Accounting the Unaccounted: The Future Of Accounting Profession

Authors

  • CMA (Dr.) Nabanita Ghosh Assistant Professor Christ University Bangalore
  • Jeswin Jose Research Scholar Christ University Bangalore

DOI:

https://doi.org/10.33516/maj.v58i8.87-90p

Abstract

Contemporary businesses and industries are undergoing radical changes as a result of the new global order. Professional accountants need to step up to the plate and take the reins as business and industry leaders. The whole idea of making tomorrow’s accountant is evolving from this context. It also calls for accounting what hasn’t been accounted for yet. It promotes the necessity for a new theoretical lens, namely a lens based on behavioural theory. Understanding the significance of personal finance in ensuring corporate success is necessary when implementing such theories in the field. Professional accountants should concentrate on the financial performance of their clients’ personnel because they are the most valuable assets in the company. It will result in the achievement of sustainable development objectives on a larger scale. The importance of professional bodies in developing tomorrow’s accountants and better tomorrows for stakeholders is also discussed in the article.

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Published

2023-08-30

How to Cite

Ghosh, C. (Dr.) N., & Jose, J. (2023). Accounting the Unaccounted: The Future Of Accounting Profession. The Management Accountant Journal, 58(8), 87–90. https://doi.org/10.33516/maj.v58i8.87-90p

Issue

Volume 58, Issue 8, August 2023

Section

Future of Accounting Profession
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Europe PMC

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