Accounting education has been under attack for many years. Resulting from
rapid technological advances and growing market globalization, the role of today!s
accountants has switched from the scorekeeper of business operations or financial information generator to the provider and interpreter of diversified information to
various internal and external users of financial information.Such developments require expanding the
knowledge and skills of accounting professionals to meet the changing demands
stemming from the new business environment. Several studies have examined the issue
of what should be the knowledge and skill components of today!s accounting
education programs that can satisfy the demands for training future accountants.
Consensus has emerged and efforts have been made to implement accounting education
reform in the US and in other countries in recent years