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Reform of Accounting Education in the Post‐Enron Era: Moving Accounting ‘Out of the Shadows’

Joel Amernic and Russell Craig

Abacus, 2004, vol. 40, issue 3, 342-378

Abstract: This article reflects critically on the general state of university‐based accounting education. It highlights the chiding of business school educators by the President of the U.S.A., George W. Bush, in his response to the collapse of Enron and subsequent corporate failures. It draws attention to Bush's plea for corporate accounting to be moved ‘out of the shadows’. An agenda of reform for accounting education is proposed, seeking a greater responsiveness by accounting educators to three broad matters: first, the political, rhetorical and ideological nature of accounting; second, the ‘poverty of discourse’ in accounting curricula; and third, the merits of a better understanding of accounting history. It is suggested that responsiveness to these matters be manifest in a stronger commitment to critique of accounting. This entails implementation of four curriculum themes commencing in the first class in accounting. The benefits of reading and reflecting upon the collected life's work of distinguished intellectual forbears of our discipline are canvassed. Wide‐ranging general proposals for the reform of accounting education are advanced.

Date: 2004
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Citations: View citations in EconPapers (14)

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