The importance of financial accounting and cost accounting for the labour market: a study on the perception of students from an HEI

• Autor(a) principal: Quesado, Patricia
• Data de Publicação: 2019
• Outros Autores: Silva, Lurdes, Cardoso, Cláudia
• Tipo de documento: Artigo
• Idioma: eng
• Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
• Texto Completo: http://hdl.handle.net/11110/1804
• topic: Financial accounting; cost accounting; HEI; perception

Purpose: The main objective of this study is to analyse the perception of accounting/tax students from a Higher Education Institution (HEI) on the importance of financial accounting and costs for the labour market. Design/methodology/approach: The study is quantitative, and data was collected through a questionnaire for students who are completing a higher education degree in the areas of accounting and taxation. Findings: It was possible to conclude that the students consider financial and cost accounting as fundamental to the labour market and of utmost importance the information provided by financial accounting for compliance with legal obligations, to assist in making internal decisions and meeting the information needs of the interested public. As for cost accounting, most consider that it should be mandatory implementation in organizations, indicating as reasons for it: the need for cost reduction; the improvement in the establishment of priority initiatives and the allocation of resources; and the analysis of the profitability of customers. Originality/value: The study presents a contribution to the current state of knowledge, since it highlights the importance of the area of Financial Accounting and Cost or Analytical Accounting for the labour market and for organizations in the perspective of students attending courses in those areas, at a public HEI. In addition, a theoretical basis is provided for subsequent research, evidencing the breadth of research on the topic studied.