Regulatory Bodies in the Accounting Profession

The 20th century saw a proliferation of professions from the original three:
First, theology;
Second, medicine;
and third, the law.

Religion has recently lost out to ideology.

But law and medicine, and their new 20th century cousins (which are all really just occupations with a sense of entitlement) have lobbied successfully for regulations in order to protect the public interest and ensure ethical behavior.

Or at least that was the rationalization.

Regulatory Bodies in the Accounting Profession –

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Launch – June 16th, 2023

The MAIN STREET JOURNAL was launched online in 2023, as a kind of Canadian, small business counterpoint to the venerable WALL STREET JOURNAL (WSJ), established in New York City in 1889.

Canada’s small businesses are smaller than most people think.

This is true for people that work in small businesses, for policymakers, business schools, and the business press. The self-employed and other small business owners don’t ‘get no respect’ and yet about 73% of private sector employment in Canada is made up of the 2.85 million self-employed individuals, and 1.3 million small employer businesses which average less than 7 employees.

We believe it’s time that these workers, and the small business owner-managers that employ them, got some respect. What’s more, we believe that business schools and policymakers should get out of their ivory towers and take a walk on Main Street!

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