Why Accounting is Challenging My Beliefs.

Having been a manager in the past I always viewed Accounting as a another meeting wherein I would have to sit in listening to morose accountants stating their case in reference to the business by using numbers. I have always thought that a business is a dynamic entity, and that people, i.e. Customers are what contribute to that dynamic. In short if the business is doing all that it can to ensure high quality client service and satisfaction that the numbers will reflect that. However, my beliefs are being challenged by this course, I am starting to view Accounting as a dynamic reflection of the state of a business. It is opening a new world of understanding the Global business and how accounting is pushing at the front of a Global economy. More and more businesses are beginning to move into other countries to expand client base. And especially in Australia this is becoming important as the local economy is taking a big hit, and this reflected by Ford and Holden. These Companies were viewed as Australian and will always contribute to the Australian Economy. So what went wrong? Why have they closed, or will close their manufacturing plants in Australia? Through my research Accounting is the answer. The numbers reflect the downturn. In 2010 the Gillard led Labor Government donated $270 000 000 to Holden as it was seen as an investment in Australian jobs and to strengthen Australian industry. So what went wrong? The workers in the Elizabeth Plant even agreed to a Wage freeze to keep the plant open. So did this sacrifice not pay? The answer lies in the numbers? The global economy is moving at a rapid rate, and as Companies are looking to maximise profit, more and more companies see Australia as a market that is difficult to maintain an acceptable profit/loss ratio. The expenses, mainly employee wages is too high in Australia in comparison to other Countries. Is this our fault? Have we created this because we have fought so hard to maintain a high standard of workers rights in comparison to other Countries? Have we created an Economy that cannot compete on the Global market because our Employee wages and other benefits are too high, making it hard for Companies in Australia to maintain a healthy Revenue/Expenses ratio?
Does Ford and Holden offer an excellent product and Customer Service So if they do, then why is the business not an outstanding success? This is why Accounting is challenging my beliefs. It is an integral part to a business, in short you may manipulate the numbers, but in the end they never lie about the state of a business. Holden and Ford have invested $B into the production factories in Australia, however the projected returns are not sufficient in maintaining these production plants. Accounting reflects this, but can it provide the Answers?
I am beginning to believe it can.