IDEAS home Printed from https://ideas.repec.org/a/spt/apfiba/v14y2024i5f14_5_2.html

Key Strategies for Enhancing Professional Accounting Value through Effective Talent Development

Author

Listed:
  • Cheng-Wen Lee
  • Yao-Jen Su
  • Yi Tang Hu

Abstract

This study aims to incorporate accounting practice values into the training of legal accounting professionals through several proposed methods: emphasizing theoretical guidance, innovating teaching methodologies, fostering interdisciplinary integration, and conducting thorough teaching research. By integrating these values, a robust legal accounting practice evaluation system can be established, optimizing the training pathways for legal accounting talents and enhancing their professional skills and practical value. This approach will ultimately cultivate high-quality legal accounting professionals. The study employs the Decision-Making Trial and Evaluation Laboratory (DEMATEL) analysis method combined with the Analytic Hierarchy Process (AHP) to calculate weights. This combination is used to analyze the interactions between selection criteria and standards, simulating the most appropriate decision-making processes for the formation of accounting professional values and the successful training of professionals in legal accounting. Additionally, the study posits that concurrently studying the rule of law and accounting is akin to drawing a square with one hand and a circle with the other. This dual focus can significantly contribute to the profession's amalgamation of legal principles and accounting practices, enhancing the industry's resilience and relevance in society. JEL classification numbers: D24, E58, G24.

Suggested Citation

  • Cheng-Wen Lee & Yao-Jen Su & Yi Tang Hu, 2024. "Key Strategies for Enhancing Professional Accounting Value through Effective Talent Development," Journal of Applied Finance & Banking, SCIENPRESS Ltd, vol. 14(5), pages 1-2.
    • Handle: RePEc:spt:apfiba:v:14:y:2024:i:5:f:14_5_2
    as

    Download full text from publisher

    File URL: http://www.scienpress.com/Upload/JAFB%2fVol%2014_5_2.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Vangelis Tsiligiris & Dorothea Bowyer, 2021. "Exploring the impact of 4IR on skills and personal qualities for future accountants: a proposed conceptual framework for university accounting education," Accounting Education, Taylor & Francis Journals, vol. 30(6), pages 621-649, November.
    2. David F. Perri & Megan V. Teague, 2022. "Teaching business ethics: Plato was right," Cogent Business & Management, Taylor & Francis Journals, vol. 9(1), pages 2147124-214, December.
    3. Tung-Hsien Wu & Shi-Ming Huang & Shaio Yan Huang & David C. Yen, 2017. "The effect of competencies, team problem-solving ability, and computer audit activity on internal audit performance," Information Systems Frontiers, Springer, vol. 19(5), pages 1133-1148, October.
    4. Cheng-Wen Lee & Yi Tang Hu, 2021. "The Analysis of COVID-19 Prevention Experience Using DEMATEL-Based ANP," Journal of Applied Finance & Banking, SCIENPRESS Ltd, vol. 11(2), pages 1-3.
    5. Mohammad, Shoeb & Husted, Bryan, 2023. "Skilled workforces and Law-abiding organizational climates in emerging markets," Journal of Business Research, Elsevier, vol. 158(C).
    6. Shiva Rajgopal, 2021. "Integrating Practice into Accounting Research," Management Science, INFORMS, vol. 67(9), pages 5430-5454, September.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Sinziana-Maria Rindasu & Ioan Dan Topor & Liliana Ionescu-Feleaga, 2023. "The Evolution of Management Accountants' Digital Skills in Industry 4.0: A Qualitative Approach," Oblik i finansi, Institute of Accounting and Finance, issue 1, pages 38-48, March.
    2. Marshall A. Geiger & Bret Johnson & Keith L. Jones & Abdullah Kumas, 2022. "Information Leakage Around SEC Comment Letters," Management Science, INFORMS, vol. 68(11), pages 8449-8463, November.
    3. Apostolou, Barbara & Dorminey, Jack W. & Hassell, John M., 2022. "Accounting education literature review (2021)," Journal of Accounting Education, Elsevier, vol. 59(C).
    4. Valeriu Brabete & Catalin Mihail Barbu & Daniel Circiumaru & Daniel Goagara & Dorel Berceanu, 2024. "Redesign of Accounting Education to Meet the Challenges of Artificial Intelligence – A Literature Review," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 26(65), pages 275-275, February.
    5. Cenar Iuliana & Leba (Botar) Claudia-Florina, 2022. "Ï»¿Premises Of Digital Accounting Education At The Preuniversity Educational Level. Case Study Research," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 1(24), pages 1-4.
    6. repec:eur:ejfejr:94 is not listed on IDEAS
    7. Tahani Ali Hakami, 2025. "Enhancing internal audit efficiency in Saudi Arabian SMEs: the impact of cloud adoption determinants," SN Business & Economics, Springer, vol. 5(12), pages 1-32, December.
    8. Youssef, Mayada A. & Awad Alghizzawi, Moawiah & Almaqtari, Faozi A. & El-Sayed, Heba & Moustafa, Esam, 2024. "Key factors affecting faculty commitment toward accounting curriculum change: Differences between UAE and UK AACSB-accredited universities," Journal of Accounting Education, Elsevier, vol. 69(C).
    9. Wu, Tung-Hsien & Huang, Shaio Yan & Chiu, An-An & Yen, David C., 2024. "IT governance and IT controls: Analysis from an internal auditing perspective," International Journal of Accounting Information Systems, Elsevier, vol. 52(C).
    10. Garima Sharma & Jayce M. Naidoo & Ranjith Ihalanayake & Mahesh Joshi & Meredith Tharapos, 2025. "The Nexus Between Self‐Efficacy and Professional Skills Development Among Accounting Students: Do Social and Cultural Factors Matter?," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 65(3), pages 3215-3230, September.
    11. Esther Calderon-Monge & Pilar Huerta-Zavala, 2025. "Exploring the evolution and future research on sustainability in franchising: a systematic review of the literature," Future Business Journal, Springer, vol. 11(1), pages 1-22, December.
    12. Noor Fadzlina Mohd Fadhil & Nik Hazimi Mohammed Foziah & Rosmaria Jaffar & Nurul Huda Mustafa & Mariana Jusop, 2025. "Elevating Accounting Skills with IMAGINE: A New Approach to Critical, Creative and Problem-solving Skills," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 9(2), pages 4281-4289, February.
    13. Samuel Stäbler & Michael Haenlein, 2025. "The unheard voice of marketing research: Breaking through to news and social media," Journal of the Academy of Marketing Science, Springer, vol. 53(1), pages 105-128, January.
    14. Haijian Si & Meng Li & Christoph H. Loch, 2025. "OM Forum–Working with Practitioners in Operations Management," Manufacturing & Service Operations Management, INFORMS, vol. 27(5), pages 1333-1343, September.
    15. Koonce, Lisa & Mongold, Cassie & Quaid, Laura & White, Brian J., 2024. "Experimental research on standard-setting issues in financial reporting," Accounting, Organizations and Society, Elsevier, vol. 112(C).
    16. Abbas, Asad, 2023. "Internal Audit Effectiveness and Its Determinant Factors in Commercial Banks of Ethiopia: The Case of Bale Robe Town," OSF Preprints aktqg, Center for Open Science.
    17. Diana Falsetta & Brian C. Spilker, 2026. "Psychological Reactance Theory and Tax Evasion Intentions," Journal of Business Ethics, Springer, vol. 203(3), pages 593-610, January.
    18. Stäbler, Samuel & Haenlein, Michael, 2025. "The unheard voice of marketing research: Breaking through to news and social media," Other publications TiSEM fdfa81f3-38d2-441f-bc4e-a, Tilburg University, School of Economics and Management.
    19. Simphiwe Mahlangu & Riyad Moosa, 2023. "IT Knowledge Requirements of an External Auditor," Academic Journal of Interdisciplinary Studies, Richtmann Publishing Ltd, vol. 12, July.
    20. Marc Eulerich & Aida Sanatizadeh & Hamid Vakilzadeh & David A. Wood, 2024. "Is it all hype? ChatGPT’s performance and disruptive potential in the accounting and auditing industries," Review of Accounting Studies, Springer, vol. 29(3), pages 2318-2349, September.
    21. Vira Drahunova & Alla Mykhatska & Olena Burluka & Norik Gevorkian & Anatoliy Babichev, 2025. "The use of consulting to increase the sustainability of the higher education institutions in times of crisis," RIVISTA DI STUDI SULLA SOSTENIBILITA', FrancoAngeli Editore, vol. 2025(1), pages 277-288.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • G24 - Financial Economics - - Financial Institutions and Services - - - Investment Banking; Venture Capital; Brokerage

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spt:apfiba:v:14:y:2024:i:5:f:14_5_2. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Eleftherios Spyromitros-Xioufis (email available below). General contact details of provider: http://www.scienpress.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.