25THE BOUNDARY PROBLEM IN A SURVEILLANCE SOCIETY
Moving beyond individual ethics and compliance
Introduction
The distinction between financial and managerial accounting has traditionally been based on a simple line of demarcation between external and internal stakeholders. “Financial” reporting processes assemble and categorize information that is verified by auditors before delivery to stakeholders external to the corporate boundaries. “Managerial” accountants plan, coordinate, and motivate the achievement of monetary and other objectives associated with an organization’s internal operations. Recent scholarship suggests that there is often no bright line separating the internal and external stakeholders. This chapter will ...
