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Future-proofing accounting professionals: Ensuring graduate employability and future readiness

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Abstract
Key international and Australasian bodies have reported research suggesting the accountingprofession is one of the most vulnerable to disruption through automation and changedbusiness models. But research discussed in this paper confirms that while component parts of an accounting ‘job’ will be replaced by technology, the capabilities required to performremaining accounting and finance activities would not only endure, they would spread across many non-accounting roles. This report presents the findings from the final stage of a validation process that was conducted by Chartered Accountants Australia and New Zealand(CA ANZ) across Australia and New Zealand. The report confirms 24 capabilities, including sixconsidered essential requirements for every professional seeking to work in accounting,finance, and related work roles. The findings provide evidence that these capabilities, incontrast to recent reports suggesting employment opportunities for accounting graduates are in decline, can create opportunities for sustainable careers. The validation project and survey results provide unexpected insight into the capabilities of different age groups andprofessionals at different career stages that are considered important. The research outlined in this paper will not only inform continuing professional education for members but also help refine the design of post-graduate curriculum and continuing professional development.
Item Type: | Article |
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Authors/Creators: | Bowles, M and Ghosh, S and Thomas, L |
Keywords: | capabilities, professional capability standards, employability, graduate attributes, soft skills |
Journal or Publication Title: | Journal of Teaching and Learning for Graduate Employability |
Publisher: | Deakin University |
ISSN: | 1838-3815 |
Copyright Information: | Copyright 2020 The Authors. Licensed under Creative Commons Attribution-NonCommercial 4.0 International (CC BY-NC 4.0) https://creativecommons.org/licenses/by-nc/4.0/ |
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