This paper examines how a particular part of IFRS, the requirements for goodwill accounting, influences organisational calculative practices, transforming and shaping operations management. Stepping away from a-priori boundaries between different accounting disciplines, this research contributes to existing financial and management accounting literature with an in depth case study on the consequences of standard setting in the organisational realm. Whilst financial accounting standards have shown to be intervening with other fields of societal activities, this study places emphasis on the organisational realm and the interrelation between financial accounting standardisation and operations management. Drawing on an actor-network lens, the study shows how the calculative practices introduced by IFRS associated with many parts of the organisation. Although different interests and ambitions in accounting remained, the standards intervened by both fostering and forcing communication between actors. The standardisation of accounting practice in the group granted procedural legitimacy to the reported numbers in a network of dispersed calculation. At the same time, however, these links required a new form of expertise, a shared expertise between parts of the firm that otherwise would have been preferred to stay independent. Dilemma and conflicts arise in a tension between standardisation and flexibility of business decisions, in the aim to define a value of the future for financial reporting that also becomes relevant in the creation of value for a future.
|Number of pages||43|
|Publication status||Published - 2013|
|Event||The 2nd Workshop on Financial Reporting and Auditing as Social and Organizational Practice - London School of Economics and Political Science, London, United Kingdom|
Duration: 16 Dec 2013 → 17 Dec 2013
Conference number: 2
|Workshop||The 2nd Workshop on Financial Reporting and Auditing as Social and Organizational Practice|
|Location||London School of Economics and Political Science|
|Period||16/12/2013 → 17/12/2013|
Bibliographical noteCBS Library does not have access to the material
Hartmann, B., & Mouritsen, J. (2013). Inscribing the Future: Goodwill Accounting at the Nexus of Financial and Management Accounting. Paper presented at The 2nd Workshop on Financial Reporting and Auditing as Social and Organizational Practice, London, United Kingdom.