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Inaugural Lecture by Professor Ron Hodges

Inaugural Lecture by Professor Ron Hodges
6.00 pm, Wednesday 19 November 2008
Sir Henry Stephenson Lecture Theatre 1, Mappin Street, Sheffield

Public Sector Accounting, the Credit Crunch, Risk Transfer and all that Jazz!
In a presentation amended in the light of the recent collapse of financial markets and institutions, Ron Hodges will provide a personal perspective on the challenges facing public sector accounting theory and practice. Once seen as separate and distinctive from its private sector counterpart, a decade or more of reforms in public services have led to a blurring of the boundary between the two. The UK public sector is moving to a financial reporting regime based upon International Financial Reporting Standards, which have been constructed to inform capital markets and which are seen by some to be dominated by U.S. interests. In this talk Ron will make the case for a distinctive approach to public sector accounting and suggest that recent events in the capital markets provide an opportunity for accounting researchers and policy makers to reject the false dawn of market-based accounting to a more holistic representation of the value of public services.

Ron Hodges is Professor of Public Services Accounting at the University of Sheffield Management School where he is Associate Dean for Learning and Teaching. He is the Director of the University of Sheffield Public Services Academy and Chairman of the Public Services Accounting Special Interest Group of the British Accounting Association.

The lecture will be followed by a drinks reception. Guests do not require a ticket but it would be appreciated if you could confirm your attendance to Kathryn Hewitt either by phone 0114 222 3364 or email k.hewitt@shef.ac.uk.

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