Vol. 7, Issue 2, Part D (2025)

The Fifth Industrial Revolution has necessitated new skills and competencies from financial and accounting professionals. This study aims to investigate how emerging knowledge and skills in the field of finance and accounting are being defined globally, and to examine the skills imparted to financial and accounting professionals through Mongolia's higher education system using a survey method. A questionnaire was administered to a total of 111 accountants to determine how these skills are acquired. The results were analyzed using factor analysis to identify correlations. The findings indicate that knowledge and skills acquired through experience vary significantly across different years of work experience groups. Efforts should be made to address this disparity in the future.