Shaping a Better World
February 2025
From The CPA Journal, by Garry D. Carnegie, PhD, FCPA, CA (CAANZ), Lee Parker, PhD, FCPA, FCA (CAANZ) and Erin Twyford, PhD, CA (CAANZ)
Definitions of accounting deployed today are observably narrow, outdated, and increasingly unsuitable for realizing the full potential of accounting in today’s world. Without key definitional change and related understanding, accounting is set to become an increasingly irrelevant technical practice. To retain its central role in society today, accounting is in urgent need of re-shaping as a multidimensional “technical, social, and moral practice”…
Keep reading at: The Case for Redefining Accounting as a Multidimensional Practice – The CPA Journal
