Accounting Education in Papua New Guinea: Advancing Industry Readiness in the Digital Era

Abstract

The accounting profession in Papua New Guinea is undergoing change driven by globalization, new regulations, and digital technologies such as cloud accounting, artificial intelligence, and blockchain. University programs have started responding to these shifts. But how far has the response gone? This mixed-methods study surveyed 73 accounting students, 13 lecturers, and 17 employers across three PNG universities (UPNG, IBSU, and SCU) to examine the state of accounting education and its alignment with industry needs. Results show that 92% of students rated their subjects as relevant or highly relevant. About 75% confirmed curriculum alignment with job market needs. Software training covered MYOB (48%) and Xero (52%). All lecturers (100%) agreed that digital tools should be integrated into course delivery. Employers assessed 88% of recent graduates as adequately prepared. Areas for further development include broader software exposure, faculty training in digital tools, and stronger university-industry collaboration. All students (100%) completed internships, with 84% rating them as useful. The study confirms that PNG accounting programs provide strong theoretical foundations and identifies opportunities to strengthen digital and practical components for the benefit of graduates and the profession.