16 Jul DISCUSS THIS STATEMENT REFERRING TO THE CORTESE
hi.i want u to make my assignment of current development in accounting thoughts.plz make it in ur own words and do not copy ad paste from any internet source.give me quality and correct and detailed work.Also plz do refrencing in APA style exclude from 2000 words of this assignment.kindly this time no mistakes or wrong answers like u guys done in my financial accounting assignment order noTTs110914_138138_8 Document Preview: Assessment item 3 Length:2000 words Content assessed: Accounting regulation and politics and standard setting process Key generic skills: Research, critical thinking and communication. Subject Learning Outcome for Question 1: Be able to understand and explain the process of standards setting process and existing doubt on independence and faithful representation of the process. Question 1 – Short report 10 marks ( 1000 words excluding table of content and references) Refer to the article Cortese, C. (2013). Politicization of the international accounting standard setting process: evidence from the extractive industries. Journal of New Business Ideas & Trends 11(2), pp. 48-57 Do you believe that the IASB always act in an ‘independent’ manner. Further, can the ‘engagement withpowerful stakeholders around the world’ have potential implications for claims that IFRS are developed to provide financial information that is representationally faithful? Discuss this statement referring to the Cortese, C.2013 article. Subject Learning Outcome for Question 2:Be able to critically analyse complex issues in theory development based on established body of knowledge. Question 2Short report 10 marks ( 1000 words excluding table of content and references) Search for5 comment letters from IASBAASB and FASB websites,received on a current exposuredraft orproposal for a new accounting standard. You may find comment lettersfrom a range of respondents, forexample; Accounting bodies, industries, companies or corporate bodies.If you are havingtrouble with findingsuitable comment letters,then contactSarath Ukwatte ( mailto:sukwatte@csu.edu.ausukwatte@csu.edu.au). Once you find suitable comment letters you wish to discuss,complete the following tasks: a) Describe in your own words the issues dealt bythe exposure draft/proposal and comment letters. b) Is there agreement among the various groups? Describe the issues where there is… Attachments: ACC518-Assign….docxACC518-1260-S….pdf
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