Business Issues in Accounting
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The Future of Corporate Reporting

The Future of Corporate Reporting | Business Issues in Accounting | Scoop.it
Corporate reporting is an essential element of companies’ accountability. It is how they communicate on their position and performance to stakeholders. This new FEE paper puts forward ideas for corporate reporting to evolve in a way that will keep pace with the developing economic reality and address the needs of a wider stakeholder audience. This …
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This is a detailed report looking at the future of corporate reporting  - including issues of the increasing amount of non-financial information and the impact technology is having on corporate reports.
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A Definition of the Public Interest | IFAC

A Definition of the Public Interest | IFAC | Business Issues in Accounting | Scoop.it

A hallmark of the accountancy profession is its obligation to act in the public interest. But it is not always apparent what this means, and how accountants can determine whether they are meeting this expectation. IFAC, by developing this position paper, is seeking to advance its understanding of this important issue.

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This link it to a PDF focusing on what we actually mean to act in the "public interest". It is not too long and gives a good insight into what groups in society come under the "public" in this regard and how each group is impacted by the accountancy profession.
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The future of the profession | ICAEW Economia

Global forces and technological trends are reshaping the accountancy profession across India, China, Europe and the rest of the world. New ways of doing business, shaped by technology and shifting regulatory environments, mean accountants in business and practice are facing tough challenges and exciting opportunities
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This piece looks at some of the challenges and opportunities that face the accountancy profession including technology, regulation, and globalisation of reporting.
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Do not blame accounting rules for the financial crisis

Do not blame accounting rules for the financial crisis | Business Issues in Accounting | Scoop.it
Ten years after the outbreak of the financial crisis, there are still persistent arguments about the role that accounting standards may have played in its genesis. 
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A nice short piece where the chairman of the International Accounting Standards Board stands over the role of accounting rules in the lead up to the financial crisis. Did accounting serve its purpose to society over this period? How could things have been improved?
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Chartered Accountant by Monty Python.mp4 - YouTube

Monty Python sketch where a chartered accountant wants to become a lion tamer, perfect viewing for the visitors to www.coventry-accountant.co.uk
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The stereotypical view of accountants

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Avoiding tax may be legal, but can it ever be ethical? | Guardian Sustainable Business | The Guardian

Avoiding tax may be legal, but can it ever be ethical? | Guardian Sustainable Business | The Guardian | Business Issues in Accounting | Scoop.it
Government and business must ensure that corporate tax contributions are a demonstrably fair return to society, writes Philippa Foster Back
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An nice overview looking at the concept of tax as a social responsibility rather than just and expense to be minimised. The Guardian publication have a good collection of articles on this topic if you are interested in the area.
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Accounting as a Social and Moral Practice | IFAC

Accounting as a Social and Moral Practice | IFAC | Business Issues in Accounting | Scoop.it
Many people see accounting as little more than techniques, concepts and procedures—that is, as technical practice. These are considered the “nuts and bolts” of accounting not only by the general public but by many accountants themselves.
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This is a nice short article looking at accounting as more than just a technical practice. The role and influence of accounting goes beyond mere technical accounting techniques and reports and viewing it as a social practice (with its influence on broad aspects of society) can give a richer insight into understanding its place in society.
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The Big Flaw: Auditing in Crisis - FT Series

The Big Flaw: Auditing in Crisis - FT Series | Business Issues in Accounting | Scoop.it
The FT examines what has gone wrong with accounting – and what might restore faith in the profession
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This is part of an FT Series into the accountancy profession, the Big 4, and what the future holds. A good collection of articles to understand the key issues with auditing and accounting standards currently and what proposed changes can do to help address these concerns for both business and society.
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Roles and Importance of Professional Accountants in Business | IFAC

Roles and Importance of Professional Accountants in Business | IFAC | Business Issues in Accounting | Scoop.it
This article originally appeared in the China Accounting Journal, published by the Chinese Institute of CPAs.When asked what accountants do, responses often mention roles such as tax agents and independent auditors.
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Good article on the variety of roles accountants can play in business.

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