Mentor/s

Dr. Karen Cascini

Location

Panel D: UC 106

Start Day/Time

4-21-2017 2:00 PM

End Day/Time

4-21-2017 3:15 PM

Abstract

A plethora of elements have influenced the development of accounting standards and practices, including political, economic, legal, and ethical considerations. Throughout history, these perspectives on accounting have been shaped by the values held at the collective level of each international culture. Geert Hofstede identified four “societal value dimensions” that influence business decisions – individualism, power distance, uncertainty avoidance, and masculinity – and that these value dimensions vary throughout the world. Furthermore, Sidney Gray built upon this framework within the context of accounting values and practices. This paper reviews these theories in relation to major points in the historical timeline of accounting, with an emphasis on the development of the discipline in the United States and a discussion of potential future implications in accounting due to recent political changes. As cultural values impact the values of the accounting industry and thus the overall economy, how do current societal dimensions contribute to the modern political and business realm?

College

Welch College of Business

College and Major available

Accounting

Keywords

Accounting industry, Cultural values

Document Type

Essay

Comments

Thomas More Honors Program capstone paper.

Creative Commons License

Creative Commons Attribution-Noncommercial-Share Alike 3.0 License
This work is licensed under a Creative Commons Attribution-Noncommercial-Share Alike 3.0 License.

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Apr 21st, 2:00 PM Apr 21st, 3:15 PM

Narratives of the Numbers: Analyzing Cultural and Political Perspectives on Accounting in America

Panel D: UC 106

A plethora of elements have influenced the development of accounting standards and practices, including political, economic, legal, and ethical considerations. Throughout history, these perspectives on accounting have been shaped by the values held at the collective level of each international culture. Geert Hofstede identified four “societal value dimensions” that influence business decisions – individualism, power distance, uncertainty avoidance, and masculinity – and that these value dimensions vary throughout the world. Furthermore, Sidney Gray built upon this framework within the context of accounting values and practices. This paper reviews these theories in relation to major points in the historical timeline of accounting, with an emphasis on the development of the discipline in the United States and a discussion of potential future implications in accounting due to recent political changes. As cultural values impact the values of the accounting industry and thus the overall economy, how do current societal dimensions contribute to the modern political and business realm?

 

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