An Exploration of Accounting Student’s Perspective on Factors Influencing Audit Career Choice

  • Nor Aishah Mohd Ali Universiti Teknologi MARA, Cawangan Melaka, Kampus Alor Gajah
  • Khair Syakira Bustamam Faculty of Accountancy UiTM Melaka
  • Amilia Saidin Universiti Teknologi MARA, Cawangan Melaka, Kampus Alor Gajah
  • Siti Azrina Adanan Universiti Teknologi MARA, Cawangan Melaka, Kampus Alor Gajah
  • Ai’eshah Abdullah Sani Universiti Teknologi MARA, Cawangan Melaka, Kampus Alor Gajah
Keywords: Auditing, auditing education, career, accounting students

Abstract

This study aims to explore the factors influencing undergraduate accountancy students at Universiti Teknologi MARA Melaka branch to pursue careers in auditing. A structured questionnaire, distributed to participants via Google Forms, was employed to gather feedback from the students. The participants, categorized based on their academic levels, represent various stages of both theoretical and practical exposure to auditing subjects. The research team administered a questionnaire to evaluate accounting students' perceptions and intentions on the factors influencing careers in auditing. There is a strong positive correlation between job security and career intention followed by career development and a moderately significant positive correlation between job satisfaction and financial reward toward students’ intention to become auditors. A general lack of interest in the profession and concern about work-life balance contribute to the challenges of not pursuing a career in audit. Students perceived that real exposure to the auditing profession via academic visits, engaging experts through seminars, and interactive teaching methods could bridge the gap between academic learning and professional practice. Enhancing the alignment of educational offerings with industry requirements and students’ career aspirations with curriculum development, enhancing teaching methods, and partnerships between academia and industry will assist accounting students in developing a positive view of auditing careers and better preparedness for their future careers in this field.

Downloads

Download data is not yet available.

References

Ali, N. A. M., Shahimi, S., & Shafii, Z. (2018). Knowledge, Skills, and Characteristics Requirements for Shari’ah Auditors. Asian Journal of Accounting and Governance, 9, 171-185. DOI: https://doi.org/10.17576/AJAG-2018-09-15

Amaning, N., Anim, R. O., Kyere, A., & Amankona, G. P. (2020). Determinants of Career Intentions of Accounting Students. International Business Research, 13(12), 14-26. DOI: https://doi.org/10.5539/ibr.v13n12p14

Amarathunga, D.T., and Ajward, R. (2018). Factors That Influence the Perceptions of a Professional Accounting Career Among Management Undergraduates in Sri Lanka. CA Journal of Applied Research, 2(1), 87-107.

Amondarain, J., Aldazabal, M. E., & Espinosa-Pike, M. (2023). Gender Differences in The Auditing Stereotype and Their Influence on the Intention to Enter the Profession. Journal of Behavioral and Experimental Finance, 37, 100784. DOI: https://doi.org/10.1016/j.jbef.2022.100784

Barra, C., & Zotti, R. (2017). What We Can Learn From the Use of Student Data in Efficiency Analysis Within the Context of Higher Education? Tertiary Education and Management, 23(3), 276–303. DOI: https://doi.org/10.1080/13583883.2017.1329450

Bhatt, M. A., & Khan, S. T. (2023). Determinants of Accounting Students’ Decision to Pursue a Career as ACCA-Certified Accountants: A Case Study of Omani Students. Management & Sustainability an Arab Review, 2(3), 217–238. DOI: https://doi.org/10.1108/MSAR-09-2022-0043

Byrne, M., Willis, P., & Burke, J. (2012). Influences on School Leavers’ Career Decisions–Implications for the Accounting Profession. The International Journal of Management Education, 10(2), 101-111. DOI: https://doi.org/10.1016/j.ijme.2012.03.005

Chachar, S., Lothi, F., & Naz, N. (2022). Comparative Study in the Light of Herzberg’s Two Factor Theory of Job Satisfaction Among Academic Staff in Public and Private Sector Universities of Islamabad. Journal of Social Sciences and Humanities, 61(2), 91–112. DOI: https://doi.org/10.46568/jssh.v61i2.635

Chung, K. C., Pillsbury, M. S., Walters, M. R., & Hayward, R. A. (1998). Reliability and validity testing of the Michigan Hand Outcomes Questionnaire. The Journal of Hand Surgery, 23(4), 575–587. DOI: https://doi.org/10.1016/S0363-5023(98)80042-7

Cohen, J., Krishnamoorthy, G., & Wright, A. (2019). Audit committee financial expertise and financial reporting quality: The moderating role of auditor industry specialization. Auditing: A Journal of Practice & Theory, 38(1), 21-47.

Donina, D., Hasanefendic, S., (2019). Higher Education Institutional Governance Reforms in the Netherlands, Portugal and Italy: A Policy Translation Perspective Addressing the Homogeneous/Heterogeneous Dilemma. Higher Education Quarterly, 73(1):29-44. DOI: https://doi.org/10.1111/hequ.12183

Graschitz, S., Holzknecht, S., & Steller, M. (2023). Perceived Attractiveness of Tax Consultancy and Auditing Professions: Insights from a German-Speaking Area. Sage Open, 13(1), 1-25. DOI: https://doi.org/10.1177/21582440231153100

Hasiara, L. O., Kinanthi, L., Rahman, F., & Hamdayani, S. (2023). The Influence of Family on Student Interests in Determining Careers in Accounting Professions. SOSHUM: Jurnal Sosial dan Humaniora, 13(2), 137-145. DOI: https://doi.org/10.31940/soshum.v13i2.137-145

Ilias, A., Baidi, N., Ghani, E. K., & Rahman, R. (2022). Factors Driving the Intention to Pursue Internal Auditing Certification and Career Among Future Graduates in Malaysia. Universal Journal of Accounting and Finance, 10(2), 549-558. DOI: https://doi.org/10.13189/ujaf.2022.100219

Jinkens, R. C., & Camillo, A. A. (2011). Recruiting, Retention, and Succession Planning of Accountants: An Investigation of the Determinants of Career Choice for Accounting Students. Working Paper Series, from https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1907612 DOI: https://doi.org/10.2139/ssrn.1907612

Kong, Y., Ngapey, J. D. N., & Qalati, S. A. (2020). Effects of Financial Rewards, Parents and Peers, and Benefits and Costs on Choosing Accounting Career: A Global Perspective. Journal of Asian Finance Economics and Business, 7(11), 157–167. DOI: https://doi.org/10.13106/jafeb.2020.vol7.no11.157

Kurniawati, K. (2022). Analisis Faktor-Faktor yang Mempengaruhi Minat Mahasiswa Jurusan Akuntansi dalam Memilih Karir sebagai Auditor (Studi Kasus pada Mahasiswa Akuntansi Angkatan Tahun 2019 Universitas Wahid Hasyim. Journal of Mandalika Literature, 3(4), 241–249. DOI: https://doi.org/10.36312/jml.v3i4.1564

Marsintauli, F., Situmorang, R. P., & Suminar, S. R. (2022). Understanding the Drivers’ Factors for Choosing an Accounting Student’s Career as a Professional Accountant. Business Economic Communication and Social Sciences (BECOSS) Journal, 4(2), 133–144. DOI: https://doi.org/10.21512/becossjournal.v4i2.8450

Muhamad, H., San, O. T., Katan, M. B. H., & Ni, S. W. (2020). Factors Influencing the Personal Interest, and Behavioral Intention to Become an Accountant in Malaysia. International Journal of Academic Research in Business and Social Sciences, 10(2), 773–785. DOI: https://doi.org/10.6007/IJARBSS/v10-i2/7005

Mustapha, M., & Hassan, M. H. A., (2012). Accounting Students’ Perception on Pursuing Professional Examination. International Journal of Education, 4, 1-15. DOI: https://doi.org/10.5296/ije.v4i4.1546

Pauzi, N. F. M., Bustamam, K. S., Shamsudin, A., Roslan, N., Ahmad, K., & Karim, M. S. (2021). Accounting Graduates’ Mindset towards Career in Auditing Profession. International Journal of Academic Research in Accounting Finance and Management Sciences, 11(3), 364-376. DOI: https://doi.org/10.6007/IJARAFMS/v11-i3/10860

Pelzer, J. E., & Nkansa, P. (2022). Why Aren’t More Minority Accounting Students Choosing Auditing? An Examination of Career Choice and Perceptions. Accounting Education, 31(4), 347-369. DOI: https://doi.org/10.1080/09639284.2021.1991404

Poo, C. P. (2024). Malaysia is far from the 2030 target of 60,000 accounting professionals. The Edge Malaysia. https://theedgemalaysia.com/node/673451

Saat, M. M., Halim, N. S. A., & Rodzalan, S. A. (2021). Job Satisfaction Among Auditors. Advanced International Journal of Banking, Accounting, and Finance, 3(7), 72-84. DOI: https://doi.org/10.35631/AIJBAF.37006

Saeed, A., Zafar, M. W., Manita, R., & Zahid, N. (2024). The Role of Audit Quality in Waste Management Behavior. International Review of Economics & Finance, 89, 1203-1216. DOI: https://doi.org/10.1016/j.iref.2023.08.019

Saidin, A., Adanan, S. A., Sani, A. A., & Bustamam, K. S. (2023). Employer’s Satisfaction on Accounting Internship in the Digital Learning Environment. Information Management and Business Review, 15(3(I)), 298–305. DOI: https://doi.org/10.22610/imbr.v15i3(I).3539

Sapiri, M. (2024). A Qualitative Analysis of the Role of Auditors in Preventing Financial Crises. Golden Ratio of Auditing Research, 4(2), 89-106. DOI: https://doi.org/10.52970/grar.v4i2.393

Schober, P., & Schwarte, L. A. (2018). Correlation Coefficients: Appropriate Use and Interpretation. Anesthesia and Analgesia, 126(5),1763–1768. https://doi.org/10.1213/ANE.0000000000002864 DOI: https://doi.org/10.1213/ANE.0000000000002864

Srirejeki, K., Supeno, S., & Faturahman, A. (2019). Understanding the Intentions of Accounting Students to Pursue Career as a Professional Accountant. Binus Business Review, 10(1), 11–19. DOI: https://doi.org/10.21512/bbr.v10i1.5232

Tantular, A. P., Mardi, & Fauzi, A. (2023). The Role of Extrinsic Motivation as a Mediator between Job Market Considerations and Financial Rewards for Student Career Selection. Luxury: Landscape of Business Administration, 1(2), 61-77.

Tetteh, L. A., Agyenim-Boateng, C., Kwarteng, A., Muda, P., & Sunu, P. (2022). Utilizing the Social Cognitive Career Theory in Understanding Students' Choice in Selecting Auditing as a Career: Evidence from Ghana. Journal of Applied Accounting Research, 23(3), 715-737. DOI: https://doi.org/10.1108/JAAR-03-2021-0079

The 2023 AICPA Trends Report (2023). Professional Insights AICPA & CIMA. In https://www.aicpa-cima.com/professional-insights/download/2023-trends-report

The Malaysian Institute of Accountants. (2024). MIA Sustainability Blueprint for The Accountancy Profession Integrating Sustainability into the Accountancy Profession. In https://mia.org.my/mia-sustainability-blueprint-for-the-accountancy-profession-the-blueprint/.

Thuy, N. T. T., Hanh, D. T. T., & Hong, M. H. T. (2022). Students’ Perception of the Auditing Profession in Vietnam: The Effect of Proximity and Knowledge on Auditors’ Stereotypes. Cogent Business & Management, 9(1). DOI: https://doi.org/10.1080/23311975.2022.2154058

Uzman, M. F. M., & Abeyrathna, G. (2021). Factors Influencing the Perception to Become a Professional Accountant (Special Reference to Students who are following Higher National Diploma in Accountancy at Advanced Technological Institute Kegalle). Journal of Academic Sessions Advanced Technological Institute-Kegalle, 14-22.

Wang, X., & Wang, Y. (2022). Undergraduate Students’ Perception of Audit Course: Based on The Interview of Accounting Students. Advances in Social Science, Education, and Humanities Research. Vol.653, 719-724. DOI: https://doi.org/10.2991/assehr.k.220401.137

Wardayati, S. M., Wahyuni, N. I., & Arif, A. (2021). Career as an Internal Auditor: Analysis on Determinant Factors of Accounting Students' Choice Toward This Career Path. Quality-Access to Success, 22(185), 155-163. DOI: https://doi.org/10.47750/QAS/22.185.21

Published
2024-09-10
How to Cite
Mohd Ali, N. A., Bustamam, K. S., Saidin, A., Adanan, S. A., & Abdullah Sani, A. (2024). An Exploration of Accounting Student’s Perspective on Factors Influencing Audit Career Choice. Information Management and Business Review, 16(3(I), 407-419. https://doi.org/10.22610/imbr.v16i3(I).3892
Section
Research Paper