This study explored the role of accounting professional practice in shaping the expansion of the frontiers of accounting knowledge. This was based on the reality and imminence of the threat posed by developments in artificial intelligence, premised on tech-developmental disruptions, the gap between accounting theoreticians and practitioners, and accounting’s back-lead in new knowledge development and application. As gleaned from the preponderance of theoretical evidence, which underscores practitioners’ continuing preference for normative, descriptive, and immediate problem-resolution research, the study concludes that expanding the frontiers of accounting knowledge has been budged down, by the limited scope of practice accommodation given to new knowledge deployment. Thus, for as long as practitioners foreclose new knowledge deployment, a consummate expansion of the accounting knowledge base cannot be actualised. Accounting would continue to blaze the backward-trail in new knowledge development, relative to other academic disciplines and professional practice. Therefore, accounting practitioners must be willing to accommodate knowledge expansion in light of society’s continued advancement. While, at the same time, researchers must indulge practitioners in a gradual shift to new research output indulgence, so as not to cause too much dislocation. Again, practitioners, for the sake of saving the accounting field, should be willing to fund futuristic research. Finally, accounting practitioners should be prepared to accommodate some degree of risk arising from new knowledge deployment.
| Published in | Journal of Finance and Accounting (Volume 8, Issue 2) |
| DOI | 10.11648/j.jfa.20200802.13 |
| Page(s) | 73-82 |
| Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
| Copyright |
Copyright © The Author(s), 2024. Published by Science Publishing Group |
Frontiers, Accounting Knowledge, Practitioners, Tech-disruptions, Career Path, Development
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APA Style
Stanley Ogoun. (2020). Towards Expanding the Frontiers of Accounting Knowledge: Imperative for Practitioners Accommodation. Journal of Finance and Accounting, 8(2), 73-82. https://doi.org/10.11648/j.jfa.20200802.13
ACS Style
Stanley Ogoun. Towards Expanding the Frontiers of Accounting Knowledge: Imperative for Practitioners Accommodation. J. Finance Account. 2020, 8(2), 73-82. doi: 10.11648/j.jfa.20200802.13
AMA Style
Stanley Ogoun. Towards Expanding the Frontiers of Accounting Knowledge: Imperative for Practitioners Accommodation. J Finance Account. 2020;8(2):73-82. doi: 10.11648/j.jfa.20200802.13
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Download@article{10.11648/j.jfa.20200802.13,
author = {Stanley Ogoun},
title = {Towards Expanding the Frontiers of Accounting Knowledge: Imperative for Practitioners Accommodation},
journal = {Journal of Finance and Accounting},
volume = {8},
number = {2},
pages = {73-82},
doi = {10.11648/j.jfa.20200802.13},
url = {https://doi.org/10.11648/j.jfa.20200802.13},
eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jfa.20200802.13},
abstract = {This study explored the role of accounting professional practice in shaping the expansion of the frontiers of accounting knowledge. This was based on the reality and imminence of the threat posed by developments in artificial intelligence, premised on tech-developmental disruptions, the gap between accounting theoreticians and practitioners, and accounting’s back-lead in new knowledge development and application. As gleaned from the preponderance of theoretical evidence, which underscores practitioners’ continuing preference for normative, descriptive, and immediate problem-resolution research, the study concludes that expanding the frontiers of accounting knowledge has been budged down, by the limited scope of practice accommodation given to new knowledge deployment. Thus, for as long as practitioners foreclose new knowledge deployment, a consummate expansion of the accounting knowledge base cannot be actualised. Accounting would continue to blaze the backward-trail in new knowledge development, relative to other academic disciplines and professional practice. Therefore, accounting practitioners must be willing to accommodate knowledge expansion in light of society’s continued advancement. While, at the same time, researchers must indulge practitioners in a gradual shift to new research output indulgence, so as not to cause too much dislocation. Again, practitioners, for the sake of saving the accounting field, should be willing to fund futuristic research. Finally, accounting practitioners should be prepared to accommodate some degree of risk arising from new knowledge deployment.},
year = {2020}
}
TY - JOUR T1 - Towards Expanding the Frontiers of Accounting Knowledge: Imperative for Practitioners Accommodation AU - Stanley Ogoun Y1 - 2020/04/17 PY - 2020 N1 - https://doi.org/10.11648/j.jfa.20200802.13 DO - 10.11648/j.jfa.20200802.13 T2 - Journal of Finance and Accounting JF - Journal of Finance and Accounting JO - Journal of Finance and Accounting SP - 73 EP - 82 PB - Science Publishing Group SN - 2330-7323 UR - https://doi.org/10.11648/j.jfa.20200802.13 AB - This study explored the role of accounting professional practice in shaping the expansion of the frontiers of accounting knowledge. This was based on the reality and imminence of the threat posed by developments in artificial intelligence, premised on tech-developmental disruptions, the gap between accounting theoreticians and practitioners, and accounting’s back-lead in new knowledge development and application. As gleaned from the preponderance of theoretical evidence, which underscores practitioners’ continuing preference for normative, descriptive, and immediate problem-resolution research, the study concludes that expanding the frontiers of accounting knowledge has been budged down, by the limited scope of practice accommodation given to new knowledge deployment. Thus, for as long as practitioners foreclose new knowledge deployment, a consummate expansion of the accounting knowledge base cannot be actualised. Accounting would continue to blaze the backward-trail in new knowledge development, relative to other academic disciplines and professional practice. Therefore, accounting practitioners must be willing to accommodate knowledge expansion in light of society’s continued advancement. While, at the same time, researchers must indulge practitioners in a gradual shift to new research output indulgence, so as not to cause too much dislocation. Again, practitioners, for the sake of saving the accounting field, should be willing to fund futuristic research. Finally, accounting practitioners should be prepared to accommodate some degree of risk arising from new knowledge deployment. VL - 8 IS - 2 ER -
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