Professional Accounting Capstone

Question:

“To build trust in the information age, accountants will need to shift their roles from that of mitigating and avoiding risk to being more strategic in creating new models that assess value in a fair, comprehensive and accurate way. In creating the conditions that make for a successful society, the profession will be able to retain what sets it apart – ethical standards and its status as stewards of the public interest.”

CPA Canada. 2019. Foresight Reimagining the Profession. Available from Foresight: Reimagining the Profession makes urgent case for change (cpacanada.ca), accessed 16 December 2020. (You can also access this publication on Moodle.

Discuss the extent to which you agree with this statement.

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