THE ROLE OF MIDDLE AND HIGH EDUCATION INSTITUTIONS IN THE DEVELOPMENT OF ACCOUNTING PROFESSIONДушко Шњегота Бранка Милошевић Шњегота |
Published 10/31/2018 |
ABSTRACT
Accounting is undoubtedly one of the cornerstones of a quality decision-making and management process for various business and other systems. Expansion of business activities on an international and global level, along with the development of the commodity and financial markets, has influenced strong changes in traditional accounting and financial reporting systems and the need for constant adjustment of the national regulatory framework and accounting practice in countries around the world. One of the key features of the process of abandoning traditional and moving to accounting rules and principles that are universally accepted today is the decision to introduce into the application of International Accounting Standards and International Financial Reporting Standards. This step forward in the Republic of Srpska was made at the beginning of the century, when a continuous and continuous process of continuous education of all those interested in professional accounting work was opened. In this paper, on the basis of the analysis of the regulatory framework, teaching and study programs and other relevant documents and information, some of the qualitative characteristics of the educational process in secondary vocational schools and public higher education institutions in the Republic of Srpska are examined in areas that, directly or indirectly, related to acquiring knowledge and skills necessary for future professional accountants. The conducted research is based on the assumption that the quality of the accounting profession, among other things, depends to a large extent on the quality of the educational process that takes place in the mentioned institutions. The aim of the research is to identify the basic characteristics of the cause-and-effect relationship between the educational process and the quality of the accounting profession and provide recommendations for possible improvements.
Keywords: Accounting, Education, continuous professional education, accounting profession.