Current debates in accounting & finance

Since the 70’s the sudden increase of globalization in world trade pioneered new
risks and chances in the financial market. As a natural consequence of this increase
the deregulation tendency after the 80’s speeds up the interactions and transformation
process amongst financial markets. With this, affection of the crises in local economies
increased by the fast integration between the financial markets and trading. This new
world order made the reconstruction of local economies and the business education a
necessity. This motivation brought along new debates in finance and economics. After
these debates it was necessary to understand the new financial products, the new sense
of business education and the new risk structure.