Since coming to the Johnson Graduate School of Management in 1991, Robert J. Bloomfield has used laboratory experiments to study financial markets and investor behavior. He has also published in all major business disciplines, including finance, accounting, marketing, organizational behavior, and operations research. Professor Bloomfield served as director of the Financial Accounting Standards Research Initiative (FASRI), an activity of the Financial Accounting Standards Board, and is an editor of a special issue of Journal of Accounting Research dedicated to Registered Reports of empirical research. Professor Bloomfield has recently taken on editorship of Journal of Financial Reporting, which is pioneering an innovative editorial process intended to broaden the range of research methods used in accounting, improve the quality of research execution, and encourage the honest reporting of findings.
Organizations are fraught with struggle, often dealing with underperforming employees, disagreements between individuals and departments, unclear chains of responsibility, and general failures to live up to their goals. Fortunately, we all have ready access to a surprising ally to address these challenges: accounting systems.
In this course, you will understand the power of accounting to solve a wide range of managerial problems. You will identify the languages of stewardship and governance, examine the principles of moral accounting, refresh your understanding of double-entry bookkeeping, and explore the realities of human nature. Provided deliberation guides will assist you in a step-by-step method to address conflict, redistribute responsibilities, identify problems in governance, and explore causes for unwanted behavior. Finally, you will practice making recommendations for systems to create organizations that are both productive and moral.
Key Course Takeaways
- Account for the varied types of conflict that commonly occur in organizations
- Distribute responsibility utilizing the tools of double-entry bookkeeping
- Analyze moral accounting principles to improve organizational governance
- Account for the less-admirable aspects of human nature, including erroneous action and unethical behavior
How It Works
Who Should Enroll
- Managers and leaders responsible for a business unit
- Managers and leaders seeking to improve organizational performance
- Individuals influencing the design of accountability systems