Question

In you view, how should accountants be trained to take a more critical view of accounting...

In you view, how should accountants be trained to take a more critical view of accounting and consider the emancipatory role accounting can play.

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Answer #1

An accountant should be trained in the below manner to provide maximum benefits of accounting and define the emancipatory role which accounting can play in a society-

1. An accountant must aware of the need of the economy and stakeholders.

2. Training of the simplification of the accounting numbers is necessary so that a simple and comprehensive financial statment can be presented to the general public.

3. All accountants should know the internationally accepted accounting standards to report a true and fair financial statement.

4. Consistency and homogeneity is required among training of all accountants in the world.

5. Discussions and seminars among accountants are crucial for their knowledge and growth.

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