Sometimes in teaching beginning accounting, we focus so much on the nuts and bolts of financial statements, recording transactions, and learning the accounting standards that we forget to put the topic in the context of students careers. Students in their twenties will likely spend 35 years or more in the workforce.
If they are successful they will reach positions of substantial authority in industry or public accounting in 10 or 15 years. Their world will look very different than the one that most of we instructors faced when we were of similar age. In the recent years, I have reflected on what the will be the “Big Picture” faced by these students and how it will differ from what I faced as a young accountant. In this Trends, I look back to the 1980s and at the important studies in that decade that have attempted to shape the future of accounting education.
This article is from the Accounting Instructor’s Resource, an electronic journal that provides teaching tips and insights to those who teach accounting and other business courses.
Author: Belverd E. Needles, Jr., Ph.D., CPA