(i) Collaboration and coordination for ensuring sound accounting education between accounting researchers in Malaysian Universities and other tertiary educational institutions, accounting practitioners and relevant policy makers in the country are found to have left much to be desired, and this situation affects the quality of the soft skills and practical knowledge that are expected of accounting graduates by the labour market in Malaysia and beyond.
(ii) Academic journal articles publications by accounting scholars are found to be more skewed towards academics discourse rather than enhancing the skills and knowledge to be imparted to accounting students for them to make impact to the economy after graduation. This suggests that researchers in accounting have been far removed from the interest of accounting professionals and practitioners, and the economy as a whole.
(iii) It is empirically established that there is no appreciable mutual working relationship between academic accountants and accounting professionals in the industry, a relationship that is necessary for ensuring the production of high quality accounting graduates that could become real assets to the Malaysian economy and beyond.
(iv) It is clear from the reviewed empirical studies that accounting graduates are among the graduates facing unemployment problem in the Malaysian economy, something that should have been avoided with sound soft skills, practical knowledge and ethical development that could earn them appropriate employment from both the public and private sectors of the economy and from the accounting firms owned by professional accountants. The ideal graduates could also be self-employed as they use their skills to flout appropriate micro, small or medium enterprises, with some financial support from different sources.