By: Patrick Thompson
Award Nominee
At first glance, accounting appears to be a structured, uniform discipline. However, when analyzing how accounting has developed in different countries and economies, it becomes evident that there is more in play that simply fact-based rules. A country’s history and culture greatly affect how an accounting structure is formed and operates in an economy. The following podcast will attempt to highlight how these accounting systems are affected by culture by analyzing two major economies: United States and Japanese economies. And hopefully, this demonstration will give insight to the challenges that lay before the global accounting world and their push to universalize accounting standards world-wide.
Culture’s Influence on Accounting