Exploring Undergraduate Students’ Perception of 4IR Digital Era at a Higher Education Institution in South Africa
Abstract
Objective –This study aims to explore undergraduate students’ perceptions and knowledge of 4IR in relation to their accounting curriculum and careers at HEIs in KwaZulu-Natal. The digital revolution is altering the way in which people and organizations work, as well as nearly every other aspect of human life. Furthermore, 4IR is re-writing society's fundamental rules, which highlights the need for this paper.
Methodology –This study used a census approach to gather quantitative data from one of South Africa's HEIs, via an online questionnaire link created with the Microsoft Forms application. The study was conducted online with a total population of 257 exit-level students from the Diploma in Accounting programme, the population that was targeted. The sample size was 172 out of 257 students, with a response rate of 66.9%.
Results –The findings indicated that students' knowledge of 4IR is limited, with only 56.4% of students having an understanding of what big data, artificial intelligence and the Internet of Things (IoT) are.
Research limitations/implications –There is a need to close the knowledge gap between Financial Accounting students’ knowledge of 4IR trends like big data, artificial intelligence (AI) and the Internet of Things (IoT) and curriculum content. The study's population was limited to exit-level students at one Higher Education Institution, hence the study's findings may not be generalizable to all HEIs.
Novelty/Originality –The study’s novelty contributes to the growing body of research on how accounting technology can improve Financial Accounting education. The study provides an original perspective on the applicability of 4IR Accounting software systems and packages in a South African context, since most related studies were not conducted in South Africa. Furthermore, the study illustrates the importance of 4IR in the accounting curriculum.
Keywords
Full Text:
PDFReferences
Arek-Bawa, O. and Reddy, S. 2020. Blending Digital and Technological Skills with Traditional Commerce Education Knowledge in Preparation for the 4IR Classroom: The COVID-19 Catalyst.
Asonitou, S. 2015. The Evolution Of Accounting Education And The Development Of Skills. In: Proceedings of 11th interdisciplinary workshop on intangibles, intellectual capital and extra-financial information, European Institute for Advanced Studies in Management (EIASM), Athens University of Economics and Business, Greece. 17-18.
Bozalek, V. and Ng’ambi, D. 2015. The context of learning with technology. Moving beyond the hype: A contextualised view of learning with technology in higher education: 3-6.
Butler-Adam, J. 2018. The fourth industrial revolution and education. South African Journal of Science, 114 (5-6): 1-1.
Chawla, D. and Sondhi, N. 2011. Research Methodology : Concepts and Cases. New Delhi: Vikas Publishing House.
Chuang, S. and Graham, C. M. 2018. Embracing the sobering reality of technological influences on jobs, employment and human resource development. European Journal of Training and Development, 42 (7/8): 400-416.
Coetzee, J., Neneh, B., Stemmet, K., Lamprecht, J., Motsitsi, C. and Sereeco, W. 2021. South African universities in a time of increasing disruption. South African Journal of Economic and Management Sciences, 24 (1)
Concannon, F., Flynn, A. and Campbell, M. 2005. What campus‐based students think about the quality and benefits of e‐learning. British journal of educational technology, 36 (3): 501-512.
Dingus, A. 2021. Technology in Accounting: A qualitative study of undergraduate preparedness. University Honors, East Tennessee State University. Available: https://dc.etsu.edu/honors/634 (Accessed 10 May 2022).
Elaine Gioiosa, M. and Kinkela, K. 2019. Active learning in accounting classes with technology and communication skills: A two-semester study of student perceptions. Journal of Education for Business, 94 (8): 561-568.
Elayyan, S. 2021. The future of education according to the fourth industrial revolution. Journal of Educational Technology and Online Learning, 4 (1): 23-30.
Fomunyam, K. G. 2019. Education and the Fourth Industrial Revolution: Challenges and possibilities for engineering education. International Journal of Mechanical Engineering and Technology, 10 (8): 271-284.
Fomunyam, K. G. 2020. Deterritorialising to reterritorialising the curriculum discourse in African higher education in the era of the fourth industrial revolution. International Journal of Higher Education, 9 (4): 27-34.
Ghani, E. K. and Muhammad, K. 2019. Industry 4.0: Employers' expectations of accounting graduates and its implications on teaching and learning practices. International Journal of Education and Practice, 7 (1): 19-29.
Herrador-Alcaide, T. C., Hernández-Solís, M. and Sanguino Galván, R. 2019. Feelings of satisfaction in mature students of financial accounting in a virtual learning environment: an experience of measurement in higher education. International Journal of Educational Technology in Higher Education, 16 (1): 20.
Karsten, I., van der Merwe, M. and Steenekamp, K. 2020. Empowering accounting students to enhance the self-determination skills demanded by the fourth industrial revolution. South African Journal of Higher Education, 34 (2): 36-58.
Kolding, M., Sundblad, M., Alexa, J., Stone, M., Aravopoulou, E. and Evans, G. 2018. Information management – a skills gap? The Bottom Line, 31 (4): 170-190.
Lambert, L. 2017. The four challenges of the fourth industrial revolution. Market Mogul,
Machera, P. and Machera, P. 2017. Computerised Accounting Software; A Curriculum that Enhances an Accounting Programme. Universal Journal of Educational Research, 5: 372-385.
Mahlaba, S. C. 2020. Reasons why self-directed learning is important in South Africa during the COVID-19 pandemic. South African Journal of Higher Education, 34 (6): 120-136.
Marzuki, M. M., Nik Abdul Majid, W. Z., Salwani, R., Mohd Zawawi, M. Z. and Abu Bakar, H. 2019. Students’ perceptions and learning approaches in accounting: The role of mobile apps technology. Management & Accounting Review (MAR), 18 (3): 1-32.
Menon, K. and Castrillón, G. 2019. Reimagining curricula for the fourth industrial revolution. The Independent Journal of Teaching and Learning, 14 (2): 6-19.
Mhlanga, D. and Moloi, T. 2020. Covid-19 and the digital transformation of education: What are we learning on 4IR in South Africa? Education Sciences, 10 (7): 180.
Ndung’u, N. and Signé, L. 2020. The Fourth Industrial Revolution and digitization will transform Africa into a global powerhouse. Foresight Africa Report, 5 (1): 1-177.
Nel, D. and Kayembe, C. 2019. Challenges and opportunities for education in the Fourth Industrial Revolution. African Journal of Public Affairs, 11 (3): 79-79-94.
Pauceanu, A. M., Rabie, N. and Moustafa, A. 2020. Employability under the fourth industrial revolution. Economics & Sociology, 13 (3): 269.
Penprase, B. E. 2018. The Fourth Industrial Revolution and higher education. In: Gleason, N. W. ed. Higher education in the era of the fourth industrial revolution. Singapore: Palgrave Macmillan, 207-228. Available: https://doi.org/10.1007/978-981-13-0194-0 (Accessed 20 March 2022).
Peters, M. A. 2017. Technological unemployment: Educating for the fourth industrial revolution. Educational Philosophy and Theory, 49 (1): 1-6.
Reaves, J. 2019. 21st-century skills and the fourth Industrial Revolution: A critical future role for online education. International Journal on Innovations in Online Education, 3 (1)
Richardson, P., Dellaportas, S., Perera, L. and Richardson, B. 2013. Students’ perceptions on using iPods in accounting education: a mobile‐learning experience. Asian Review of Accounting, 21 (1): 4-26.
Richardson, V. J. and Shan, Y. 2019. Data analytics in the accounting curriculum. In: Advances in Accounting Education: Teaching and Curriculum Innovations. Bingle: Emerald Publishing Limited, 67-79. 14 September 2022).
Rîndașu, S.-M. 2017. Emerging information technologies in accounting and related security risks – what is the impact on the Romanian accounting profession. Journal of Accounting and Management Information Systems, 16 (4): 581-609.
Shahroom, A. A. and Hussin, N. 2018. Industrial revolution 4.0 and education. International Journal of Academic Research in Business and Social Sciences, 8 (9): 314-319.
Tan, L. M. and Laswad, F. 2018. Professional skills required of accountants: what do job advertisements tell us? Accounting Education, 27 (4): 403-432.
Teo, T., Unwin, S., Scherer, R. and Gardiner, V. 2021. Initial teacher training for twenty-first century skills in the Fourth Industrial Revolution (IR 4.0): A scoping review. Computers & Education, 170: 104223.
Terblanche, E. A. J. and De Clercq, B. 2021. A critical thinking competency framework for accounting students. Accounting Education, 30 (4): 325-354.
The Internet Society. 2015. The internet of things: An overview. Geneva: Internet Society. Available: https://www.internetsociety.org/iot (Accessed 10 March 2023).
Xing, B. and Marwala, T. 2017. Implications of the fourth industrial age on higher education. arXiv preprint arXiv:1703.09643,
Xu, M., David, J. M. and Kim, S. H. 2018. The fourth industrial revolution: Opportunities and challenges. International Journal of Financial Research, 9 (2): 90-95.
Yusuf, B., Walters, L. M. and Sailin, S. N. 2020. Restructuring Educational Institutions for Growth in the Fourth Industrial Revolution (4IR): A Systematic Review. Int. J. Emerg. Technol. Learn., 15 (3): 93-109
DOI: https://doi.org/10.24815/jaroe.v6i1.32046
Article Metrics
Abstract view : 37 timesPDF - 19 times
Refbacks
- There are currently no refbacks.
Published by:
Department of Accounting
Faculty of Economics and Business
Universitas Syiah Kuala
Kopelma Darussalam, Banda Aceh, Indonesia - 23111
E-ISSN: 2621-1041

Journal of Accounting Research, Organization and Economics by Department of Accounting Faculty of Economics and Business Universitas Syiah Kuala is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Based on a work at https://jurnal.usk.ac.id/JAROE/index.


