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The Accounting Paradox

Why Financial Accounting Is Broken (and How to Fix It)

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The book explores the often-overlooked role of accounting standards in shaping environmental and social outcomes. It argues that these standards, which dictate profit calculations, significantly influence investment decisions. By advocating for a shift towards accounting that accurately reflects the true costs of business activities, the author suggests that we could better address ecological, social, and biodiversity challenges. This perspective challenges conventional views on the intersection of finance and sustainability, highlighting the potential for transformative change through financial accountability.

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The Accounting Paradox, Jeremy Nicholls

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2025
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