Contemporary Issues in Accounting and Finance Education

A special issue of Journal of Risk and Financial Management (ISSN 1911-8074). This special issue belongs to the section "Business and Entrepreneurship".

Deadline for manuscript submissions: closed (30 September 2024) | Viewed by 9469

Special Issue Editors


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Guest Editor
Lincoln International Business School, University of Lincoln, Lincoln LN6 7TS, UK
Interests: sustainability; governance; corporate social responsibility; strategic investment decision making; management accounting; business model transformation
Special Issues, Collections and Topics in MDPI journals

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Guest Editor
Bangor Business School, Bangor University, Hen Goleg, College Rd, Bangor LL57 2DG, UK
Interests: corporate narrative reporting; international financial reporting standards (IFRS); Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI); extensible business reporting language (XBRL); market-based accounting research; auditing; corporate governance; earnings management; corporate investment efficiency; corporate finance; Islamic accounting and finance
Special Issues, Collections and Topics in MDPI journals

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Guest Editor
Brunel Business School, Brunel University London, Kingston Lane, Uxbridge, London UB8 3PH, UK
Interests: accounting and governance; accountability and ethics (corporate social responsibility—social and environmental accounting); sustainability; integrated reporting; market-based accounting research
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Guest Editor
Department of Accounting, Finance & Economics, Bournemouth University Business School, Bournemouth BH8 8EB, UK
Interests: corporate governance; accountability and corporate disclosure; sustainable development & corporate social responsibility; financial reporting and analysis; corporate finance; insurance; risk management

Special Issue Information

Dear Colleagues,

Digital transformation, environmental, and social governance are key determinants underlying business model transformation towards sustainability and circular economy. This Special Issue aims to explore what such transformation means in the context of revisiting accounting and finance curricula and their impact on students’ learning and ambitions. This Special Issue provides a vehicle for empirical studies and conceptual frameworks available for educators for knowledge exchange that advances accounting and finance education. We encourage educational research manuscripts that highlight the need to revisit accounting and finance curricula, challenge the assumptions underpinning conventional pedagogy, and develop frameworks to advance accounting and finance education. We welcome manuscripts that are relevant to contemporary issues in accounting and finance education, including uses of technology, teaching and learning strategies, assessment strategies, curriculum, and faculty-related issues. What we know and what do we need to know about contemporary issues in accounting and finance education;

  • Examination of diverse learning spaces in accounting and finance education in different settings
  • Successful models of diversity, equity, and social justice educational initiatives
  • Case studies regarding best practices that help improve accounting and finance education
  • Case studies of accounting and finance education changes in the context of increased interest in ethical, social, and environmental accountability
  • Building cross-cultural competence in accounting and finance classrooms
  • Impact of student diversity for succeeding in the accounting and finance industry
  • Alternative key performance indicators
  • Alternative teaching and assessment strategies
  • New paradigms for accounting and finance through cloud computing
  • The potential of blockchain and the future of the accounting and finance profession
  • Blockchain application in external audit practice
  • Big data and advanced analytics
  • Impact of cloud computing on accounting industry
  • Cloud-based accounting system
  • Cloud computing in the financial sector
  • Cloud computing in the manufacturing sector
  • Scenarios for using the cloud in the finance industry
  • Decision-making models for adopting cloud computing
  • Decision making processes in cloud environment

Dr. Fadi Alkaraan
Prof. Dr. Khaled Hussainey
Dr. Ahmed Elamer
Dr. Tony Abdoush
Guest Editors

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Keywords

  • accounting education
  • finance education
  • curriculum design
  • teaching and learning
  • assessment strategies
  • business model transformation
  • students experience
  • employability
  • digitalisation
  • sustainability
  • governance

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Published Papers (3 papers)

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Research

25 pages, 460 KiB  
Article
Evaluating Board Characteristics’ Influence on the Readability of Annual Reports: Insights from the Egyptian Banking Sector
by Abdelmoneim Bahyeldin Mohamed Metwally, Mohamed Samy El-Deeb and Eman Adel Ahmed
J. Risk Financial Manag. 2024, 17(11), 500; https://doi.org/10.3390/jrfm17110500 - 7 Nov 2024
Viewed by 596
Abstract
This study aims to examine the impact of board characteristics (BCs) on banks’ annual reports readability (BARR). Further, it examines whether bank size (BS) moderates the association between BC and BARR. The study employs a sample of 208 bank-year observations from both listed [...] Read more.
This study aims to examine the impact of board characteristics (BCs) on banks’ annual reports readability (BARR). Further, it examines whether bank size (BS) moderates the association between BC and BARR. The study employs a sample of 208 bank-year observations from both listed and non-listed banks in the Egyptian stock exchange (EGX), utilizing data spanning from 2016 to 2023. The study employs a random-effect regression model to test the hypotheses and discuss the results. The results suggest that BARR has a significant association with board meetings, gender and cultural diversity. Furthermore, BS played a moderating role in determining the association between BCs and BARR, supporting the second hypothesis. The findings show that the BCs and disclosure quality differ for banks of varying sizes. The findings have practical implications for the Egyptian banking sector, highlighting that board structure is critical to transparency and maintaining public trust. Additionally, the results focus policymakers’ attention on standardizing the contents and structure of banks’ annual reports, with the aim of reducing managers’ manipulation of disclosures and reducing the level of information asymmetry between stockholders, as suggested by the agency theory. Full article
(This article belongs to the Special Issue Contemporary Issues in Accounting and Finance Education)
10 pages, 261 KiB  
Article
Accounting and Econometrics: From Paweł Ciompa to Contemporary Research
by Marek Gruszczyński
J. Risk Financial Manag. 2022, 15(11), 510; https://doi.org/10.3390/jrfm15110510 - 4 Nov 2022
Cited by 1 | Viewed by 2638
Abstract
This paper examines the little-known connection between econometrics and accounting invoked by Paweł Ciompa, who first introduced the term econometrics in 1910. Since then, research in accounting and in statistical (econometric) analysis has developed in parallel. It is argued that contemporary accounting research [...] Read more.
This paper examines the little-known connection between econometrics and accounting invoked by Paweł Ciompa, who first introduced the term econometrics in 1910. Since then, research in accounting and in statistical (econometric) analysis has developed in parallel. It is argued that contemporary accounting research is methodologically closer to econometrics than ever before. This paper concentrates on the accounting origins of econometrics and on the econometric methodologies currently in use in accounting research, beginning with Paweł Ciompa’s introduction of the term econometrics in accounting. The major contribution of this paper is a review of the occurrence of econometric methods in five leading journals in accounting research. The author identified 246 papers, and these were examined regarding the use of econometric methods. Two-thirds of the papers used methodologies that belong to econometrics—specifically, to financial microeconometrics. The most common methods were panel data models, qualitative variables models, and causality models. Full article
(This article belongs to the Special Issue Contemporary Issues in Accounting and Finance Education)
19 pages, 336 KiB  
Article
An Uphill Battle: Financial Education in Romania in the Midst of Societal Transformation
by Radu Șimandan, Beatrice Leuștean and Răzvan Mihai Dobrescu
J. Risk Financial Manag. 2022, 15(11), 494; https://doi.org/10.3390/jrfm15110494 - 26 Oct 2022
Cited by 3 | Viewed by 2775
Abstract
Given Romania’s relatively poor performance from a financial literacy perspective, many public and private entities are currently implementing various initiatives to address this problem. Assuming that financial education projects are a source of insights into broader societal issues, we analyze a sample of [...] Read more.
Given Romania’s relatively poor performance from a financial literacy perspective, many public and private entities are currently implementing various initiatives to address this problem. Assuming that financial education projects are a source of insights into broader societal issues, we analyze a sample of financial education projects to discern the issues of societal transformation reflected in their contents. We collected data from financial education websites and analyzed them through qualitative content analysis. We identify and discuss several manifest and latent themes and note the absence of others commonly found in the literature. The emphasis in the manifest themes falls on offering calibrated advice to a public with a relatively low level of financial literacy, prone to unhealthy behaviors such as consumerism, impulse buying, and indebtedness. Several latent concerns concentrate on the changing economic and social landscape, the fear that some traits of national character may hinder the individual appetite for adaptation, and the threat of an economic crisis. The needs of vulnerable groups are rarely addressed, while topics such as the ethical dimension of consumption, environmental and sustainability issues, and gender stereotypes are lacking. We thus find that the financial education initiatives in Romania address an underdeveloped range of topics. Full article
(This article belongs to the Special Issue Contemporary Issues in Accounting and Finance Education)
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