Accounting Education: The Impact of Globalization

Abstract

This report investigates the impact of globalization on accounting education as set forth by members of a panel at the annual meeting of the American Accounting Association held in New York in August 2009. It addresses the work of the International Federation of Accountants (IFAC) and the International Accounting Education Standards Board (IAESB) in coordinating accounting education globally, research by the International Association for Accounting Education and Research (IAAER) in support of the IAESB, the work of the International Accounting Standards Committee Foundation (IASC Foundation) and its impact on accounting education, and the impact of globalization on accounting education in Japan.

Notes

The panel included Belverd E. Needles Jr, Vice-President Education—American Accounting Association (AAA), DePaul University (Moderator); Mark Allison, Chairman, International Accounting Education Standards Board (IAESB); Gary Sundem, VP—Education, International Association for Accounting Education and Research (IAEER), University of Washington; Michael Wells, IASC Foundation, Director, IFRS Education Initiative; Kazuo Hiramatsu, American Accounting Association (AAA), Vice-President-International, Kwansei Gakuin University. Every effort is made to reflect the presentations accurately, but the responsibility for assertions in this article lies with the author.