Modern Accounting Education

Accounting Education is the education which is very necessary for every person. In narrow sense ,if a person knows the system of recording his income ,expenses and assets and liabilities . It is sufficient only that person who is just operating his sole trade .

But today , the concept of business takes in very wider form. We are seeing various retail hubs , supper bazaars and e-commerce shops not in developed countries but also in developing countries . Every business nature has become different from other business's nature .

At this climax point of today business we should take accounting education in new way . It is called online project based accounting . Japan and China are two countries where , they are starting to give this education to their students . In India , we still today are practising our student classic based accounting . If we have to accept this modern accounting education , we should change the system of giving our accounting education to our students of India.

In general wording , I want to clear the concept of online project based accounting . Online project based accounting is that new technique of accounting education , in which whole work of business is deemed as a single project and all employees of any field is inter-connected with their business network and every employee gives his contribution for maintaining the accounting system for one motive of completing this project successfully . So , companies provide special online project based accounting from expert in this field.

But , it is very sad for our Indian people that our ministerial department and Govt. is just stress on giving old and classic accounting education to our students in commerce field . Even a Commerce graduate , if he does not get extra education through Internet and other advance printed media , he will not adjust in this days accounting environment .

I want to suggest to all the educationist thought this online accounting education journal that our responsibility is to stand Indian in the first position in the field of Education of Accounting . Because , our students have high brain and good logical skills but they want international technical skills and practical knowledge of online project based accounting . It is very necessary for us to convert commerce field into accounting field . Therefore Commerce students can make one target of success that is accounting education .