The Changing Role of Accountants in the 21st Century. Free Essay, Term Paper and Book Report
A number of reports by academicians and practitioners all over the world have called significant change in the accounting methods and research and their relevance in the 21st century. Many believe that the accounting model is outdated with little relevance to the changes taken place in the wider world. Both the academicians and practitioners agree that if accounting is to serve a useful role in the changing environment, accounting education and accounting research should become more broader, dynamic and not constraint by a single approach. Despite these facts, the academicians and practitioners both stated that the accounting methods taught and practiced have changed significantly.The history of accounts does not begin from the colonial era of the British Empire neither does it begin in the fourteenth century Italy, accounts came from the Mesopotamian region in the 3500 B.C. Five thousand years before the appearance of double-entry, the Assyrian, Chaldaean-Babylonian and Summerain civilizations were flourishing in the Mesopotamian Valley, producing some of the oldest known records of......
Word Count: 1314
Page Count: 5.2 (250 words a page / double spaced)
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