Global financial crisis: The challenge to accounting research

ABSTRACT

Accounting practices are deeply implicated in the current financial crisis and in proposals for recapitalizing financial institutions and restoring stability to the global financial system. This essay discusses the methodological and theoretical gaps in accounting research that explain our failure to anticipate the crisis and limit our ability to analyze and respond to it.

Source : Patricia J. Arnold Global financial crisis: The challenge to accounting research Accounting, Organizations and Society, Volume 34, Issues 6–7, August–October 2009, Pages 803–809