Carnegie, Parker and Tsahuridu (2021, p. 69) in the Australian Accounting Review critique traditi... more Carnegie, Parker and Tsahuridu (2021, p. 69) in the Australian Accounting Review critique traditional definitions of accounting as technical practice and propose a multidimensional definition of accounting for shaping a better world, stating: "Accounting is a technical, social and moral practice concerned with the sustainable utilisation of resources and proper accountability to stakeholders to enable the flourishing of organisations, people and nature". The aspiration for a better world is when accounting is designed and deployed for the betterment of society and the natural environment, which means for the benefit of all, humans and non-humans. This definition is intended to enable accounting to reach its full potential, including contributing to broadening the field of academic accounting. This list of contributions relating to this definition has been assembled to be informative and useful to accounting academics, practitioners, and to current and prospective students of the discipline, and to the trusted advisors of students, as well as to other non-accountants.
EE Handbook of Accounting, Accountability and Governance, 2023
This Handbook explores how accounting, accountability and governance are interconnected, and demo... more This Handbook explores how accounting, accountability and governance are interconnected, and demonstrates that they must operate effectively together in establishing good personal and organizational behaviour in entities of all types around the globe. It will be crucial for academic researchers working within the fields of accounting, economics, corporate governance, accountability, management and business and be beneficial for accounting, economics and management professionals seeking to clarify and expand upon their knowledge for effective application.
The health of organizations, both financial and moral, and the success and stability of share markets and other markets is premised on relevant and reliable accounting information, proper accountability, and good governance. Chapters address a diverse range of organizations and settings and investigate new ways of holding organizations and their managers accountable, not just for financial but also for social and environmental performance. Effective accounting, accountability and governance are seen as requiring not just technical practices but also social and moral practices. Emphasizing their interconnectedness is necessary to achieve better outcomes for organizations, society and the planet.
This expansive Handbook will be crucial for academic researchers working within the fields of accounting, economics, corporate governance, accountability, management, and business and be beneficial for accounting, economics and management professionals seeking to clarify and expand upon their knowledge for effective application.
Purpose-The monetary valuation of cultural heritage of a selection of 16 major public, not-for-pr... more Purpose-The monetary valuation of cultural heritage of a selection of 16 major public, not-for-profit Australian cultural institutions is examined over a period of almost three decades (1992-2019) to understand how they have responded to the paradoxical tensions of heritage valuation for financial reporting purposes. Design/methodology/approach-Accounting for cultural heritage is an intrinsically paradoxical practice; it involves a conflict of two opposite ways of attributing value: the traditional accounting and the heritage professionals (or curatorial) approaches. In analysing the annual reports and other documentary sources through qualitative content analysis, the study explores how different actors responded to the conceptual and technical contradictions posed by the monetary valuation of "heritage assets", the accounting phraseology of accounting standards. Findings-Four phases emerge from the analysis undertaken of the empirical material, each characterised by a distinctive nature of the paradox, the institutional responses discerned and the outcomes. Although a persisting heterogeneity in the practice of accounting for cultural heritage is evident, responses by cultural institutions are shown to have minimised, so far, the negative impacts of monetary valuation in terms of commercialisation of deaccessioning decisions and distorted accountability. Originality/value-In applying the theoretical lens of paradox theory in the context of the financial reporting of heritage, as assets, the study enhances an understanding of the challenges and responses by major public cultural institutions in a country that has led this development globally, providing insights to accounting standard setters arising from the accounting practices observed.
This study presents the findings drawn from interviews with individuals who are engaged actively ... more This study presents the findings drawn from interviews with individuals who are engaged actively in graduate recruitment and the ongoing professional development of accountants. These interviewees were drawn from four key stakeholder groups comprising small, medium and large professional services firms, other employers of accounting graduates, regulators, including the major professional accounting bodies, and accounting academics. The key findings indicate that the future of accounting, like other facets of society, is being transformed by technology and the future of accounting work will advance into new areas while retaining broadly its fundamental core knowledge areas. New entrants into this field will need to possess well developed professional skills on their entry into the profession and, in combination with evolving professional knowledge and a solid core of professional values, ethics and attitudes. In addition, they need to have an ability to create value as business and wealth advisors, interpreters and communicators of financial and non-financial information, and contribute to the strategic direction of organisations, in particular, and society, in general. The findings of this investigation have resulted in the development of 17 recommendations designed to provide proactive strategies to meet the challenges presented and these are provided for higher education providers and accounting schools, employers, professional accounting bodies, and accounting students.
Purpose-This article centres on the pertinence of redefining accounting for tomorrow, particularl... more Purpose-This article centres on the pertinence of redefining accounting for tomorrow, particularly for facilitating the attainment of the UN Sustainable Development Goals (SDGs) and, thereby, for shaping a better world. In aspiring for accounting to reach its full potential as a multidimensional technical, social and moral practice, this paper aims to focus on ideas, initiatives and proposals for realising accounting's future potential and responsibilities. Design/methodology/approach-The study deploys a further developed "strategic implementation framework", initially proposed by Carnegie et al. (2023), with an emphasis on accounting serving "the public interest" so as "to enable the flourishing of organisations, people and nature" (Carnegie et al., 2021a, p. 69; 2021b). It depicts strategies towards the future of accounting and the world. Findings-Significant opportunities are identified for accounting and accountants, working closely with a diversity of stakeholders, to become alert to and cognisant of the nature, roles, uses and impacts of accounting. The evidence presented notes a predominant inattention of accounting and accountants to the SDGs despite the deteriorating state of our social and natural environment. Research limitations/implications-Whilst this article examines other articles in this special issue (SI), there is no substitute for carefully reading, reflecting on and deliberating upon these articles individually.
A broader, universal definition of accounting focusing on its three key dimensions offers a paradi... more A broader, universal definition of accounting focusing on its three key dimensions offers a paradigm shift for shaping a better world and is central to enhancing accounting’s attractiveness to the best and brightest to join the profession.
Carnegie, Parker and Tsahuridu (2021, p. 69) in the Australian Accounting Review critique traditi... more Carnegie, Parker and Tsahuridu (2021, p. 69) in the Australian Accounting Review critique traditional definitions of accounting as technical practice and propose a multidimensional definition of accounting for shaping a better world, stating: "Accounting is a technical, social and moral practice concerned with the sustainable utilisation of resources and proper accountability to stakeholders to enable the flourishing of organisations, people and nature". The aspiration for a better world is when accounting is designed and deployed for the betterment of society and the natural environment, which means for the benefit of all, humans and non-humans. This definition is intended to enable accounting to reach its full potential, including contributing to broadening the field of academic accounting. This list of contributions relating to this definition has been assembled to be informative and useful to accounting academics, practitioners, and to current and prospective students of the discipline, and to the trusted advisors of students, as well as to other non-accountants.
EE Handbook of Accounting, Accountability and Governance, 2023
This Handbook explores how accounting, accountability and governance are interconnected, and demo... more This Handbook explores how accounting, accountability and governance are interconnected, and demonstrates that they must operate effectively together in establishing good personal and organizational behaviour in entities of all types around the globe. It will be crucial for academic researchers working within the fields of accounting, economics, corporate governance, accountability, management and business and be beneficial for accounting, economics and management professionals seeking to clarify and expand upon their knowledge for effective application.
The health of organizations, both financial and moral, and the success and stability of share markets and other markets is premised on relevant and reliable accounting information, proper accountability, and good governance. Chapters address a diverse range of organizations and settings and investigate new ways of holding organizations and their managers accountable, not just for financial but also for social and environmental performance. Effective accounting, accountability and governance are seen as requiring not just technical practices but also social and moral practices. Emphasizing their interconnectedness is necessary to achieve better outcomes for organizations, society and the planet.
This expansive Handbook will be crucial for academic researchers working within the fields of accounting, economics, corporate governance, accountability, management, and business and be beneficial for accounting, economics and management professionals seeking to clarify and expand upon their knowledge for effective application.
Purpose-The monetary valuation of cultural heritage of a selection of 16 major public, not-for-pr... more Purpose-The monetary valuation of cultural heritage of a selection of 16 major public, not-for-profit Australian cultural institutions is examined over a period of almost three decades (1992-2019) to understand how they have responded to the paradoxical tensions of heritage valuation for financial reporting purposes. Design/methodology/approach-Accounting for cultural heritage is an intrinsically paradoxical practice; it involves a conflict of two opposite ways of attributing value: the traditional accounting and the heritage professionals (or curatorial) approaches. In analysing the annual reports and other documentary sources through qualitative content analysis, the study explores how different actors responded to the conceptual and technical contradictions posed by the monetary valuation of "heritage assets", the accounting phraseology of accounting standards. Findings-Four phases emerge from the analysis undertaken of the empirical material, each characterised by a distinctive nature of the paradox, the institutional responses discerned and the outcomes. Although a persisting heterogeneity in the practice of accounting for cultural heritage is evident, responses by cultural institutions are shown to have minimised, so far, the negative impacts of monetary valuation in terms of commercialisation of deaccessioning decisions and distorted accountability. Originality/value-In applying the theoretical lens of paradox theory in the context of the financial reporting of heritage, as assets, the study enhances an understanding of the challenges and responses by major public cultural institutions in a country that has led this development globally, providing insights to accounting standard setters arising from the accounting practices observed.
This study presents the findings drawn from interviews with individuals who are engaged actively ... more This study presents the findings drawn from interviews with individuals who are engaged actively in graduate recruitment and the ongoing professional development of accountants. These interviewees were drawn from four key stakeholder groups comprising small, medium and large professional services firms, other employers of accounting graduates, regulators, including the major professional accounting bodies, and accounting academics. The key findings indicate that the future of accounting, like other facets of society, is being transformed by technology and the future of accounting work will advance into new areas while retaining broadly its fundamental core knowledge areas. New entrants into this field will need to possess well developed professional skills on their entry into the profession and, in combination with evolving professional knowledge and a solid core of professional values, ethics and attitudes. In addition, they need to have an ability to create value as business and wealth advisors, interpreters and communicators of financial and non-financial information, and contribute to the strategic direction of organisations, in particular, and society, in general. The findings of this investigation have resulted in the development of 17 recommendations designed to provide proactive strategies to meet the challenges presented and these are provided for higher education providers and accounting schools, employers, professional accounting bodies, and accounting students.
Purpose-This article centres on the pertinence of redefining accounting for tomorrow, particularl... more Purpose-This article centres on the pertinence of redefining accounting for tomorrow, particularly for facilitating the attainment of the UN Sustainable Development Goals (SDGs) and, thereby, for shaping a better world. In aspiring for accounting to reach its full potential as a multidimensional technical, social and moral practice, this paper aims to focus on ideas, initiatives and proposals for realising accounting's future potential and responsibilities. Design/methodology/approach-The study deploys a further developed "strategic implementation framework", initially proposed by Carnegie et al. (2023), with an emphasis on accounting serving "the public interest" so as "to enable the flourishing of organisations, people and nature" (Carnegie et al., 2021a, p. 69; 2021b). It depicts strategies towards the future of accounting and the world. Findings-Significant opportunities are identified for accounting and accountants, working closely with a diversity of stakeholders, to become alert to and cognisant of the nature, roles, uses and impacts of accounting. The evidence presented notes a predominant inattention of accounting and accountants to the SDGs despite the deteriorating state of our social and natural environment. Research limitations/implications-Whilst this article examines other articles in this special issue (SI), there is no substitute for carefully reading, reflecting on and deliberating upon these articles individually.
A broader, universal definition of accounting focusing on its three key dimensions offers a paradi... more A broader, universal definition of accounting focusing on its three key dimensions offers a paradigm shift for shaping a better world and is central to enhancing accounting’s attractiveness to the best and brightest to join the profession.
Studies of early Australian accounting texts and their authors have yet to be augmented by examin... more Studies of early Australian accounting texts and their authors have yet to be augmented by examinations of the subsequent specialist books which were written to guide accounting practice within specific domains, such as the pastoral and mining industries. This study examines the contents, use, and influence of an early specialist pastoral accounting text entitled Station Book-keeping, which was published in Australia in five editions over the period 1900 to 1937. The life and career of the book's author, Francis Ernest Vigars, are also outlined. Station Book-keeping described and advocated a comprehensive system of double-entry accounting for pastoral stations and is posited as a key medium by which this technology was adapted and transferred for use by these entities. In turn, it is argued that Vigars' book, by extending the use of conventional accounting technique, facilitated greater involvement by professional accountants within a major Australian industry.
Australian literature on professional accounting and audit begins in 1880. The two decades to 190... more Australian literature on professional accounting and audit begins in 1880. The two decades to 1900 were a crucial period in Australian history, the boom years of the 1880s being followed by the severe recession of the 1890s and the federation of the Australian. There were no professional accounting journals but publication took place in banking and insurance magazines, commercial newspapers and general newspapers. This book reprints 65 articles from this turbulent period and hugely productive period in Australian Accounting and Auditing practices.
This biographical study presents a portrait of Robert William Gibson (1931–2014), who spent the b... more This biographical study presents a portrait of Robert William Gibson (1931–2014), who spent the bulk of his academic career at the University of Melbourne, the Gordon Institute of Technology and Deakin University, spanning the period 1960 to 1993. Gibson was a prominent researcher of the historical development of regulated company accounting and in exploring issues in contemporary financial reporting. He stimulated curiosity as an accounting educator across a range of subjects, especially accounting theory. Gibson was an editor of accounting history publications, specifically as joint editor of the Accounting History Newsletter (1980–1989) and as editor of the initial or first series of Accounting History (1989–1994). His active life and productive academic career are examined in this study, which includes an outline of his administrative leadership at Deakin University, and his often long-lived voluntary roles beyond higher education institutions, which continued into his retirement. The recognition afforded to Gibson’s all-round contributions to accounting academia is also outlined.
How can a value be put on the past? This article promotes discussion of how archaeologists and mu... more How can a value be put on the past? This article promotes discussion of how archaeologists and museum curators are being forced into providing valuations for their ‘resource’ and collections, and conforming to accounting practices.
This Special Issue is concerned with accounting as a combined technical, social and moral practic... more This Special Issue is concerned with accounting as a combined technical, social and moral practice with an overarching concern for shaping a better world from tomorrow, including by means of the United Nations’ Sustainable Development Goals (SDGs) and other key mechanisms.
This Call for Papers is available on the Emerald Meditari Accountancy Research web site as a HTML file, see:
A broader, clearer, more realistic definition of accounting is an essential step towards shaping ... more A broader, clearer, more realistic definition of accounting is an essential step towards shaping a better world and enhancing the profession's attractiveness, argue academics Garry Carnegie, CA and Jennifer Rose, FCA.
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The health of organizations, both financial and moral, and the success and stability of share markets and other markets is premised on relevant and reliable accounting information, proper accountability, and good governance. Chapters address a diverse range of organizations and settings and investigate new ways of holding organizations and their managers accountable, not just for financial but also for social and environmental performance. Effective accounting, accountability and governance are seen as requiring not just technical practices but also social and moral practices. Emphasizing their interconnectedness is necessary to achieve better outcomes for organizations, society and the planet.
This expansive Handbook will be crucial for academic researchers working within the fields of accounting, economics, corporate governance, accountability, management, and business and be beneficial for accounting, economics and management professionals seeking to clarify and expand upon their knowledge for effective application.
Papers
The health of organizations, both financial and moral, and the success and stability of share markets and other markets is premised on relevant and reliable accounting information, proper accountability, and good governance. Chapters address a diverse range of organizations and settings and investigate new ways of holding organizations and their managers accountable, not just for financial but also for social and environmental performance. Effective accounting, accountability and governance are seen as requiring not just technical practices but also social and moral practices. Emphasizing their interconnectedness is necessary to achieve better outcomes for organizations, society and the planet.
This expansive Handbook will be crucial for academic researchers working within the fields of accounting, economics, corporate governance, accountability, management, and business and be beneficial for accounting, economics and management professionals seeking to clarify and expand upon their knowledge for effective application.
This Call for Papers is available on the Emerald Meditari Accountancy Research web site as a HTML file, see:
https://www.emeraldgrouppublishing.com/calls-for-papers/accounting-technical-social-and-moral-practice-shaping-a-better-world