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A Humane Reckoning - From Accounting to Accountability at Macquarie University

"It was fairly tough—we required that assignments be submitted or else, and with fairly testing exams. The result was that quite a large number of students failed." …"Students used to say, 'Macquarie is easy to get into, but bloody hard to get out of'." When they did get out, however, they were ready to go places.

The most important [obstacles] lay in the continuing doubt among other disciplines that a practical subject such asAccounting had anything worthwhile to research. "How can you do research in Accounting?" staff members were often asked, each question a little dent in their confidence.

The dissolution of Arthur Andersen,one of the largest accounting firms in the world, sent shock waves through the industry and refocused many international accounting programs towards accountability rather than merely "keeping the score" in what could otherwise be a crooked game.

Accounting was now "clearly" the largest Department in the University, in the largest School.