1st Edition

The Social Function of Accounts Reforming Accountancy to Serve Mankind

By John Flower Copyright 2017
232 Pages
by Routledge

232 Pages
by Routledge

232 Pages
by Routledge

Accountancy as presently practised is tied to the paradigm of modern financial capitalism with its reliance on market solutions and the maximization of the firm’s profits, which are the fundamental causes of most these problems. The Social Function of Accounts argues that accountancy, as currently organized and practised, is failing society, both in Britain and in the world as a whole.... Read more
 1. Capitalism in Crisis

2. Accountancy: Capitalism’s Handmaiden

3. The Deplorable State of Accountancy Practice

4. The Reform of Capitalism: The Stakeholder Theory of the Firm

5. The Reform of Accountancy: Stakeholder Reporting

6. Sustainability Reporting: the GRI’s Initiative

7. Integrated Reporting: A Disappointing Failure

8. Conclusions

Biography

John Flower, now retired, was formerly Professor of Accounting at the University of Bristol and Director of the Centre for Research in European Accounting, Brussels.