Accounting: an instrument for the development and legitimization of the hegemony of the neoliberal model in a world of globalized markets

Abstract

Accounting has played a fundamental role in providing useful information to multiple users in order to support decision-making. This discipline has undergone progressive transformations that have turned it into a malleable knowledge, which meets the requirements of great hegemonies of the neoliberal model that seek only the protection of their interests and minimization of risks. The Theory of the International Regime allows to understand the essence of accounting by guaranteeing organizational functioning through the legitimation of the financial statements that support decision-making and the adequate performance of the individuals that make up the social system. Accounting regulation is oriented towards the organization of the international economy, as a behavior and model that has implicit universal legislation and should be imparted from state organizations.