{"id":45588,"date":"2019-07-13T08:00:52","date_gmt":"2019-07-13T07:00:52","guid":{"rendered":"https:\/\/www.taxresearch.org.uk\/Blog\/?p=45588"},"modified":"2019-07-13T08:00:52","modified_gmt":"2019-07-13T07:00:52","slug":"the-politics-of-inertia","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2019\/07\/13\/the-politics-of-inertia\/","title":{"rendered":"The politics of inertia"},"content":{"rendered":"<p>In the discussion at yesterday\u2019s <a href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2019\/07\/12\/corporate-accountability-standard-1-taxation\/\" target=\"_blank\" rel=\"noopener\">Corporate Accountability Network launch event<\/a> I was asked how we could possibly effect change in accounting standards when it takes up to seven years for any change to a standard to take place.<\/p>\n<p>My answer at the time was that this pace of change is, of course, quite ridiculous. There is no reasonable reason on earth why it should take seven years to change an accounting standard.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>There must, then, be good reason why it does take this long for change to take place in accountancy. I think there is. For all the claim made that the existing accounting standard process is politically neutral this is not true. There is inherent in this delay what might most appropriately be called \u2018the politics of inertia\u2019; that is, the art of deliberately delaying the process of change to maintain a status quo that suits the interests of those in power.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>Amongst the many things that the CAN will have to address is this issue. Accounting has to not just change, but much faster than it has to date.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the discussion at yesterday\u2019s Corporate Accountability Network launch event I was asked how we could possibly effect change in accounting standards when it takes<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2019\/07\/13\/the-politics-of-inertia\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67,26,176],"tags":[],"class_list":["post-45588","post","type-post","status-publish","format-standard","hentry","category-accountancy","category-accounting","category-corporate-accountability-network"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/45588","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=45588"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/45588\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=45588"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=45588"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=45588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}