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engaging the broad accounting community

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    Bruce K Behn
    Feedback From Tennessee Society of Accounting Educators...
    discussion posted October 12, 2010 by Bruce K Behn 
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    discussion:
    Feedback From Tennessee Society of Accounting Educators Conference (TSAE)
    details:

    Below are comments made from participants at the TSAE conference:

    - Accountants image needs to be more exciting (Law & Order for accountants).

    - Come up with an automated online auditing system for tax returns to reduce labor costs.

    - Need para - professional designations.

    - Stagnant faculty salaries.

    - Declining math competencies.

    - Complexity overloads (tax, FASB, etc.).

    - Need to increase cooperation between academics and practice.

    - Commission top-heavy with CPAs and academcis, what about others?

    - Need rules simplication.

    - Lack of experience updating opportunities.

    - Big disconnect between academics and standard setting/regulatory community.

    - Empirical research is regularly rewarded over quality educational delivery.

    - Better integration of technology.

    - Need to more attract high caliber students into accounting from high schools.

    - Need to attract more people into accounting Ph.D. programs.

    - Students need more critical thinking skills, problem solving skills, and ethics.

    - Need more awareness that small businesses need accounting skills sets (appears that these are not valued now).

    - Need more specialization in accounting, following medical model.

    - Corporate responsibility and financial integrity need more emphasis in accounting education.

    - Need to get people on board with IFRS.

    - Students need better foundational skills (e.g., math and technology).

    - Compeitition for talent is now global, and our students need a better awareness of this.

    - Need more integration of financial and managerial accounting in educational systems.