Accountancy can save the world: the prequel

Intangible assets have swiftly become a major consideration for investors, making up 90% of all enterprise value on the S&P 500. Yet our accounting system, which lies at the heart of how we allocate scarce resources, has failed to adapt, with implications for the decisions that could affect sustainability. Our columnist – on a mission to make accountancy part of the social value solution – proposes a (relatively) simple fix.