P7 ASEAN Economic Community and the Chalange for Accountant Profession the role of accounting education institution (Active 2013)

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 

 

  

   

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                                                      

                        

 

                                         

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                          

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 

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                               

                              

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                 

 

                                                                                          

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

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Albrech, Clark, Smtih, Stock, dan Woodfield (1994), and Nacher and

Abdullah (2011), the accounting graduates should have the following seven competencies:

1. Communication capability

2. Capability for developing information and distribution 3. Capability for decision making

4. Knowledge of accounting, auditing, ad taxes 5. Knowledge of business and environment 6. Professionalism skill 

7.  

                                 

         

                   

 

                          

              

                                                          

 

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



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                                            

 

                    

                                             

                                      

                          

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

                                 



   

 

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09/11/2015

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ASEAN ECONOMIC COMMUNITY AND THE CHALANGE FOR ACCOUNTANT

PREFESSION: THE ROLE OF ACCOUNTING EDUCATION INSTITUTION

Dr. Hasan Fauzi, CA., CSRS Faculty of Economics and Business Sebelas Maret University International Visiting Scholar School of Accountancy College of Business Universiti Utara Malaysia

The Sift of Accounting Paradigm

Supply-driven to Demand-driven

Supply-Driven, graduates are produced based on what accounting education institution want to produce

Demand-Driven, graduates based on market, users

Link and Match are created, graduate are expected to have market qualification

Graduates are processed using teaching and research activities

Transformation Process in Accounting Education Institution

The Role of Research Activity

Like R & D department in a company Research can inspire new program and development for the transformation process in accounting education

Thus, the more research activities, the more chance to have new innovation in accounting education

Demand-Driven

Market oriented

The important changes: Globalization and Information Technology

In terms of level: ASEAN to Asia Pacific and others areas

Market and business are also globalized No borders and no barriers to entry to any country

Investment, Goods, and services

Advancement of Information Technology

Due to the IT advancement, Something impossible to in the past are possible to do now Cortex company Vs Microsoft (Hamel and Prahalad, 1994)

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Accounting Graduate and AEC2015

The changes in global market should be responded Acc Ed institution by making adjustment of competences required

What kind of competences? ready to compete

Or overseas graduates fill labor market

THE REQUIRED QUALIFICATION OF ACCOUNTING GRADUATES

Communication capability

Capability for developing information and distribution

Capability for decision making

Knowledge of accounting, auditing, ad taxes Knowledge of business and environment Professionalism skill

Skill of development and leadership

Communication capability

This capability includes the one for written and oral presentation.

In addition, this competence also requires that the graduates have ability to read and evaluate the written materials as well as understand the group and interpersonal dynamics

Capability for developing information and distribution

Understand the role of information technology in solving business and accounting problems. Understanding the system development cycle for planning, designing, implementing, and evaluating is also required for accounting graduates.

Included in this competence is capability of applying the selected basic programs to solve the business problems.

Capability for decision making

This capability requires accounting graduates to solve both structured and unstructured problems in a new business situation.

This competence also demands the graduates to derive conclusions of specific situations as well as take a priorities based on the limited resource.

Knowledge of accounting, auditing, ad taxes

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Knowledge of business and environment

This competence includes understanding on economic factor, social, and culture affecting business in global situation.

In addition, graduates are required to have knowledge on managing and mechanism of business organization.

Finally, the accounting graduates are expected to understand the type of financial institutions and mechanism of capital and financial market.

Professionalism skill

high level of professionalism, characterized by accounting graduates with capability of identifying ethical aspect and applying it to their task application.

Another characteristic is motivation of the graduates to keep learning in an attempt to improve their professionalism.

This competence also demands the graduates to have the capability of effective working under pressure situation.

Skill of development and leadership

This competence includes the one of graduates to have effective cooperation in the varied groups.

they are expected to successfully organize and delegate jobs to subordinates as well as motivate others. the graduates are demanded to play important role in resolving the existing conflict in their area.

In coping with the happening changes, the graduates have to understand methods to create and manage the changes.

Finally, in the capacity of leader, the graduates have to be competent in using data, exercising judgments, evaluating risk, and solving the problems they are facing.

ACCOUNTANT PROFESSION: DEFINED AND THE ROLE OF ACCOUNTING EDUCATION INSTITUTION

What produced in accounting education institution

are some sub-professions in accountant profession. In terms of preparation of accountant association for its members, is Indonesian accountant profession ready to face AEC 2015? The preparation of Indonesian accountant profession to face AC 2015 is very much contributed by Accounting Education Institution.

CLOSING NOTES

the accounting education institutions should keep