Question 1
Current Value Accounting will solve all the problems relating to accounting for Financial Instruments
With reference to the above statement
(a) Discuss the problems encountered in the UK when Current Cost Accounting was introduced.
(b ) Discuss the problems currently faced by the IAMB in determining how assets and liabilities should be
measured.
(c) How can Hicks and Fishers models of income help resolve this issue.
(Your answer should include a discussion on the views expressed in the paper by Ryman, R. A Fair value accounting and the present value fallacy: The need for an alternative conceptual framework The British Accounting Review (Sept 2007) vol.39 pp211-225.)
Question 2
Most commercially developed countries regulate the provision of published accounting reports.
(a) With reference to empirical studies with which you are familiar discuss the market mechanisms that
encourage firms to disclose financial information in the absence of regulation.
(b) With reference to specific examples discuss the alternative approaches that can be adopted in regulating the
provision of accounting information.
Credit:ivythesis.typepad.com
0 comments:
Post a Comment