Difference between traditional history of accounting new history of accounting

The traditional history of accounting and the new history of accounting are two distinct approaches to understanding the development of accounting as a profession and discipline.

Traditional History of Accounting:

The traditional history of accounting focuses on the evolution of accounting from ancient civilizations to the present day. This approach emphasizes the development of accounting principles, techniques, and practices over time, with a focus on the historical context in which they emerged. The traditional history of accounting is often written from a Western perspective, with a focus on the accounting practices of Europe and North America.

Key features of the traditional history of accounting include:

1. Emphasis on the development of accounting principles and standards.
2. Focus on the historical context in which accounting practices emerged.
3. Concentration on the evolution of accounting techniques and methods.
4. Often written from a Western perspective.

New History of Accounting:

The new history of accounting, also known as the "social constructivist" approach, challenges the traditional narrative of accounting history. This approach emphasizes the social, cultural, and political contexts in which accounting practices emerged and evolved. The new history of accounting seeks to understand accounting as a social construct, shaped by the interests and power relationships of various groups and individuals.

Key features of the new history of accounting include:

1. Emphasis on the social, cultural, and political contexts in which accounting practices emerged.
2. Focus on the power relationships and interests that shape accounting practices.
3. Examination of the ways in which accounting is used to construct and maintain social and economic relationships.
4. Often written from a more inclusive perspective, incorporating the experiences and perspectives of marginalized groups.

Key differences:

1. Focus: Traditional history of accounting focuses on the development of accounting principles and techniques, while the new history of accounting focuses on the social and cultural contexts in which accounting practices emerged.
2. Perspective: Traditional history of accounting is often written from a Western perspective, while the new history of accounting seeks to incorporate diverse perspectives and experiences.
3. Methodology: Traditional history of accounting relies on a chronological approach, while the new history of accounting employs a more nuanced and contextual approach.
4. Theory: Traditional history of accounting is often based on a positivist approach, while the new history of accounting draws on social constructivist and critical theory perspectives.

In summary, the traditional history of accounting focuses on the development of accounting principles and techniques, while the new history of accounting emphasizes the social, cultural, and political contexts in which accounting practices emerged. The new history of accounting offers a more nuanced and inclusive understanding of accounting, highlighting the ways in which accounting is shaped by power relationships and social constructs.