Pathways Discussion Page

engaging the broad accounting community

This is a public committee  publicRSS


    Susan V Crosson
    Feedback from the Mississippi Society of CPAs Accounting...
    discussion posted November 14, 2010 by Susan V Crosson, last edited February 10, 2012 
    2248 Views, 1 Comment
    Feedback from the Mississippi Society of CPAs Accounting Educators Symposium

    Below are comments made by participants at the MSCPAs conference October 29, 2010:

    -Need effective presentations and resources for teaching accounting, i.e., topical videos for advanced tax topics

    -Need better pedagogy i.e., a practice set to create a not-for-profit so in class can review disparate answers.

    -Need more authentic assignments i.e., Management accounting business memo.  Students need to be able to filter for relevant info, formulate key questions, present alternative solutions, and support recommendations.

    -Need to change the perceptions of high school guidance counselors, i.e., Career preference tests are based on 1950s DOL profiles which are no longer relevant about what accountants do!

    -Need to recognize what accounting is being outsourced to the third world and what our value proposition is.

    -What should be done about high school students that are not top notch that want to do accounting?

    -Current accounting students are not prepared to do accounting in practice—need more internship experience!

    -Accounting grads should be work ready!

    -Look at accounting:business curriculum….should it be 50:50?

    -Students need step by step experience in how to conduct an audit so can learn to think beyond checking off the step on the audit checklist.

    -What can be done about the international regulatory barriers?

    -What can be done about the barriers to obtaining international experience?

    -What responsibilities does the accounting profession have for regulation?  Are we thought leaders in new regulations and laws?

    -K-12 GenEd should include business and accounting, why doesn’t it?  What can be done?

    -PhD shortage-are there enough faculty to teach?  Are enrollments rising?  Is ADS working?  What else can be done?

    -Current faculty should promote the academy as a profession choice.

    -Current Accreditation [credentialing] of faculty is NOT what the profession needs

    -Curriculum should allow for different professional pathways: public, private, academic….one size or emphasis does not fit all!

    -Can we afford to provide different pathways? 

    -How to teach emerging topics, i.e., reconciling book to tax income becoming more difficult due to fair value accounting.

    -There should be one accounting license for US—broad credential.  Granted at national level not state level.

    There should be other credentials for SEC versus non SEC work skills…



    • Cindy Cruz

      Thanks Susan! This is great for Prelim Issue #2 (Skillsets needed)