Accounting Education In Crisis

Abstract

Almost on a daily basis new accounting rules and laws are put into use, creating information that must be known and learned by the accounting faculty and then introduced to and understood by the accounting student. Even with the 150 hours of education now required for CPA licensure, it is impossible to teach and learn all there is to learn. Over the years, changes have been recommended and some adopted into the accounting curriculum; however, the crisis of information overload continues in accounting education.