To celebrate the 21th Anniversary of ICMA’s incorporation in Australia, a symposium titled ‘The Frontiers of Accounting 2017’ was held at Macquarie University, Sydney, Australia to discuss the future direction of various themes related to accounting. The speakers were leading academics and professionals who were asked to provide their views on specific frontier areas of financial reporting, management accounting, governance and sustainability.
Prof John Miller, AO, Patron ICMA gave the Welcome Address, which was followed by Mr. Luke Austin, CFO at Huawei Australia talking of “Digital Disruption and the Accountant”.
The other speakers were Prof Chris Patel, Macquarie University on “Frontiers of Financial Reporting: Global Convergence”; Mr. Aubrey Joachim, Global Past President of the Chartered Institute of Management Accountants (UK) on “Disruptive Budgeting in the Digital Era”; Prof Janek Ratnatunga, CEO ICMA, on “Sustainable Cost Accounting: Air, Water and Food” ; Prof Carol Tilt, University of South Australia on “Social and Environmental Accounting: Looking Beyond our Own Boundaries”; Prof Brendan O’Connell, RMIT University on Governance in Member Based Organisations: A New Frontier?” and Associate Professor Sophia Su, Macquarie University on “Re-engineering the Management Accounting Curriculum”.
After the afternoon coffee break, there was a lively Panel Discussion on the The Future of Management Accounting Research with Panellists: Prof Janek Ratnatunga, CEO ICMA Australia; Prof Brendan O’Connell, President, ICMA Australia; Prof Chris Patel, Macquarie University; Prof Carol Tilt, University of South Australia; and Prof Michael Tse, Global Chairman, ICMA Australia.