«(...)today’s accounting students must be able to learn technologies quickly and continuously, and this expectation must be imbued in them during their studies.(...)»

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«(...)today’s accounting students must be able to learn technologies quickly and continuously, and this expectation must be imbued in them during their studies. Students must be able to solve an unstructured problem, with a part of the solution found in determining which technology they should use during analysis. For example, the old way of teaching accounting was to teach Excel skills and then assign an Excel project that would reinforce those particular Excel skills. Going forward, educators must expose students to a problem, ask them how best to address the issue, and require them to identify pathways to a solution. It involves determination of which current technologies to use, where the relevant sources are, and how they would—as an expert—integrate and synthesize facts to create a solution. This mindset is paramount to success in the new age of accounting, and the 2018 standards stress learning for the sake of learning, with the expectation that faculty, too, will embrace lifelong learning. (...)».