Problems and Prospects of Accounting Education

The aim of this study is to provide an understanding of the authors in the following range of issues: the changing role and functions of the accounting profession as a major factor for urgent change in accounting education; discussion of views and approaches to change in accounting education from the leading universities in the world; approaches to change in the professional training of accountants by leading international and national professional organizations; analysis of the problem of accounting education and professional training of accountants in Bulgaria. The object are content knowledge, skills and competencies that should receive and develop in the course of their education and vocational training accountants to implement the various reporting, financial control, analytical and management functions in all spheres of the economy and public life. The subject of the study is the adaptation and change in accounting education in Bulgaria according objectively changing realities and needs of the practice. The main author's thesis is focused on an approach of integrated interaction between fundamental and professional (specialized) knowledge and skills as well as flexible cooperation between university – professional organizations – practice – business. Opinions expressed herein are mainly in terms of higher education in accounting and are consistent with the possibility graduates to realize not only short, but also in a long term in high and responsible professional and managerial positions. The empirical part of the study aims to study the needs of the practice in Bulgaria in the following two areas: what requirements put employers in Bulgaria announced when working position requiring an accounting background; what requirements placed largest accounting and auditing companies in announcing job function requiring an accounting background.