Accounting Theory and Current Issues

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Accounting Theory and Current Issues  06-07-19

 Maddox Smith

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Executive Summary It is possible to derive that the exhaustive findings will be having several kinds of implications over the external stakeholders that have been evaluated in this paper.

A brief introduction or overview of what the report is about Furthermore, it is very important to have an in-depth knowledge on

several

important

accounting

theories

accounting across the context of a firm.

for

conducting

Hence , Accounting

theory has great importance in place to prepare the company’s financial reports. In addition to this, this will be conducting a discussed analysis of the implications, which the research findings or the outcomes of these journals for three various kind of external reporting stakeholders- accountants of Australian organizations, accounting regulators and shareholders.

a. An explanation of the reasons (at least 3) why your group has selected the two research articles relating to your topic In addition, the portion of this journal article is helpful in order to conduct an assessment over the extent of the difference in the accounting conservatism for the research-intensive industries. On the other hand, the three main reason behind choosing the journal article of the writer D. It is possible to develop the knowledge of the role of accounting principles through the help of this journal article. Since, However, accounting theories such as this play a crucial role in development of accounting principles required in financial reporting (Coetsee, 2010). In addition, this helps in determining the role of developing the possible decision-useful theory of the accounting play in suitable accounting principles’ creation. However, it also helps in giving focus on the normative as well as descriptive approach towards the accounting theories’ development.

b. An explanation of the purpose of the two studies and what research question(s) they set out to explore about the topic Several objectives and purposes can be observed through which these two studies have been prepared. In addition, the research questions that can be helpful in order to conduct thisOnline research effectively in future are listed below:


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