Beyond the Numbers: Exploring the Perspectives of Students on the Integration of Data Analytics in Tax Law Education

Abstract

Undoubtedly, the integration of data analytics into the accounting curriculum has a multitude of advantages. Nevertheless, it is vital to ascertain the suitable array of talents to incorporate into the curriculum. Therefore, the primary objective of this study is to investigate the specific data analytics abilities that are deemed necessary by a sample of 100 accounting students. The skills were evaluated through document analysis in the field of taxation law, where students were taught how to use data analytics techniques and tools using a case sample. The main result shows a wide range of terms related to data analytics, many of which are frequently used in the data-focused industry. These encompass the examination of quantitative data through the application of statistical methodologies for the goals of description, diagnosis, prediction, and prescription. The significance of understanding taxation law requirements and data analytics in classroom activities is underlined by a case study employing Excel spreadsheets. The ability to comprehend legal concepts allows students to develop a solid understanding of the essential framework of the law, leading to an improvement in their general competency. Further, based on student feedback emphasises the importance of incorporating data visualisation within the data analytics procedure which is consistent with the suggestions put forth by professional bodies into tax curriculum. The results imply to the significance of harmonising accounting curricula with the industry's requirements. This highlights the necessity for additional academic examination into the dissemination of information and the choice of appropriate evaluation elements for enhancing data analytics skills.