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Accounting Pronouncements

Accounting PronouncementsReviews of an organization that establishes accounting statements made by a small group of people who share the?

the same values and backgrounds.

Therefore, the views of some stakeholders are not incorporated in the statements of the organization such as standards, interpretations and framework documents.

Identify and discuss important implications of this critical accounting organizations such statements.

You wonder about the set is an excellent example of "double speak".

I suggest you first try to make it to the point .. and while doing so, to answer obvious questions ..

"Reviews" which, by =? and what are the (valid) complaints?
"An accounting organization" = what kind (give an example.)
"Stakeholders" = who are these people?
"Point of view of some stakeholders' = and what are they seen??

"Identify and discuss important implications" == this is impossible without knowing the answers to the questions above ..

Consider the following two scenarios ..
1) The "make gutter press" critics "of the expenses claimed by officials of the Government Office of the Public Accounts .. voters agree that the expenditure of public servants must be detailed, but the reports are only intended to be viewed by other employees (who receive the same fee) and they do not want the details to be read by their wives ..

2) The extreme communist government criticizes foreign funds being distributed by charities in the United Kingdom to starve the citizens in their country. They say that nobody dies of hunger and calls for the names of all those receiving assistance to be revealed, because they plan to introduce a product 100% of the tax.

Posted on February 10, 2010.
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