Amy Raymond is a mentor of accounting students. She advises that traditional accounting is exciting for some, and not so much for others. It looks back at the past rather than the future. However, in a rapidly changing business environment, accounting is changing. Business is changing it focus from profit to sustainability. Sustainability is required to meet the needs of the current generation without compromising the needs of the future generations.
Strategies are often way more transparent, and governance is a big area which is coming to the forefront in financial reporting. There has been an emergence of a ‘fourth sector’, which is businesses that still intend to make a profit but have a goal that benefits the community, for example.
This required integrated reporting, which:
has transparent communication about value creation
indicates strategic allocation of resources
has financial and non-financial impacts
For Amy, in the classroom, it’s about the learning and teaching not just the accountancy. She indicates that the benefits of having completed a masters online prior to teaching on this course, have included taking into account student life and who are juggling multiple demands. Time management, for example, can be an issue, along with unhelpful supervisors and lecturers / resources. Anxiety around assessments can be massive, and grades and feedback or lack thereof key to learning.
These factors have impacted her teaching, and she has tried to create an environment the enables and supports students who want to learn independently, to do so. Communication and feedback in the online space are paramount, which has resulted in a very low attrition rate.
Add a Comment