Authors
Ying Zhang, Jane Andrew
Publication date
2014/2/1
Journal
Critical perspectives on accounting
Volume
25
Issue
1
Pages
17-26
Publisher
Academic Press
Description
The ongoing neoliberalisation of global economies has been well documented. Neoliberalism requires a commitment to a broad set of ideas about how political economies should operate, and these ideas underpin the transformations of practice in the process of neoliberalisation—both at a technical and conceptual level. Transactions within a neoliberal economy need to be accounted for in a way that accords with this broader set of ideas. Specifically, the growth of accumulation through financial markets has seen a concurrent growth in accounts that both reflects and reproduces finance at its centre. These accounts are more than just reports; they condition our expectations and support the production of further accounts, which in turn reinforce the dominant political economy. Despite the connection between neoliberalism, financialisation and the practice of accounting, the role of accounting in the process of …
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Scholar articles
Y Zhang, J Andrew - Critical perspectives on accounting, 2014