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Date: 2024-02-24 Page is: DBtxt001.php txt00003907

Accountancy
Areas of professional interest

These 'Areas of professional interest' are covered by the UK publication 'Accountancy Age Insight'

Burgess COMMENTARY
This list is very depressing. Accountancy is a very powerful methodology for analysis of business and economic performance, but this list shows how the accountancy profession concerns itself with the performance of business enterprise but ignores totally the performance of society.

The big thing for accountancy at this point in history should be to engage in the absolutely vital discussion about economic and social reform that are needed for the people of this planet to progress in a meaningful way. The prevailing money profit laissez faire capitalist market economy together with the modern monetary economy and banking system may be better than totalitarian communism as a way to manage the economy, but as we have seen in the 1930s and again in 2007/2008, the system is deeply flawed.

A system of accounting that embraces money profit and valuadd contribution would change the way the business games are played ... and in turn deliver outcomes that are way better for people and planet than what we have at this point in history.
Peter Burgess

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The text being discussed is available at
http://www.accountancyageinsight.com/
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