Knowledge Assessment in Accounting. An Analysis of Current Practices and Implications for the Accountancy Profession

Author:Univ. Prof. Nadia ALBU, Ph. D.; Associate Prof. Ovidiu BUNGET, Ph. D.; Univ. Lecturer Victor-Octavian MÜLLER, Ph. D.; Associate Prof. Andrei STANCIU, Ph. D.

JEL:M41

DOI:

Keywords:accountancy profession, accounting education, knowledge assessment, multiple choice questions

Abstract:
The body of knowledge and skills differentiates the accounting profession from other professions and activities. Consequently, issues related to the accounting and auditing education, both in terms of training and assessment, are of interest not only for universities, but also for the professional bodies. Besides training, the educational process includes knowledge assessment, which brings an important contribution to the development of specific competencies and skills. The aim of this paper is to investigate the perception of Romanian students toward different forms of assessment, and of their impact on knowledge assessment and skills development. The results suggest that the assessment has motivational and guiding components too, not only an administrative role (to give a grade, to be admitted or rejected). Also, the results show high support for the assessment based on open questions, and less support for multiple-choice questions and oral assessment. These results are of interest for the profession, especially in the context of an increased use of multiple-choice questions.\r\n

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