Running head: ANNOTATED BIBLIOGRAPHY 1

Annotated Bibliography:

Accounting Education

Abigail Padilla

University of Texas at El Paso

RWS 1301

Dr. Vierra

October 8, 2019
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Research Questions

• Do accounting rules change over time?

• Is the accounting field competitive?

• What does UTEP teach you about accounting?

• What is some important information you should know about accounting?

• How long does it take for students to get their master's in accounting?
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Annotated Bibliography

Monographs

Wallace, W. A. (1991). In Nelson K., Regis R. (Eds.), Accounting research methods: Do the

facts speak for themselves? Homewood, IL: Irwin.

Research is an important factor when it comes to knowing about businesses or carrying

out a successful plan. Wallace (1991) argued that any kind of project in the field of

business requires a research approach (p. 1). This implies that business requires all kinds

of research in order to execute the best plans without a negative effect on the business.

The researcher must understand the nature of the problem and how to gather facts in

order to solve the problem and should become knowledgeable of basic relevant facts that

all businesspeople should know about to avoid any consequences.

Essays

Evans, E., Juchau, R., & Wilson, R. M. S. (2012). The interface of accounting education and

professional training. 711 Third Ave., New York, NY 10017: Routledge.

Important skills graduates need to meet the expectations of employers are generic skills,

which include team skills, leadership, and co mmunication and technical skills, which

deal with the usage of technology. Jackling and Lange (2012) conducted questionnaires

for employers to respond to; Furthermore, the analysis of responses showed that team

skills were rated as being an important generic skill for the profession (p. 55). In terms of

technical skills, employers looked for a variety of skills but focused on the basic skill

knowledge of technology (p. 55). This implies that for graduates to go into a profession,

they must meet the skill requirement of generic and technical skills.
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Evans, E., Juchau, R., & Wilson, R. M. S. (2012). The interface of accounting education and

professional training. New York: Routledge.

Capability is a primary focus of university education in accounting and competence is the

primary focus of professional training. Wilson (2012) argued that capability are the

attributes held by students to enable them to perform their roles by learning in a

classroom, whereas competence reflects a student’s ability to perform a work role with

reference to real working environments rather than the classroom (p. 12). This implies

that capability in accounting is taught in college education so that students are aware of

what they will deal with in the work environment and competence in accounting is taught

in the process of professional training so that employees are able to execute their roles as

a worker.

Journal Articles

Danos, P., & Measelle, R. L. (1990). Globalization of the business environment: Implications for

the accounting profession and business education. Human Resource Management, 29(1),

77-84. doi:10.1002/hrm.3930290108.

Accounting specialists must have general management skills and are suggested to be

educated on the same concepts that general management specialists are required to know

about because accountants contribute to the decision-making process. According

to Danos and Measelle (1990), accountants have the goal to help the management of the

organization make wise decisions (p. 83). This implies that accountants should have

educational exposure and experiences of a general manager in order for accountants to

further understand the role of controlling, designing, and providing the information

needed for the managers to make a proper decision.

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Kocakulah, M. C., Austill, A. D., & Long, B. (2009). The present state of the business law

education of accounting students: The business law professor's perspective. Journal of

Legal Studies Education, 137. Retrieved from http://0-

search.ebscohost.com.lib.utep.edu/login.aspx?direct=true&db=edshol&AN=edshol.hein.j

ournals.jlse26.8&site=eds-live&scope=site.

For accountants or CPAs to provide services to the public, they need to know specific

legal knowledge because law is relevant to business. According to Kocakulah, Austill,

and Long (2009), accountants need to be familiar with legal concepts such as defamation,

invasion of privacy, misrepresentation, fraud, negligence, criminal intent, administrative

sanctions, breach of contract to manage risk and many more because the content of law is

tested on the Certified Public Accountant (CPA) Exam (p. 137). This implies that in order

for accountants to become a CPA and provide services, they must be familiar with legal

terminology and concepts.

Kleckner, M. J., and Marshall, C. R., (2014). Critical communication skills: Developing course

competencies to meet workforce needs. Journal of Research in Business Education,56(2),

59-81. Retrieved from http://0-

search.ebscohost.com.lib.utep.edu/login.aspx?direct=true&db=eft&AN=115062845&site

=eds-live&scope=site.

Having communication skills is a necessity to be successful in the business

field. According to Mary Jae Kleckner and C. R. Marshall (2014), the skills needed to be

a successful person in any business major must have general communication skills (p.

77). This implies that in order to meet workforce needs, employers must be able to

communicate orally and through writing not only to meet the needs of the job but also to
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be good at the job. Furthermore, having communication skills builds stronger business

relationships and improved productivity which may lead to an expansion in your

business, therefore, being a successful businessperson.

Lasmane, N., & Jakusonoka, I. (2013). Discussion on development of certified public

accounting. Economics & Rural Development, 9(2), 27-34. Retrieved from http://0-

search.ebscohost.com.lib.utep.edu/login.aspx?direct=true&db=bth&AN=99834509&site

=eds-live&scope=site.

Financial reporting that is credible in the accounting area plays an important role in the

success of an organization and the economy. According to Lasmane and Jakusonoka

(2013), the management of an organization is almost unlimited to the options it has to

make decisions because the only limitation that every company has is the reliability of

accounting information according to a research conducted by them (p. 29). Furthermore,

a business must provide ethos and logos in accounting in order to thrive and have a

successful company. This implies that the quality of accounting data is crucial for the

success of the economy and most importantly, the business.

Mastracchio Jr., N. J., Jiménez-Angueira, C., & Toth, I. (2015). The state of ethics in business

and the accounting profession. CPA Journal, 85(3), 48-52. Retrieved from http://0-

search.ebscohost.com.lib.utep.edu/login.aspx?direct=true&db=bth&AN=101708408&sit

e=eds-live&scope=site.

The completion of a college ethics course is a requirement to become a certified public

accountant (CPA). According to Mastracchio, Jiménez-Angueira, and Toth (2015),

businesspeople must act ethically in all areas of business and for them to know how to act

ethically, they must understand what the meaning of ethics is (p. 50). Furthermore, public
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accountants must be educated on ethics for the reason of trust because a public firm’s

trust is critical to accountants and therefore, understanding ethics can strengthen the trust

(p. 48). This implies that certified public accountants must be educated on ethics.

Mcvay, G. J., Murphy, P. R., & Wook Yoon, S. (2008). Good practices in accounting education:

Classroom configuration and technological tools for enhancing the

learning environment. Accounting Education, 17(1), 41-63.

doi:10.1080/09639280600843369.

The use of technology helps benefit good practices used in accounting education in order

to improve the knowledge and skills of students. According to Mcvay, Murphy, and

Yoon (2008), technology plays an important role in the myriad tools used for supporting

and enhancing the teachings and learnings in the classroom (p. 44). Moreover,

technology allows the use of gathering information from other resources needed and the

use of PowerPoint and many other applications that might be used in accounting

education. This implies that the use of technology in the classroom can be beneficial

among the students by helping improve their accounting skills and their knowledge of

accounting.

Liang, P. J., & Zhang, G. (2019). On the social value of accounting objectivity in financial

stability. Accounting Review, 94(1), 229-248. doi:10.2308/accr-52108.

Objectivity and accuracy are two accounting measurement properties that maintain

financial stability. According to Liang and Zhang (2019), in context of financial

reporting, accounting measurements lie in the impacts of objectivity and accuracy based

on the level of consensus that results among employees, in addition to accuracy (p. 230).

Moreover, Ijiri and Jaedicke (1966) argued that accounting objectivity is the agreement
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among workers is made from its accuracy, which is being free of

bias measurements (p. 230). This implies that objectivity and

accuracy properties promote financial stability because both rely on each other to

maintain stability.

Websites

Sraders, A. (2019, Aug. 15). This accounting rule change is ‘Crushing’ the

company’s financials. Fortune, Retrieved

from https://fortune.com/2019/08/15/accounting-rule-change-crushing-wework-

financials/.

The change of accounting rules can affect an organization’s statistics and financial

reports. According to Sraders (2019), an accounting rule change

affected WeWork’s organization and resulted in the loss of millions of dollars (para. 3).

Furthermore, the accounting rule change consisted of a company needing to address

the right-of-use assets and lease liabilities for leases of more than 12 months and need to

be recognized on the lessee's balance sheet (para. 4). The accounting rule was changed in

2016 but still affects companies in today; This implies that accountants need to be aware

of accounting rule changes because they can be at fault for the impact of the rule change

to the company regarding finance and statistics.

Primary Sources

Hills, P., & Folsom, D. (2019). Master of accountancy. Retrieved

from https://www.utep.edu/business/graduate/macc/macc.html.

UTEP. (1987, 3). Business administration. NOVA UTEP History Resources, 1-20. Retrieved

from https://digitalcommons.utep.edu/cgi/viewcontent.cgi?article=1062&context=nova.
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The requirements to receive the Master of Accountancy (MAcc) back in 1987, includes

the same requirements needed in today’s world. According to the Office of Business

Administration of the University of Texas at El Paso (UTEP) (1987), the MAcc degree

consists of an accumulative of 30 hours each semester for students entering the program

with an undergraduate degree in accounting and it is suggested that the students complete

these requirements in five years rather than four (p. 3). Furthermore, the staff members of

UTEP, Hills and Folsom (2019), state that UTEP requires students to complete 30

semester hours to graduate in the master's program that ranges from 12 to 18 months

(para. 3). This implies that the requirements for students to receive their master's in

accountancy has not changed from 1987 to 2019 and is the same.

UTEP. (1944, 1). Business administration and economics. Texas Mines Today and Tomorrow, 1-

7. Retrieved

from https://digitalcommons.utep.edu/cgi/viewcontent.cgi?article=1001&context=utep_a

dd_items.

UTEP. (2019). College of business administration. Retrieved

from https://www.utep.edu/business/.

The accounting course provides students with training for them to develop an

understanding of their responsibilities as a member of the business field. According to the

Texas College of Mines or University of Texas at El Paso (UTEP) (1944), the Division of

Business Administration offers a four- year to provide the students with a sufficient

amount of intelligence and understanding of concepts in the social and industrial order of

business which allows for mental development and success (p. 4). Furthermore, UTEP

(2019) identifies the purpose of the accounting course and what it provides to the students
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in today’s world. It is distinguished that the course provides students with the same

developments in the past and are still developing students today (para. 1). This implies

that students in the accounting course will be allowed for improvement and develop their

intelligence in business to be successful.

Tertiary Source