Accounting Education and Research as Infrastructure .ppt

Shyam Sunder: Accounting as Infrastructure Accounting Education and Research as Infrastructure for a Modernizing Economy Shyam Sunder James L. Frank Professor of Accounting, Economics and Finance, Yale School of Management New Haven, CT, USA Accounting Research Conference Indian School of Business, Hyderabad December 17-19, 2007 An Overview Importance of infrastructure for modernization of Indian economy Service infrastructure just as important as the physical Accounting is a critical element of service infrastructure for organizations and economy Development, modernization and innovation of all parts: Financial reporting, management accounting, internal controls, government and not-for-profit accounting, governance, financial analysis, forensic and investigative, internal and external auditing, government financial management, program evaluation In academia, special and immediate attention to curriculum, research, and doctoral education Serious deficit in seed farms of knowledge in India (in all fields) Indian accounting can become an example for others (just as the software did) if accounting community so determines Better Infrastructure of Modernizing India’s Economy The awareness of the critical need to develop the physical infrastructure in India to support a modern economy is a recent and welcome development. No economy can survive, much less thrive, without provision of efficient transportation, communication, and utilities. But, That is Not Enough All the Seven Wonders of the Ancient World? Great Pyramid of Giza Hanging Gardens of Babylon Temple of Artemis Statue of Zeus at Olympia Mausoleum of Maussollos Colossus of Rhodes, and the Lighthouse of Alexandria. Here is another list prepared later OK. So you think this is a Mediterranean list prepared by the Greeks. Stonehenge Colosseum Catacombs of Kom el Shoqafa Great Wall of China Porcelain Tower of Nanjing Hagia Sophia Leaning Tower of Pisa Other sites that have been mentioned include: Cairo