The current study tries to identify the current status of accounting education in Jordan and to assess the expectations of undergraduate accounting students regarding the current and future status of accounting education in Jordan. Accordingly, the current study tries to investigate if there is an expectation gap between the current status of undergraduate accounting programs and the expected ambitions of accounting students in Jordan (see figure 1). The main objective can be achieved through two sub-objectives: firstly; measuring the current status of undergraduate accounting education programs in Jordan through identifying its main weaknesses and strengths. Secondly; assessing the students’ expectations for the future of accounting education system in Jordanian universities.