Skills Acquisition Shortfall: A Study of Professional Accounting Education

Abstract

Previously, there was a paucity of empirical literature to illustrate the educators' performance of professional accounting institutions in Pakistan. Therefore, this research investigates the skills acquisition shortfall in professional accounting institutes of Pakistan. In this regard, independent sample t-test and principal component analysis is employed to draw statistical findings. Out of the 35 investigated skills, 24 skills were found to be undeveloped in students for employment purposes benchmarked against employers' expec-tations. Further, this research has proposed a skills acquisition framework comprising of 6 components of skills. These components of skills now could be viewed as a skills acquisition framework from professional accounting education perspective.