Contemporary Issue in Accounting

 

With each lecture, there is an associated discussion forum/question lodged on Moodle. There are 12 forums in total.

You are expected to answer five (5) of these forums with a paragraph response (approximately 400-500 words each).

For formative feedback, you can submit up to five (5) draft paragraphs for feedback on Friday, 28 September 2018. We will read your paragraphs and give feedback, but these paragraphs will not be marked. You should submit 5 paragraphs at least for review.

You are entitled to review and develop your writing in light of my feedback. We promise to provide you with feedback by Friday, 12 October 

For summative feedback, you are then expected to submit a final version of your five (5) best paragraphs in one document. You can, for example, write 12 paragraphs
across the term and choose your best 5.

You must include a reference list for all sources you have included in your work

 

Discussion Question1.

 

We have discussed much about the issues of sustainability, corporate social responsibility and the interface with business and the economic system of capitalism.

I have a set of questions for you. Please respond to one:

  1. a) The Corporationdocumentary suggests that businesses are 'externalizing machines'. What does that mean to you? Does it concern you when it comes to businesses self reporting on CSR or sustainability activities? If CSR or sustainability is about organisations taking responsibility, should we 'trust' what organizations disclose to us?
  2. b) Are there any business practices or philosophies in our South East Asian neighbours that Western businesses could adopt or learn that would lead advanced economy businesses more towards sustainability?
  3. c) Discuss whether, in your opinion, business can be sustainable? How? How are you defining sustainability?

 

Discussion Question2

Here are two quotes from Hines. Choose one of them and reflect on what that might mean for accounting practice and what that might mean in relation to your previous learning in accounting:

 

  1. a) 'History creates past reality for us. The past is always being reinterpreted' (Hines, 1988, p. 253).

 

  1. b) 'The fence does not designate the organization. We do that. We designate it, by deciding what things will be part of the organization ...' (Hines, 1988, p. 253).

Discussion Question 3

The role of accounting education is a challenging question. Is the purpose of university accounting education to prepare students for professional practice? Or is the role of university accounting education to understand accounting?

Should the focus be conceptual, contextual or technical? Or a mix of all.

I have three questions for you. Please feel free to choose one or all of the questions:

  1. a) Hines (1988) is essentially a paper about education. In your opinion, what is the educational message that Hines is suggesting?
  2. b) From you own work experience in accounting, what is the relationship between the technical or conceptual education you have experienced and the practice of accounting?
  3. c) What would you change about your own educational accounting journey if you had the choice? Please explain why!