The relationship between accounting education and accounting practice in Sri Lanka: Insights into professional education policy in Sri Lanka

Jindarat Peemanee, Nimmi Guruge, Nimesha Perera, Judeena Oshini Perera, Ranitha Sachinthana Weerarathna, Naduni Madhavika, Nipunee Udarika Jayasuriya, Chathurini Kumarapperuma, Subashini Sundaramoorthi, Chathuni Aluthwala

Article ID: 8387
Vol 8, Issue 14, 2024

VIEWS - 675 (Abstract)

Abstract


Accounting education highly affects the level of Professional Accounting Education offered in a country by academic institutions, thus determining the job market competitiveness of accounting professionals. The purpose of this paper is to determine the relationship between accounting education and accounting practices in Sri Lanka. The data for this study is obtained through a well-structured questionnaire among the Finance Managers of listed companies in the Colombo Stock Exchange (CSE). The sample size of the study was 165 Finance Managers, and of them, 122 responded to the questionnaire. This study is significant to the Sri Lankan context due to scant research in the respective research area. The results depict a moderating positive relationship, while effectiveness of accounting education determines the role and performance of accounting professionals in Sri Lanka.


Keywords


accounting education; accounting practice; academic accounting; professional accounting education; Colombo stock exchange

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References


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