspective the most highly developed skill of interns is team skills. However, over 40 percent of respondents indicated that interns had failed to demonstrate the capacity to be “work ready” with respect to business acculturation, capacity to handle unfamiliar problems and communication skills. One-third of respondents had ongoing concerns with the PYP as a means of preparing Australian educated international graduates for work in the accounting profession. Practical implications – There was evidence of a need for a more cohesive theoretical underpinning of the internship program as a means of enhancing the transition from study to work. Originality/value – This study was the first independent study to examine perceptions of a PYP incorporating an internship program to enhance the employability of international accounting graduates who seek professional recognition in Australia. The study provides insights of internship providers of the employability skills of international graduates. The results are timely given the emergence of the demand for relevant work experience enabling international students to enhance their employability globally.
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Hecimovic, Angela, Nonna Martinov-Bennie, and Peter Roebuck. "The Force of Law: Australian Auditing Standards and Their Impact on the Auditing Profession." Australian Accounting Review 19, no. 1 (March 2009): 1–10. http://dx.doi.org/10.1111/j.1835-2561.2008.00038.x.
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Kend, Michael, and Lan Anh Nguyen. "Big Data Analytics and Other Emerging Technologies: The Impact on the Australian Audit and Assurance Profession." Australian Accounting Review 30, no. 4 (May 20, 2020): 269–82. http://dx.doi.org/10.1111/auar.12305.
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Reinstein, Alan, Carl J. Pacini, and Brian Patrick Green. "Examining the Current Legal Environment Facing the Public Accounting Profession: Recommendations for a Consistent U.S. Policy." Journal of Accounting, Auditing & Finance 35, no. 1 (January 9, 2017): 3–25. http://dx.doi.org/10.1177/0148558x16680717.
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We examine the recent history and trends of U.S. auditor liability to third parties to help regulators and legislators develop policies to protect and maintain audit quality while limiting auditor liability exposure. Although the United States has yet developed a formal policy to address auditor liability, some European Union member countries and Australia, in varying degrees, support such limitation. Thus, we also explore current EU and Australian policies as examples of potential recommendations to U.S. policy makers. In light of a litigious environment, U.S. Certified Public Accounting firms generally accept potential clients only after analyzing potential risks, dismiss many risky clients, raise their total or hourly fees, spend more time examining attestation evidence, and perform other procedures to reduce their litigation risk. This risk arises largely from the federal and state legal systems, assuming that auditors can better absorb and control losses from misleading financial statements than can financial statement users. While culpable, this litigious environment led to the demise of two large international Certified Public Accounting firms—Arthur Andersen and Laventhol & Horwath. Is the global economy better off having fewer accounting firms with the capacity to perform international audits? A Public Company Accounting Oversight Board’s recent Exposure Draft would require auditors of issuers to expand significantly their audit reports beyond current Pass/Fail standards, which could increase audit firms’ disclosures and resultant liabilities. After examining U.S. federal and state statutes plus court decisions regarding auditor liability, we suggest methods to protect the public while allowing audit firms to thrive in these environments.
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Chua, Wai Fong, and Andrew Sinclair. "INTERESTS AND THE PROFESSION-STATE DYNAMIC: EXPLAINING THE EMERGENCE OF THE AUSTRALIAN PUBLIC SECTOR ACCOUNTING STANDARDS BOARD." Journal of Business Finance & Accounting 21, no. 5 (July 1994): 669–705. http://dx.doi.org/10.1111/j.1468-5957.1994.tb00343.x.
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Teoh, Hai-Yap, and Ferdinand A. Gull. "PERCEPTIONS OF AUSTRALIAN FINANCE MANAGERS ON THE IMPACT OF ADVERTISING ON THE ACCOUNTING PROFESSION: SOME EMPIRICAL EVIDENCE." Accounting & Finance 25, no. 2 (November 1985): 41–55. http://dx.doi.org/10.1111/j.1467-629x.1985.tb00139.x.
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Warren-Myers, Georgia. "Sustainability evolution in the Australian property market." Journal of Property Investment & Finance 34, no. 6 (September 5, 2016): 578–601. http://dx.doi.org/10.1108/jpif-04-2016-0025.
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Purpose The relationship between sustainability and value in property has been a major area of investigation over the past decade. However, in spite of the extant literature and research, the connections made by valuers in practice of the value relationship are still unresolved. The purpose of this paper is to investigate, in the Australian context, valuers’ perception of the relationship between sustainability and value; and their experience and knowledge of sustainability in valuation practice. Design/methodology/approach The research investigates valuers’ perception and knowledge of sustainability and its inclusion in valuation practice in Australia. The approach uses a longitudinal survey of valuers from 2007 to 2015 tracking valuers’ knowledge, understanding, inclusion of sustainability reporting and the perceptions of the relationship between sustainability and market value. Findings This paper presents findings from a longitudinal survey that has been conducted in Australia since 2007, identifying changes between 2007, the height of the property market and sustainability engagement prior to the global financial crisis, and the subsequent years to 2015. The growth of sustainability in the property market is significant, however, valuers’ knowledge and reporting on sustainability is not demonstrating the same level of development. As a result, this is inhibiting valuers reporting on sustainability and has implications for practice and treatment of market values. Practical implications This research highlights the need to examine how to assist valuers to more rapidly develop knowledge and experience to reflect the implications of change in practice. Current approaches being developed in the UK and Europe, like the introduction of RenoValue professional development programs and guidance documents, to assist valuers to develop their knowledge needs to be implemented in the Australian environment as current approaches are inadequate, and steps need to be taken in order to assist their development of knowledge and experience as the market demonstrates growth and acceptance of sustainability. This research identifies the need to re-examine how professional development is undertaken and knowledge developed by those practicing in the profession in Australia. Originality/value This longitudinal survey is the only research that has spanned a substantial period of time attempting to ascertain valuers’ perception of the relationship between sustainability and value; and attempts to track the knowledge development of valuers in the context of sustainability. The findings identify how the market is developing and adhering to a product model development theory, however, also identifies more fundamental issues and implications for valuation praxis, in the development of knowledge and ability of valuers to adapt to change and reflect these valuations.
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Egan, Matthew, and Dale Tweedie. "A “green” accountant is difficult to find." Accounting, Auditing & Accountability Journal 31, no. 6 (August 20, 2018): 1749–73. http://dx.doi.org/10.1108/aaaj-03-2017-2891.
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Purpose The purpose of this paper is to empirically explore how accountants can contribute to organisational sustainability initiatives. Design/methodology/approach The paper adopts a critical case study methodology, focused on a large Australian company in which senior management sought to engage accounting staff in an internal sustainability reporting initiative focused on eco-efficiency. Bourdieu’s concepts of habitus, capitals and field enable a relational analysis of the findings. Findings While accountants adapted well to early changes aligned to cost efficiency, they struggled to engage with more creative sustainability improvements. The paper explains both adaptions and constraints as interactions between accountants’ professional habitus, capitals and their broader organisational field. Prior strategies to engage accountants (e.g. training) only partially address these factors. Practical implications The accounting profession has persistently urged members to contribute to organisational sustainability initiatives. This paper provides insight into how organisations might combine professional acculturation and appropriate capitals to advance this agenda. Social implications Although eco-efficiency is only one potential element of comprehensive organisational sustainability management, the paper’s insights into engaging accountants contributes to understanding how broader social sustainability agendas might be advanced. Originality/value The study addresses calls for empirical insights into how accountants can contribute to corporate sustainability practices. Prior studies have polarised between interpreting accountants as either enablers or barriers to sustainability change. This paper explores how shifting configurations of habitus, capital and organisational field can enable either outcome.
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Bayerlein, Leopold, and Mel Timpson. "Do accredited undergraduate accounting programmes in Australia meet the needs and expectations of the accounting profession?" Education + Training 59, no. 3 (March 13, 2017): 305–22. http://dx.doi.org/10.1108/et-04-2016-0074.
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Purpose The purpose of this paper is to assess the overall alignment of undergraduate accounting degree programmes from all Certified Practicing Accountants Australia and Chartered Accountants Australia and New Zealand accredited higher education providers in Australia with the profession’s minimum educational expectations (MEEs). Design/methodology/approach The paper uses a series of quantitative and qualitative analyses to determine whether or not the content and focus of these programmes prepares students for contemporary accounting practice. Findings The results of these analyses demonstrate that most accredited undergraduate accounting degrees in Australia are largely unaligned with the profession’s expectations, with 18 (out of 57) degree programmes showing no overlap between their learning outcomes and the profession’s MEEs. In addition, only two (out of 57) programmes are shown to address all of the profession’s minimum expectations. A subsequent analysis of the focus and structure of the evaluated degree-level learning outcomes revealed additional inconsistencies between the interpretation of individual MEEs by the profession and the higher education sector. Originality/value This paper demonstrates that accredited undergraduate degrees are predominantly unable to prepare students for entry into the accounting profession, and that the prior efforts to align accounting curricula with the profession’s needs and expectation have thus far been largely unsuccessful. The findings of this paper are relevant for higher education providers and the accounting profession because they reflect the current level of alignment between the content and focus of undergraduate accounting education and the profession’s expectations. In addition, the findings of this paper highlight that the current accreditation process of the professional accounting bodies in Australia does not generate the desired alignment between academia and accounting practice.
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Chua, W. F., and C. Poullaos. "The dynamics of “closure” amidst the construction of market, profession, empire and nationhood: An historical analysis of an Australian accounting association, 1886–1903." Accounting, Organizations and Society 23, no. 2 (February 1998): 155–87. http://dx.doi.org/10.1016/s0361-3682(97)00009-3.
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Carey, Peter John. "External accountants’ business advice and SME performance." Pacific Accounting Review 27, no. 2 (April 7, 2015): 166–88. http://dx.doi.org/10.1108/par-04-2013-0020.
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Purpose – This study aims to investigate whether “small- and medium-sized enterprises” (SMEs) benefit from their external accountants’ business advice through enhanced firm performance. Most SMEs draw on external support, and their main advisors are external accountants (Bennett and Robson, 1999). The resource-based view of the firm suggests that firms will seek external support if they perceive a gap in their internal resources. Design/methodology/approach – Data were collected from a questionnaire mailed to a random sample of Australian SMEs, defined as businesses having between 5 and 200 full-time employees. Findings – An analysis of 380 survey respondents confirms a positive relationship between the voluntary purchase of business advice and SME performance, and that SME performance is further enhanced when business advice is purchased jointly with auditing. These relationships apply to the small (5-49 employees) but not to the medium-sized (50-200 employees) businesses. Findings are consistent with smaller firms having narrower resource bases and thus a greater need to source business advice. Practical implications – The accounting profession has long encouraged a broadening of its service base, and evidence that small businesses perceive a performance benefit from their accountants’ business advice provides support for the profession’s strategy. Originality/value – This research extends the empirical literature investigating the link between the business advice of an external accountant and SME performance. It explains small firms’ demand for business advice by extending the application of the resource-based view of the firm and provides new evidence consistent with “knowledge spillover” from auditing to business advice in the small firm environment.
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Hindle, Kevin, and Neil Cutting. "Can Applied Entrepreneurship Education Enhance Job Satisfaction and Financial Performance? An Empirical Investigation in the Australian Pharmacy profession." Journal of Small Business Management 40, no. 2 (April 2002): 162–67. http://dx.doi.org/10.1111/1540-627x.00048.
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Carnegie, Garry D., John Richard Edwards, and Brian P. West. "Understanding the dynamics of the Australian accounting profession: A prosopographical study of the founding members of the Incorporated Institute of Accountants, Victoria, 1886 to 1908." Accounting, Auditing & Accountability Journal 16, no. 5 (December 2003): 790–820. http://dx.doi.org/10.1108/09513570310505998.
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Bowles, Marcus, Samrat Ghosh, and Lisa Thomas. "Future-proofing accounting professionals: Ensuring graduate employability and future readiness." Journal of Teaching and Learning for Graduate Employability 11, no. 1 (February 6, 2020): 1–21. http://dx.doi.org/10.21153/jtlge2020vol11no1art886.
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Key global and Australasian bodies have reported research suggesting the accounting profession is one of the most vulnerable to disruption through automation and changed business models. For universities seeking to improve the employability of graduates and professional bodies seeking to support professional members on a successful lifelong career, the research presented in this paper reconfirmed the need to reappraise the capabilities that would enhance professional practice and lead to sustained careers. This report presents the findings from a validation process across Australia and New Zealand that includes 2,074 responses to a survey conducted by Chartered Accountants 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 paper outlines how this research will not only inform continuing professional education for members but also help refine the design of post-graduate curriculum and continuing professional development.
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Bowles, Marcus, Samrat Ghosh, and Lisa Thomas. "Future-proofing accounting professionals: Ensuring graduate employability and future readiness." Journal of Teaching and Learning for Graduate Employability 11, no. 1 (February 6, 2020): 1–21. http://dx.doi.org/10.21153/jtlge2020vol11no1art888.
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Key global and Australasian bodies have reported research suggesting the accounting profession is one of the most vulnerable to disruption through automation and changed business models. For universities seeking to improve the employability of graduates and professional bodies seeking to support professional members on a successful lifelong career, the research presented in this paper reconfirmed the need to reappraise the capabilities that would enhance professional practice and lead to sustained careers. This report presents the findings from a validation process across Australia and New Zealand that includes 2,074 responses to a survey conducted by Chartered Accountants 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 paper outlines how this research will not only inform continuing professional education for members but also help refine the design of post-graduate curriculum and continuing professional development.
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Spennemann, Dirk H. R., Melissa Pike, and Maggie J. Watson. "Bird impacts on heritage buildings." Journal of Cultural Heritage Management and Sustainable Development 8, no. 1 (February 6, 2018): 62–75. http://dx.doi.org/10.1108/jchmsd-07-2016-0042.
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Purpose There is much anecdotal evidence that birds and their droppings are a major problem for the heritage profession. The purpose of this paper is to examine how serious heritage practitioners consider the bird impact to be. Design/methodology/approach An online survey was conducted of 59 Australian heritage professionals of between one and >20 year’s experience in the field. Findings Bird impacts were not considered of major concern to buildings. The longer experience a practitioner had, the less likely the impacts were considered an issue. Feral pigeons were deemed the most problematic, followed by cockatoos, starlings, swallows, seagulls, mynas, sparrows, cormorants, ibis, ducks and birds of prey. The professionals ranked common deterrent methods. The highest-ranking deterrents were bird netting and bird spikes, but they were only considered moderately effective. The costs of installation and maintenance, as well the ease of installation, were all deemed significantly less important than the physical impact, the aesthetic sympathy and the effectiveness of a deterrent method. Practical implications This study indicates that the impact of birds on buildings in Australia may be of less concern than previously thought, and may be driven by other factors (i.e. aesthetics, commercial companies) rather than actual effects. Originality/value This is first study of its kind that surveyed the experiences of a wide range of heritage practitioners.
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Jogulu, Uma, and Lavanya Vijayasingham. "Women doctors, on working with each other." Gender in Management: An International Journal 30, no. 2 (April 13, 2015): 162–78. http://dx.doi.org/10.1108/gm-09-2013-0115.
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Purpose – This exploratory study aims to explore the perceptions and experience of women doctors on working with each other and draw attention to their ‘voice’ on this issue. The equivocal and limited nature of relevant literature piqued our curiosity on how women perceive working with each other in work settings, particularly within the medical profession. Design/methodology/approach – Twelve women doctors within Australian public hospitals were interviewed through semi-structured informal interviews to “voice” their experiences and views on the comforts and discomforts of working with other women doctors. Their responses were compared to literature to determine similarities and uniqueness of their experiences to women in other settings. Findings – Insights from the respondent’s perceptions and experiences highlight several constructive and negative aspects of working alongside women doctors. Social and psychological constructs of being a “woman” and being a “woman doctor” as well as systemic/cultural issues of the medical fraternity formed how the women in this series of interviews perceived and related to the women doctors they worked with. Research limitations/implications – This exploratory provides initial insights into the experiences of women doctors on working with each other. Many themes identified have been explored in other settings. Hospital as a workplace, presents many similar work dynamics when considering the work interactions of women in other settings. This study should be used to drive more rigorous enquiry and a larger sample size. Practical implications – The working relationships women build with each other influence individual careers and organizational outcomes. Understanding the dynamics that improve and hinder the development of constructive work relationships between women can strengthen women-focused managerial and organizational policies and practices. Originality/value – The consolidation of literature coupled with the exploratory insights of this research contributes to a limited depth of existing literature not only in the medical profession, but in other industries and settings as well.
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Reddy, Wejendra. "Evaluation of Australian industry superannuation fund performance; asset allocation to property." Journal of Property Investment & Finance 34, no. 4 (July 4, 2016): 301–20. http://dx.doi.org/10.1108/jpif-12-2015-0084.
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Purpose – Property is a key investment asset class that offers considerable benefits in a mixed-asset portfolio. Previous studies have concluded that property allocation should be within the 10-30 per cent range. However, there seems to be wide variation in theory and practice. Historical Australian superannuation data shows that the level of allocation to property asset class in institutional portfolios has remained constant in recent decades, restricted at 10 per cent or lower. This is seen by many in the property profession as a subjective measure and needs further investigation. The purpose of this paper is to compare the performance of the AU$431 billion industry superannuation funds’ strategic balanced portfolio against ten different passive and active investment strategies. Design/methodology/approach – The analysis used 20 years (1995-2015) of quarterly data covering seven benchmark asset classes, namely: Australian equities, international equities, Australian fixed income, international fixed income, property, cash and alternatives. The 11 different asset allocation models are constructed within the modern portfolio theory framework utilising Australian ten-year bonds as the risk free rate. The Sharpe ratio is used as the key risk-adjusted return performance measure. Findings – The ten different asset allocation models perform as well as the industry fund strategic approach. The empirical results show that there is scope to increase the property allocation level from its current 10-23 per cent. Upon excluding unconstrained strategies, the recommended allocation to property for industry funds is 19 per cent (12 per cent direct and 7 per cent listed). This high allocation is backed by improved risk-adjusted return performance. Research limitations/implications – The constrained optimal, tactical and dynamic models are limited to asset weight, no short selling and turnover parameters. Other institutional constraints that can be added to the portfolio optimisation problem include transaction costs, taxation, liquidity and tracking error constraints. Practical implications – The 11 different asset allocation models developed to evaluate the property allocation component in industry superannuation funds portfolio will attract fund managers to explore alternative strategies (passive and active) where risk-adjusted returns can be improved, compared to the common strategic approach with increased allocation to property assets. Originality/value – The research presents a unique perspective of investigating the optimal allocation to property assets within the context of active investment strategies, such as tactical and dynamic models, whereas previous studies have focused mainly on passive investment strategies. The investigation of these models effectively contributes to the transfer of broader finance and investment market theories and practice to the property discipline.
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Gavens, John J., and Robert W. Gibson. "AN AUSTRALIAN ATTEMPT TO INTERNATIONALIZE ACCOUNTING PROFESSIONAL ORGANIZATIONS." Accounting Historians Journal 19, no. 2 (December 1, 1992): 79–102. http://dx.doi.org/10.2308/0148-4184.19.2.79.
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In 1928, the beginnings were laid for the International Accountants Corporation and Bookkeepers Institute of Australasia. This was followed in a few years by the International Institute of Accountants. This was an ambitious move to internationalize the professional accounting organizations of the world from Australia. There was an immediate reaction in the United Kingdom and then from the established Australian national professional organizations. The account and analysis of the subsequent events demonstrates how established organizations will respond to threats of this kind to their power and position.
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Lubbe, Ilse. "Towards a global model of accounting education – a South African case study." Journal of Accounting in Emerging Economies 10, no. 4 (September 7, 2020): 601–20. http://dx.doi.org/10.1108/jaee-01-2020-0017.
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PurposeThe purpose of this paper is to provide a contextual analysis of the professional accounting education system of South Africa (SA).Design/methodology/approachThe paper uses the Global Model of Accounting Education (Watty et al., 2012) to describe the accounting education system of SA, which is then compared with similar case studies of Australia, Japan and Sri Lanka. Information about the SA accounting education system is contextualised from multiple sources, using data triangulation.FindingsSeveral similarities between the SA accounting education system and that of Australia are found, such as the role and involvement of the professional bodies in the accreditation processes, with less similarities with that of Japan and Sri Lanka. The comparisons illuminate the economic development of each country and the level of involvement in the education programmes by the profession. Specific challenges in SA include the entrance hurdles to higher education and emphasis on an accounting degree.Practical implicationsThe application of the Global Model of Accounting Education helps to identify the similarities in the global accounting arena and illuminates the uniqueness of the SA accounting education system. This study illustrates the establishment of an accounting education system that aligns with the International Education Standards (IESs).Originality/valueThe study contributes to the discussions around challenges in accounting education, specifically those associated with accreditation and a strong controlling relationship between academe and the profession.
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Carnegie, Garry D., Peter Foreman, and Brian P. West. "F.E. VIGARS' STATION BOOK-KEEPING: A SPECIALIST AUSTRALIAN TEXT ENABLING THE ADAPTATION AND TRANSFER OF ACOUNTING TECHNOLOGY." Accounting Historians Journal 33, no. 2 (December 1, 2006): 103–30. http://dx.doi.org/10.2308/0148-4184.33.2.103.
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Studies of early Australian accounting texts and their authors have yet to be augmented by examinations of the subsequent specialist books which were written to guide accounting practice within specific domains, such as the pastoral and mining industries. This study examines the contents, use, and influence of an early specialist pastoral accounting text entitled Station Book-keeping, which was published in Australia in five editions over the period 1900 to 1937. The life and career of the book's author, Francis Ernest Vigars, are also outlined. Station Book-keeping described and advocated a comprehensive system of double-entry accounting for pastoral stations and is posited as a key medium by which this technology was adapted and transferred for use by these entities. In turn, it is argued that Vigars' book, by extending the use of conventional accounting technique, facilitated greater involvement by professional accountants within a major Australian industry.
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Leoni, Giulia. "Rudimentary capital budgeting for a utopian Italian colony in Australia: Accounting as an advocating device." Accounting History 26, no. 3 (March 30, 2021): 386–408. http://dx.doi.org/10.1177/1032373220981422.
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Accounting historiography has often paid attention to individuals for their pivotal roles in the development of accounting practice and thought; however, little is known about individuals using accounting outside the traditional professional domain. This study explores the use of accounting calculations by a non-professional accountant, the intellectual Melchiorre Peccenini, who advocated his utopian project of an Italian colony in Australia in a book published in Melbourne. By analysing his life and context, as well as his writings and use of calculations, the article reveals how accounting was embedded in the intellectual discourse of an individual and became an advocating device. With its results, this investigation contributes to the accounting biography tradition by extending its boundaries to include ordinary individuals who can provide new insights into accounting as a multi-purpose device.
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Tucker, Basil P., and Stefan Schaltegger. "Comparing the research-practice gap in management accounting." Accounting, Auditing & Accountability Journal 29, no. 3 (March 21, 2016): 362–400. http://dx.doi.org/10.1108/aaaj-02-2014-1601.
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Purpose – The purpose of this paper is to compare and contrast perceptions about the research-practice “gap” as it may apply within management accounting, from the perspective of professional accounting bodies in Australia and Germany. Design/methodology/approach – The findings reported in this paper is based on the collection and analysis of data from interviews with 19 senior representatives from four Australian Professional bodies and 14 representatives of German Professional accounting bodies. Findings – In Australia and Germany, there exist common as well as unique barriers preventing a more effective engagement of academic research with practice. Common to both countries is the perception that the communication of research represents a major barrier. In Australia, practitioner access to academic research is seen to be a principal obstacle; in Germany, the relevance of topics researched by academics is perceived to represent a significant barrier to academic research informing practice. Research limitations/implications – This paper directly engages with, and extends recent empirically based research into the extent to which academic research may “speak” to management accounting practice. It extricates both common and specific barriers contributing to the oft-quoted “research-practice gap” in management accounting, and points to the pivotal nature of an intermediary to act as a conduit between academics and practice. Originality/value – By investigating this issue in two quite different cultural, educational, academic and practice contexts, this paper provides much-needed empirical evidence about the nature, extent and pervasiveness of the perceived research-practice gap in management accounting, and provides a basis for further investigation of this important topic.
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Lombardi, Luisa. "Disempowerment and empowerment of accounting: an Indigenous accounting context." Accounting, Auditing & Accountability Journal 29, no. 8 (October 17, 2016): 1320–41. http://dx.doi.org/10.1108/aaaj-08-2015-2167.
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Purpose The purpose of this paper is to examine the disempowering and/or empowering role of accounting in the context of Indigenous Australians. Design/methodology/approach A total of 31 interviewees participated in this study, which included 18 self-identified Indigenous Australians and 13 non-Indigenous Australians. A qualitative research methodology, and in particular an oral history method, was chosen because of its ability to support a deeper and richer form of inquiry. Bourdieu’s concepts provide the framework for mobilizing and analyzing the findings of this study. Findings The damaging role of accounting in the context of Indigenous peoples has largely stemmed from non-Indigenous peoples providing accounting services for Indigenous peoples. The evidence and analysis provided by this study postulates a constructive way forward of accounting’s role in contributing to the empowerment of Indigenous Australians. Research limitations/implications Limitations include being a non-Indigenous researcher conducting research in an Indigenous context, which may have prevented some interviewees from feeling comfortable to openly share their experiences and insights. Practical implications As this study’s findings have supported the theory that accounting skills can be used in an empowering way when used “by” Indigenous peoples, Indigenous Australians should be actively supported by the accounting bodies to gain the qualifications needed for membership of the accounting profession. Originality/value This study contributes to the expanding accounting literature that locates the role of accounting in the context of Indigenous peoples by proposing accounting as a tool of empowerment.
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Guthrie, James, and Lee D. Parker. "The global accounting academic: what counts!" Accounting, Auditing & Accountability Journal 27, no. 1 (January 2, 2014): 2–14. http://dx.doi.org/10.1108/aaaj-10-2013-1504.
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Purpose – This editorial aims to consider the global accounting academic and the environment in which we research and teach, including consideration of the challenges that confront us now and into the future. Design/methodology/approach – Document review, personal reflections and argument. Findings – The paper acknowledges that the accounting academic has an important role to play in a global higher education system. However, challenges include government research performance measurement systems, journal ranking lists, lack of funding for quality teaching and research, life as a “cash cow” for universities, the impact of the virtual university and its impact on professional practice, the profession and society in general. These factors carry direct implications for the current shape and orientation of accounting research and scholarship. Research limitations/implications – The paper offers scope for accounting academics to engage with the profession and society as to the impact of their teaching and research, not only in Australia, but internationally. Originality/value – The paper provides important commentary on the global accounting academic and what counts.
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Gilligan, George Peter. "SOX as a window on transference of corporate governance norms across jurisdictions." Northern Ireland Legal Quarterly 60, no. 4 (March 13, 2020): 403–19. http://dx.doi.org/10.53386/nilq.v60i4.497.
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This paper considers the issue of the transference of norms across jurisdictions in corporate governance contexts through the lens of an Australian case study. The paper focuses on the impacts of the United States of America (US) legislation the Sarbanes-Oxley Act 2002 (SOX) from an Australian perspective. The paper draws on a series of semi-structured interviews (n=14), with senior personnel of: accounting firms; business organisations; consumers; financial exchanges; government; institutional investors; investment banks; law firms; private investors; professional associations; and regulators. The findings from the study are that key stakeholders in Australia have taken notice of SOX and its effects in the US, but that the influence of SOX in specifically Australian contexts has been limited. The general perception in Australia seems to be that SOX has had some flaws in its inception and in its subsequent delivery in the US, but also that it has produced some positive outcomes. However, domestic factors and influences are overwhelmingly more important in shaping how financial regulation and corporate governance evolve in Australia. Therefore, it seems that SOX does not signify in any substantive way a regulatory hegemony emanating from the US that determines financial market regulation or the evolution of corporate governance in Australia.
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Edward Pickering, Mark. "Accounting firm partners to public corporation employees." Journal of Accounting & Organizational Change 11, no. 1 (March 2, 2015): 96–129. http://dx.doi.org/10.1108/jaoc-11-2012-0116.
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Purpose The purpose of this paper is to explore the implications on former accounting firm partners becoming employees of a publicly owned accounting corporation, the responses of the former partners and impacts on the acquiring company. Partners of accounting and other professional service firms selling their firms to publicly owned companies often remain with the acquiring company as employees and receive company shares as consideration for their firms. Agency theory suggests public ownership will result in changes to the roles of senior professionals with potential resistance and motivation consequences. Design/methodology/approach This paper uses a case study approach involving the review of publicly available information and interviews with executives and senior professionals of an Australian publicly owned accounting company, Stockford Limited. Findings The Stockford case indicates that selling their firm to a publicly owned company can have significant negative implications for accounting firm partners. The former partners struggled to adapt to their new roles as senior professional employees and shareholders. Their responses had significant impacts on company performance, which ultimately contributed to the collapse of the company, thus reflecting the power senior professionals retain regardless of the change of ownership form. Research limitations/implications Care is required when generalising findings of a single case to other professions and other geographic jurisdictions. Practical implications This paper has significant implications for entrepreneurs and executives consolidating professional service firms, partners considering selling their firms and investors in publicly owned professional service firms. Originality/value Despite the emergence of publicly owned accounting and other professional service companies and the importance and power of senior professionals in professional service firms, this is the first study to explore the implications on senior professionals of selling their firms to public companies.
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Zhao, Shuming, Cathy Sheehan, Helen De Cieri, and Brian Cooper. "A comparative study of HR involvement in strategic decision-making in China and Australia." Chinese Management Studies 13, no. 2 (June 3, 2019): 258–75. http://dx.doi.org/10.1108/cms-08-2018-0643.
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Purpose The purpose of this paper is to address gaps in the knowledge about human resource (HR) professional involvement in strategic decision-making in China compared with that in Australia. Design/methodology/approach First, the authors compare the strategic involvement of Chinese and Australian HR professionals. Second, based on the upper echelon theory, the authors compare the impact of chief executive officer (CEO) and top management team (TMT) between both countries on HR involvement in strategic decision-making. Data were collected from matched pairs of HR and TMT executives in China (n = 168) and in Australia (n = 102). Findings Results indicate a difference, despite of no statistical significance, in HR involvement in strategic decision-making between Chinese and Australian samples. TMT behavioural integration was positively related to HR involvement in strategic decision-making in a collectivistic culture (i.e. in China), but not in an individualistic culture (i.e. in Australia). However, CEO support for HRM was positively related to HR involvement in strategic decision-making in Australia, whereas it is not related in China. Originality/value The paper conducts a comparative study and practical, and research implications are discussed at the end.
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Poon, Joanna, and Michael Brownlow. "Competency expectations for property professionals in Australia." Journal of Property Investment & Finance 32, no. 3 (April 1, 2014): 256–81. http://dx.doi.org/10.1108/jpif-12-2013-0068.
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Purpose – The aim of this paper is to identify the competency expectations for property professionals in Australia. It further discusses differences in competency expectations between property professionals who have different professional backgrounds, such as valuers or non-valuers, and property professionals who work in different sectors or different-sized companies and who have differing amounts of experience. The competencies identified in this paper include knowledge areas, skills and attributes. Design/methodology/approach – This paper presents the research findings of a questionnaire survey sent to Australian Property Institute members, which aimed to gather Australian property professionals' views on the knowledge, skills and attributes required to perform their roles effectively. The percentage of the respondents who provided different choices of given answers for each of the 31 knowledge areas, 20 skills and 21 attributes was identified and discussed. The professional backgrounds of the respondents were also identified to see whether these impact on competency expectations for property professionals. Content analysis was used to analyse written comments collected in the questionnaire. Findings – The most important categories of knowledge, skill and attribute for Australian property professionals are valuation, effective written communication and practical experience, respectively. The least important are international real estate, second language and creativity. Knowledge of rural valuation is very important in Australia, although this has not been mentioned in previous studies. Professional backgrounds have a large influence on Australian property professionals' views on knowledge requirements, but less so on skills and attributes. Practical implications – The findings of this paper can be used as guidance for property professionals in their professional development plan. In addition, property course providers can use the research findings of this paper to inform their curriculum development and redesign. Originality/value – This project is the first to identify the comprehensive competency expectations of property professionals as a whole in Australia. At the same time, it identifies differences in the competency expectations of property professionals who have different professional backgrounds. Similar types of study have been conducted in the UK, the USA, Hong Kong and New Zealand but not yet in Australia. An understanding of the knowledge, skills and attributes required for property professionals is important for continuing professional development, curriculum development and the redesign of relevant property courses in order to maintain performance and competitiveness in the property sector.
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Williams, R. C. "THE CREATION AND FLOTATION OF NOVUS PETROLEUM LTD." APPEA Journal 36, no. 1 (1996): 706. http://dx.doi.org/10.1071/aj95050.
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Novus Petroleum Ltd listed on the Australian Stock Exchange on 24 May 1995 having raised $157.5 million of equity. It was the largest initial public offering (IPO) of an oil company ever undertaken in Australia, and the third largest equity-raising on the Australian market during financial year 1994-5.The creation of Novus involved the creation of a team of professional advisers comprising ANZ McCaughan (broker), Indosuez Australia (financial adviser), Ernst and Young (accounting and taxation adviser), Phillips Fox (legal adviser) and Fern Consultants (technical adviser). During the period from mid 1994 to May 1995, the team identified and procured a portfolio of producing and exploration assets (including shares in over 30 oil and gas fields); negotiated sale and purchase, underwriting, loan and other necessary agreements; wrote and issued a prospectus and performed the necessary due diligence and other processes involved with a public equity offering; and marketed the stock in the new company globally.The success of the IPO is attributed to having a very clear business focus and strategy, a diverse portfolio of quality assets, a strong and experienced management team, good earnings arithmetic and a strong balance sheet. Delivery of the success is attributed to the commitment and enthusiasm of the professional team involved with the float process.
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Santoso, Andre Lesmana. "PERAN PEMBELAJARAN DALAM PENERAPAN KURIKULUM BARU DI JURUSAN AKUNTANSI FBE UNIVERSITAS SURABAYA PADA PERIODE 2013-2015 UNTUK MENYIAPKAN FRESH GRADUATE DALAM MEMENUHI TUNTUTAN PROFESIONALISME AKUNTAN." CALYPTRA 5, no. 2 (March 1, 2017): 72. http://dx.doi.org/10.24123/jimus.v5i2.3078.
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Abstrak - Tujuan dari penelitian ini adalah melihat dan mengevaluasi peran pembelajaran jurusan akuntansi FBE Universitas Surabaya untuk menyiapkan fresh graduate dalam memenuhi tuntutan profesionalisme akuntan. Penelitian ini menggunakan pendekatan kualitatif dan kuantitatif. Penelitian ini dilakukan dengan menggunakan metode interview, analisis dokumen, dan kuesioner. Hasil analisis dari penelitian ini menunjukkan peran pembelajaran jurusan akuntansi FBE Ubaya yang masih kurang sesuai dengan tuntutan kebutuhan fresh graduate saat ini terutama dalam memenuhi tuntutan profesionalisme akuntan dan masih membutuhkan perbaikan maupun pengembangan. Tuntutan para pemberi kerja juga masih kurang dapat dipenuhi oleh jurusan akuntansi terutama dalam hal soft skills dan pemahaman mengenai teknologi untuk menyiapkan fresh graduate yang siap kerja. Oleh karena itu, masih terdapat beberapa perbaikan dan pengembangan yang harus dilakukan oleh jurusan akuntansi Ubaya dan perguruan tinggi lainnya sesuai dengan penelitian di Australia, Iran, dan Amerika.
Kata Kunci: Accounting Education Problem, Education Lag, Accounting Profession, Accounting Curriculum
Abstract - The aim of this study is to see and evaluate the role of learning FBE Ubaya accounting department to prepare fresh graduates to meet the demands of professional accountants. This study uses qualitative and quantitative approaches. This research was conducted using interviews, document analysis, and questionnaires. Analytical results from this study will demonstrate the role of learning FBE Ubaya accounting majors who are still not in accordance with the demands of today's fresh graduates, especially in meeting the demands of professionalism of accountants and still in need of improvement and development. The demands of employers is also still less can be met by the accounting department, especially in terms of soft skills and understanding of the technology to prepare fresh graduates are ready for work. Therefore, there are still some improvements and development to be done by the Ubaya accounting department and other college in accordance with the research in Australia, Iran, and America.
Keywords: Accounting Education Problem, Education Lag, Accounting Profession, Accounting Curriculum
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Stanley, Trevor. "Bridging the Gap between Tertiary Education and Work: Situated Learning in Accountancy." Issues in Accounting Education 28, no. 4 (June 1, 2013): 779–99. http://dx.doi.org/10.2308/iace-50527.
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ABSTRACT In professions such as teaching, health sciences (medicine, nursing), and built environment, significant work-based learning through practica is an essential element before graduation. However, there is no such requirement in professional accounting education. This paper reports the findings of an exploratory qualitative case study of the implementation of a Workplace Learning Experience Program in Accountancy at the Queensland University of Technology (QUT) in Australia. The interview-based study documents the responses of university students and graduates to this program. The study demonstrates that a 100-hour work placement in Accountancy can enhance student learning. It highlights the potential value of the application of sociocultural theories of learning, especially the concept of situated learning involving legitimate peripheral participation (Lave and Wenger 1991). This research adds to a small body of empirical accounting education literature relating to the benefits of work placements prior to graduation. The effectiveness of this short, for credit, unpaid program should encourage other universities to implement a similar work placement program as a form of pre-graduation learning in professional accounting education.
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Martinov‐Bennie, Nonna, Jeffrey Cohen, and Roger Simnett. "Impact of the CFO's affiliation on auditor independence." Managerial Auditing Journal 26, no. 8 (September 6, 2011): 656–71. http://dx.doi.org/10.1108/02686901111161322.
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PurposeThe purpose of this paper is to examine the potential impact of two affiliation factors, as encapsulated by the chief financial officer's (CFO) prior organizational (alumnus vs non‐alumnus) and professional background (audit vs non‐audit ex‐partner), on auditor independence in post‐Enron and post‐HIH era.Design/methodology/approachThe study is a 2×2 factorial between subjects experimental design with 52 audit partners and managers as participants. The two manipulated independent variables are client CFO prior firm affiliation (alumni vs non‐alumni) and professional background (audit partner vs non‐audit partner providing taxation, accounting and other non‐audit services).FindingsThe results of the study do not appear to signal loss of independence and professional skepticism in auditors' judgment when dealing with an alumni or ex‐auditor CFO. On average, auditors' endorsement of the client's preferred aggressive accounting treatment is low and the audit adjustment is material and significantly greater than the client's proposed adjustment.Originality/valueThe 2001 corporate collapses of Enron in the USA and HIH in Australia have reshaped the auditing profession. HIH, the most publicized corporate fraud in Australia resulting in estimated losses of $5 billion, was partly blamed on Arthur Andersen yielding to management's aggressive accounting policies and failure to display independence as a result of close relationships between the former partners and the audit team. As distinct from a number of prior studies conducted pre‐Enron and pre‐HIH, the results of this study, conducted with experienced audit professionals in Australia, do not support a loss of independence and professional skepticism by auditors in the current post‐Enron and post‐HIH environment and are consistent with the findings of the only other recent experimental study by Kerler III and Killough examining the closeness of the auditor‐client relationship. The results are also consistent with results of recent archival studies which find a decline in earnings management behavior, either because of reduced management incentives or reduced auditor willingness to consent. The evidence of this study lends supports to the latter explanation.
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ABEYSEKERA, INDRA. "Accounting Meets Politics: Theoretical Interpretation of Key Events (1940-2003) of the Accounting Profession in Australia." Australian Accounting Review 16, no. 40 (November 2006): 66–74. http://dx.doi.org/10.1111/j.1835-2561.2006.tb00327.x.
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Tingey-Holyoak, Joanne, and John D. Pisaniello. "Water accounting knowledge pathways." Pacific Accounting Review 31, no. 2 (April 1, 2019): 258–74. http://dx.doi.org/10.1108/par-01-2018-0004.
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Purpose There are increasing demands on professional accountants in practice to generate water accounts for clients using knowledge from other disciplines within and outside their firms. Whilst many professional service firms have a broad range of in-house and consulting expertise, professional groups within and between these organisations may not be generating and sharing the knowledge required for successful water accounting. The purpose of this paper is to explore how additional disciplinary skills for water volumetric measurement, understanding of licensing and allocations can effectively and efficiently be shared between the disciplines required to be involved. Design/methodology/approach Two cross-sectional semi-structured surveys developed using a social network lens were disseminated to Australian accountants operating in professional services firms, and the results were descriptively analysed. Findings The authors find that, whilst accounting and engineering are acknowledged as core disciplines for water accounting, there is a need for more standardised measures and frameworks across diverse scales to fit in with current reporting practices and meet stakeholder needs. These need to be nested in a water accounting regulatory model that includes the accountancy professional bodies as a platform for knowledge generation and sharing. Originality/value The paper provides evidence of perceived barriers to and pathways for interdisciplinary knowledge networks for a new type of accounting. It demonstrates how regulatory frameworks can potentially assist rather than impede accountants in their contribution to solving of complex corporate sustainability problems.
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Sidhu, Jasvinder, Garry D. Carnegie, and Brian West. "Australia's divided accounting profession: The 1969 merger attempt and its legacy." British Accounting Review 53, no. 3 (May 2021): 100975. http://dx.doi.org/10.1016/j.bar.2021.100975.
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