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Title: Regenerative Accounting: The Pillars & Vision

Ingrid Edstrom
Posted by Ingrid Edstrom on Apr 18, 2024 1:55:56 PM

In the face of an ever-changing world, the accounting profession is ripe for disruption. The Accounting Alchemy Network (AAN) stands at the forefront of regenerative change for a brighter future.

The AAN is a living, evolving, grassroots community co-founded by three industry professionals—Ingrid Edstrom, Mathew Heggem, and Alina Nikishina—who met after being honored with CPA Practice Advisor’s “40 under 40 in the Accounting Profession Award.”

The AAN brings a fresh, holistic perspective to our profession. At the core of this transformation are our five pillars and the three strategies through which we implement our vision. To adopt the Identity of a Regenerative Accountant, AAN members go beyond traditional accounting roles. These professionals recognize our financial system's interconnectedness with societal and environmental issues and seek sustainable, ethical, and inclusive financial practices.

The five pillars of regenerative accounting

Changing the economic and money story: AAN encourages a shift from profit-centric to people-centric and planet-friendly economic paradigms. We challenge the myths of scarcity and unlimited growth, promoting instead a vision of sufficiency, equity, and sustainability in the relationship with our planet and all people.

Influencing politics, law, and systems of governance: Accountants have a pivotal role in shaping fair and responsible economic and financial policies, particularly tax code. By actively engaging in advocacy and policy-making, we can help build systems that are transparent, accountable, just, and effective for all members of our society.

Fostering holistic wellbeing: We advocate for humane workplaces and a healthy self-relationship, encompassing both financial health and overall wellness. A truly successful business nurtures its people as well as its profits.

Justice, equity, diversity, & inclusion (JEDI): We believe that all people’s bodies, spirits, and emotions are worthy of being respected and treated with equity and dignity. We can strengthen our profession and leadership through diversity by bringing in a variety of perspectives, cultures, and gifts.

Planet & climate: We believe that business can be conducted humanely in a regenerative alliance with global and local ecosystems. We recognize the significant impact of financial decisions on our environment, and we strive to mitigate climate change and promote practices that respect and restore our planet.

The three ways we implement our vision

Education & storytelling: Through our diverse educational offerings, we equip accounting professionals with the knowledge and skills needed to become agents of change. Our curriculum incorporates ideas from economics to ecology, business management to social justice.

Community building: AAN is a vibrant community where everyone is encouraged to contribute and collaborate. We facilitate thought-provoking discussions, foster healthy debates, and create a platform for members to share their insights and experiences.

Stewardship of change: We showcase the benefits of adopting a regenerative approach to accounting, highlighting success stories and practical strategies. We demonstrate that it's not only possible but also fulfilling and profitable to align our work with our values and be the change we want to see in the world.

We believe in the power of the collective. Each member of the AAN brings unique perspectives and expertise, enriching our community and advancing our shared mission.

As an accountant, financial professional, or business consultant, you have a significant role to play in this movement. By joining AAN, you're not just developing professionally; you're becoming part of a purpose-driven community that aspires to transform the accounting profession and the world.

Learn more about The Accounting Alchemy Network

If you want to get involved and learn more about this revolutionary organization, please visit www.accountingalchemy.net today to sign up for our newsletter and join the movement. You can also connect with us on Facebook and LinkedIn to get involved in the vibrant and growing AAN community. It's time to embrace the change, redefine our roles, and contribute to a better, more sustainable future for our profession and our world. 

Topics: Finger on the Pulse


 

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