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Journal of European Economic History
2020, Volume:1, Issue:2 : 29-33
Research Article
Accounting Education Responses to Global Financial Crises: Curriculum Reform, Pedagogical Innovation, and Professional Reorientation
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1
Department of Accounting and Information Systems, Institute of Business Studies, New Delhi, India
2
School of Commerce and Digital Economy, North Eastern University, Guwahati, India
3
Faculty of Business, Accounting and Analytics, Global University of Technology, London, United Kingdom
Abstract

Global financial crises have repeatedly exposed weaknesses in financial systems, regulatory frameworks, and professional practices, prompting critical reflection on the role of accounting education. Events such as the 2008 global financial crisis and subsequent economic disruptions have challenged traditional accounting curricula, which were often criticized for excessive technical focus and insufficient emphasis on ethics, risk management, and systemic thinking. This research paper examines how accounting education has responded to global financial crises through curriculum reform, pedagogical innovation, and enhanced focus on ethics and professional judgment. Drawing on international literature, policy reports, and educational frameworks, the study analyzes key changes in accounting education before and after major crises. The paper proposes a crisis-responsive accounting education framework that integrates financial stability, ethical reasoning, sustainability, and critical thinking. The findings highlight accounting education as a vital mechanism for restoring trust in financial systems and preparing future professionals to navigate economic uncertainty.

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