Closer Look at Business Education: Accounting

Abstract

Accounting fraud became a mainstream public concern in the wake of the numerous scandals in recent years. Consequently, many business programs around the country reconsidered the manner in which social, environmental, and ethical issues were integrated into accounting curricula. Our analysis identifies two principal types of new curriculum - those that emphasize legal, governance, and ethical considerations, and those that are arguably more forward-looking and value-creating, including topics such as full cost accounting, differential accounting standards, and social auditing.