Six Capitals, or Can Accountants Save the Planet?
Book description
This is the story of a twenty-first-century revolution being led by the most unlikely of rebels: accountants. Only the second revolution in accounting since double-entry bookkeeping began, it is of seismic proportions, driven by the 2008 financial crash and our ongoing environmental crisis. The changes it will wreak are profound…
Why read it?
1 author picked Six Capitals, or Can Accountants Save the Planet? as one of their favorite books. Why do they recommend it?
I was skeptical that a book about accounting could be entertaining.
Jane Gleason-White not only brings the history of double book entry accounting alive but also tells the story of how accountants are quietly leading the transformation to a sustainable economy. This transformation demands that we upgrade traditional accounting that only accounts for financial and industrial capital to account for benefits and detriments to the natural world and society.
To support a sustainable economy, accounting systems must include four additional categories of capital: intellectual, human, social, and relationship. A sustainable economy not only requires new economic principles and new corporate…
From John's list on creating a sustainable economy for our children.
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