This paper considers the possibilities of accounting education being used in its transformative capacity. The use of “real world events” as presented by the media is used as an educational resource to bridge theory and practice. It is argued that the use of media texts as a practicum to enable praxis, must be reflexive. Whilst the opportunities for emancipation are presented, the possibility to be impositional was considered. This reflexive stance is carried through to examine whether transformative action is indeed possible or whether there is a danger of reinforcing the status quo.