The future of accounting
Redefining accounting for tomorrow
Now is the time to create accounting that is better suited to today’s realities
A message from Professor Garry Carnegie
The means of accounting that we teach are hyper-developed, while the ends seem under-articulated, hazy and even opaque.
Accounting’s ethics and public interest rhetoric ring hollow without a reckoning with real-world organisational, social and environmental impacts.
Fundamentally, accounting must re-examine its reason for existing.
Don’t ask what accounting can do for you. Ask what you can do for accounting in shaping a better world.
For students — tomorrow’s leaders — now is the time to create accounting that is better suited to today’s realities. One that prizes ethical rigour, social responsibility, and moral purpose as much as technical mastery.
Popular posts
Redefining accounting for tomorrow
On Tuesday, 16 April 2024, Professor Garry Carnegie presented “Redefining Accounting for Tomorrow”. In a thought-provoking webinar, he issued a wake-up call for accounting to re-examine its core purpose. He claims that accounting has become stuck in an outdated, narrow “technical mindset” that risks making it irrelevant, or even harmful,…Read more
Accountants can help save the world
Todd believes that accounting is not only broken but is contributing to the destruction of the planet. He is calling on accounting academics to help fix this. …Read more
Accounting Streams: reimagining accounting education for the future
Accounting education stands at a crossroads in a world of rapid technological advancement and evolving societal needs. A recent Accounting Streams workshop at UCL’s Canary Wharf campus brought together educators, researchers, practitioners and thought leaders to address a pressing question: How can we reimagine accounting education to meet future demands.…Read more
Embedding sustainability in audit and accounting education
“Embedding Sustainability in Audit and Accounting Education – A forum for professional accountancy bodies, academics & training providers” was an event organised by the Financial Reporting Council (FRC) and the British Accounting and Finance Association (BAFA) at Alliance Manchester Business School on 1 November 2023. Toby York is a senior…Read more
Accounting Streams: open-access resources for a reimagined curriculum
Accounting Streams is a new project seeking help from a broad range of contributors to create a reimagined accounting curriculum. The Accounting Streams project seeks to reimagine accounting education for contemporary society by embracing the purpose of accounting and its economic, social, moral, and technical underpinnings. It embraces questions of…Read more
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