The Discipline Of Accounting Finance Recent Events

Once again, I find myself in that slightly odd void, space after the end of exams but before the start of the next trimester. I sit here still afflicted with the shadow of guilt for not studying, but knowing full well I don’t really have to for a couple of weeks. So I guess it is time to reflect upon what I have learned. Firstly the module was very similar to the one before, so while I did learn new stuff, I will not bore you discussing different shades of grey I learned all about. â€Å"Does this add value to Society?† This isn’t a new question, but it was one that was asked repeatedly during my module. Many disciplines have attempted to answer this question with varying degrees of success. Within the discipline of Accounting Finance recent events both recent and not so recent make the question pressingly relevant. The financial scandals of the Mirror Group pensions, Enron, HBOS and the list goes on have forced the question onto accountants but it does seem to have forced much of an answer. The question isn’t new or difficult to understand. Anyone can look at a firm and talk about the good or bad it does, and in fact much of the current media narrative is doing just. We have the Wall Street protests and lambasting of Google tax arrangements. How does we translate this social drive for better firms into a language that can balance profit with people? And perhaps more importantly why aren’t we trying harder to do this? As a student and an accountant I am frustrated. You doShow MoreRelatedExplain How the Role of an Accountant Has Changed over Time. Essay1440 Words   |  6 PagesExplain how the role of an accountant has changed over time. Discuss the role of the accountant in modern business. I. Introduction. Thesis statement: Many changes have happened in Accounting in the last few years. 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