Accounting for rituals

Abstract

The paper considers the proposition that accounts describe the relationships which exist between certain collaborators in the firm, rather than the activity of the firm itself. These relationships are essentially ritualistic, insofar as they are the outward forms of rather complex realities. Moreover, the ritual, and the "theology" which underlies it, are anthropocentric rationalisations, which may not completely capture the essence of the reality they are intended to portray. Such problems are especially likely at this time, in view of the discrepancy between accounting theory and the more holistic approach of the modern world-view. Conflicts tend to be circumvented rather than resolved, by devices which are strictly irrational. The function of accounting and financial professionals is both to devise new rituals to meet new circumstances and accommodate them within the orthodox canon; parallels are drawn between this activity and that of the witchdoctor in more primitive societies.