Accounting Education in India: Opportunities and Challenges

Abstract

Now-a-days accounting education is facing many challenges in view of revolutionary changes in accounting education. These are technological changes, professional changes, changes in business environment and updating accounting as science. The aim of accounting education is to enlighten the youngsters about advanced accounting knowledge and promoting the continuous organisational reforms in the area of accounting. Accounting as a reporting information system, the profession can cover micro and macro-economic activities in organisations. Against this backdrop, the paper makes an attempt to i) study and analyse the level of the accounting knowledge and technical knowledge possessed by the sample respondents, ii) examine the latest accounting knowledge among the sample respondents and iii) analysis opportunities and challenges in accounting education in India. The present study is empirical and descriptive in nature and based on primary and secondary data. The primary data is collected from students, research scholars, academicians, accounting practitioners and industry professionals through a structured questionnaire with the help of the Google Form. The secondary data is collected from articles, periodicals, magazines, newspaper, research journals and websites.

DOI: https://doi.org/10.21863/jcar/2024.13.2.003

Keywords: Accounting Education, Technology, Forensic Accounting, Bit-Coin

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