In tutorial 1, you discussed Dr Ruth Hines seminal article Financial Accounting: In Communicating Reality, We Construct Reality. In this article, the student says to the master:

It seems to me, that your power is a hidden power, because people only think of you as communicating reality, but in communicating reality, you construct reality. (p. 257).

Required:

Using one example from your accounting education (in ACCY 308 and other courses), explain how this reality construction occurs in accounting practice. (10 marks)

Discuss how accountants can be arguably regarded as powerful members in society. (10 marks)

You are welcome to combine your discussion for both questions.