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Volume:5, Issue:3
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Journal of European Economic History
2024, Volume:5, Issue:3 : 13-18
Research Article
Global Benchmarking of Accounting Education Outcomes
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1
Department of Accounting, Global School of Business, Kuala Lumpur, Malaysia
2
School of Accountancy, Pacifica University, Manila, Philippines
3
Centre for Higher Education Studies, Bengaluru, India
Abstract

Global mobility of accountants, cross-border capital markets, and rapidly evolving reporting/assurance expectations have intensified the need to benchmark accounting education outcomes across institutions and countries. Yet benchmarking remains difficult because programs differ in curriculum structures, regulatory contexts, accreditation models, assessment practices, and definitions of “competence.” This paper proposes an integrated benchmarking framework that aligns program outcomes with internationally recognized competency expectations (e.g., IFAC International Education Standards), accreditation-driven assurance of learning systems, and licensure-oriented competency specifications (e.g., CPA exam blueprints). Building on a logic-model view of education quality, we propose (i) a harmonized outcome taxonomy, (ii) a balanced scorecard of direct and indirect measures, (iii) an index-based benchmarking approach with defensible normalization, and (iv) governance and ethics protocols to ensure fair comparisons. The contribution is a practical pathway for institutions and policymakers to benchmark learning outcomes while respecting local context and avoiding misleading league-table behavior.

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