Universities – Workplace Competency Gaps: A Feedback from Malaysian Practising Accountants
Journal of Financial Reporting and Accounting
ISSN: 1985-2517
Article publication date: 1 December 2007
Issue publication date: 1 December 2007
Abstract
Borderless transactions have resulted in changes to the competitive and technological environments. As a result, accounting profession faces challenges in meeting these changes. Previous studies have indicated that accounting education had failed to develop students’ competencies critically required by market. This paper mainly focuses on competencies in the workplace in relation to its levels of importance; as well as the level of emphasis of the competencies during university learning. In this study, 1,300 questionnaires were distributed to accountants graduated from seven state‐run universities namely Universiti Malaya, Universiti Kebangsaan Malaysia, Universiti Putra Malaysia, Universiti Islam Antarabangsa Malaysia, Universiti Teknologi Mara, Universiti Utara Malaysia and Universiti Sains Malaysia. The respondents were asked to rank the level of importance and emphasis of thirteen competencies; namely communication skills, decision‐making skills, leadership development, continuous improvement skills, professionalism, information development and distribution skills, knowledge in planning and budgetary, management control system, interpreting and analyzing financial statements, knowledge in accounting, knowledge in auditing and knowledge in taxation. The study found that there were large gaps between the level of importance of competencies in workplace and the level of emphasis of competencies in workplace. In addition, the study also found positive correlation between the personality traits and the level of competencies. In general, these findings are consistent with the findings from other studies conducted. The findings should provide empirical and relevant input for assessing the content of the existing accounting programs.
Keywords
Citation
Ridhuan Che Abdul Rahman, M., Akbar Tengku Abdullah, T., Agus, A. and Mohid Rahmat, M. (2007), "Universities – Workplace Competency Gaps: A Feedback from Malaysian Practising Accountants", Journal of Financial Reporting and Accounting, Vol. 5 No. 1, pp. 119-137. https://doi.org/10.1108/19852510780001579
Publisher
:Emerald Group Publishing Limited
Copyright © 2007, Emerald Group Publishing Limited