By encouraging accounting students to think about sustainability when making business decisions has led to a national nomination for an associate professor at De Montfort University Leicester (DMU).
Darren Sparkes co-created a business simulation called Accounting Bissim with colleagues Matt Davies from Aston University and Lisa Weaver from the University of Warwick designed to bring Accounting and Finance to life for students////CRIMSON TAZVINZWA////
They are finalists in the Driving change through education, training and academia award, which recognises the contribution of individuals, organisations or joint-entrants in driving action to integrate sustainability through education, training and academia.
Darren said: “The Accounting Bissim team are delighted to have been shortlisted for this prestigious award. Whilst the simulation was originally developed in order to improve engagement in accounting and finance learners, being shortlisted for the Finance for the Future Awards recognises Accounting Bissim’s ability to promote a holistic and sustainable approach to accounting, finance and business management decisions.”
Students act as the board of directors to run a robot manufacturing business in a competitive market place, making decisions and analysing the results. They can make decisions on a range of sustainability issues such as choosing ethical suppliers, cutting waste, reducing CO2 emissions and power usage, eliminating water pollution and the level of pay and training of their staff – all of which may cost money in the short term, but can lead to better long-term returns if the business is managed well. The sustainability decisions can be mapped to ten of the seventeen United Nations sustainability development goals.
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