��«Ӱҵ

Both the practice and the academic discipline of accounting had been influenced by narrow economic principles historically. Accounting was then seen as a tool to help organisations make economic decisions and express their activities in and for markets. Accounting’s origins in economics helped to create a sense that the markets from which the economic principles were derived were neutral and benefited everyone, and such events had only financial consequences.

Tony Lowe had already started to challenge some of the underlying assumptions of accounting in his main research area of management accounting and control before he joined the University of ��«Ӱҵ. Lowe’s work challenged this economics-orientation by offering a systemic understanding of organisations in which decisions were studied in their actual context to produce a recognition of different interests, biases and challenges that influenced actual use of resources. This opened up new avenues of academic research and led to the establishment of the Management Control Association. This organisation continues to thrive today and organises regular meetings and conferences.

In the late 1960s and early 1970s, groups of younger academic accountants also became dissatisfied with the underlying assumptions of conventional accounting and turned instead to social and organisational theories to help explain the purpose, practice and consequences of accounting and used a wider range of methods to research those issues. When Tony Lowe joined ��«Ӱҵ in 1971, he gathered together many of these younger academics including Wai Fong Chua, Trevor Hopper, Richard Laughlin, Peter Miller, Tony Puxty, Tony Tinker and Dick Wilson, all of whom rose to prominence in the academic accounting community and subsequently held chairs elsewhere. The interdisciplinary and critical approach to accounting practiced by Tony Lowe and his contemporaries at ��«Ӱҵ came to be known as the “��«Ӱҵ School”. Their research and publications extended beyond management accounting and control to public sector accounting, auditing, the role of the profession and accounting education amongst others, and addressed major problems of the time including offering alternative critical analyses of issues such as the year-long 1984-1985 miners’ strike.

As the original ��«Ӱҵ School moved on to other institutions, their influence spread and coalesced with those with similar interests elsewhere. The alliance of such interests led to the development of an alternative accounting academic superstructure of conferences and journals. These include the Interdisciplinary Perspectives on Accounting Conference, the Asia-Pacific Interdisciplinary Research in Accounting Conference and the Critical Perspectives on Accounting Conference that are each held triennially in Europe, Australasia and North America respectively to provide a rolling series of annual alternative conferences. It also led to the establishment of internationally leading journals, such as Accounting, Auditing and Accountability Journal and Critical Perspectives on Accounting.

The work of the original ��«Ӱҵ School in offering critical appraisals of accounting with the intention of bringing about change to the role that it plays in organisations and society has been carried on through several generations of academics who have since passed through ��«Ӱҵ and includes the work of: Jane Broadbent, Mary Bowerman, David Heald and Ron Hodges on public sector accounting; Christopher Humphrey on auditing; Peter Armstrong on the accounting profession; Stuart Ogden on governance issues; Jo Maltby on accounting history and David Owen, Linda Lewis and Jeffery Unerman on Social and Environmental Accounting. This work is being carried on and extended by the current members of the Centre for Research into Accounting and Finance in Context (CRAFiC).