Tag Archives: Institute of Chartered Accountants in Australia

Educating accountants: or is it too late?

Is accounting education to remain a game of trivial pursuit? In Australia on 17 June 2013 it was quite a shock to wake up to hear the Former Defence Force chief Admiral Chris Barrie on TV saying that if the world continues down its current course of activities there will be no humans alive in […]

Accountancy firms – do they want their graduates to perform bank reconciliations or to think?

Universities have long been criticised by professional practitioners as producing graduates who are not ‘job ready’.  A humourous litmus test is whether a new graduate employee can undertake a bank reconciliation. But the modern accounting graduate needs to be much smarter and well versed in far more than reconciliation as far as bank accounts are […]

Bribery and corruption – where are the accountants and auditors?

Research commissioned by The Australian Council of Superannuation Investors (ACSI) considers ‘Anti Corruption & Bribery Practices in Corporate Australia‘, (October 2011), in the top 100 and 200 companies in corporate Australia. Transparency International also tells us where perceptions of bribery and corruption are most likely to be found in the world. Australia is perceived to […]

Is the Accountancy profession past its use by date?

Who can say what will happen in 2061, 50 years hence? Scientists seem 100% certain Halley’s Comet whispered ‘I’ll be back’ when it last passed by the earth in 1986, before most people were born. But will the Accountancy profession be here to welcome it? Ask members of the profession, management of professional associations, academics, […]

Accounting firm provides carbon critique of biofuels

The accountancy firm Ernst and Young in a new report has waded into the debate about carbon emissions from biofuels. Over 100 top scientists and economists have written to the European Commission calling for indirect land use change to be accounted for in EU biofuels policy making. Why? Because some biofuels do not have a […]

Critical or managerialist – what drives sustainability accounting?

“Sustainability Accounting and Reporting: Fad or Trend?” by Roger L. Burritt and Stefan Schaltegger, Accounting, Auditing & Accountability Journal, 23(7), 2010, pp. 829–846, is reviewed in the Social and Environmental Accountability Journal by Anna Young from the University of Sydney. Anna comments “Burritt and Schaltegger’s review of the extant sustainability accounting and reporting literature presents […]

Can accountants help towards sustainable aviation?

Aimed at members of the  profession, the article ‘Accounting for Sustainable Aviation’ published in Charter September 2011 draws attention to the importance of sustainable fuels for the future of the global airline industry, and the role that strategic leaders in the profession might play in developing  accounting  for biofuels. The authors, Professor Roger Burritt, Professor […]