CAP Vol. 1 No. 1 — PCC vol. 1, n
o
1 (2002) pages 53–104 © CAAA/ ACPC
A Canadian Accounting Perspectives Forum
on the Future of Accounting Education:
Editorial
ALAN J. RICHARDSON, Editor, Queen’s University
The AAA monograph by W. Steve Albrecht and Robert J. Sack entitled Accounting Educa-
tion: Charting the Course through a Perilous Future raises serious concerns about the state
and prospects of accounting education in the United States. They warn that the number of
students choosing accounting as a major is declining, that accounting practitioners find
that the current accounting curriculum is obsolete, and that those who have followed
accounting as a career would not make the same choice again. They attribute the malaise
in U.S. accounting education to the inability of accounting educators to adapt to techno-
logical change, the globalization of business, and the increasing power of institutional
investors to demand more comprehensive disclosures.
Many of the concerns raised by Albrecht and Sack reflect the institutional environment
of the United States, and the question whether they apply in a Canadian context is debatable.
For example, accounting education in Canada is provided primarily through business
schools, whereas in the United States it is provided through stand-alone accounting schools.
Does this mean that Albrecht’s and Sack’s concerns about the lack of integration of
accounting education with other disciplines in the United States will be less of an issue in
Canada? In addition, Canada has been an open economy subject to world markets for most
of its products far longer than has the United States. Does this mean that Canadian
accounting educators have already integrated global issues into their curriculum? While
the issues Albrecht and Sack raise deserve consideration, we cannot immediately assume
that the problems or the proposals for reform apply in all contexts.
One of the functions of Canadian Accounting Perspectives is to provide a forum for
debate on accounting education issues in Canada. This will include publishing research on
accounting education in the tradition of the Contemporary Accounting Research Special
Education Research Issue (1994). These will be refereed papers that meet the usual quality
standards of the journal. Canadian Accounting Perspectives will also publish commentaries
and forums on education issues. These contributions are intended to stimulate discussion
and debate. Members of the editorial board will review the contributions to ensure that
they are timely, thoughtful, readable, and relevant.
In this issue of the journal, we use the forum format to examine the applicability of
Albrecht’s and Sack’s analysis to Canada. The forum is a set of interrelated papers that
N. B. French resumés of each contribution in the Forum appear at the end of each segment. References
for the Forum as a whole appear on page 104.