Questions from General Accounting


Q: Murphy, et al (2013) argue “living law”

Murphy, et al (2013) argue “living law” applies to conceptual frameworks. How does this perspective affect current frameworks?

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Q: If different user groups do have different objectives, how might the

If different user groups do have different objectives, how might the situation be handled?

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Q: Bradbury and Harrison (2015) study dissenting opinions in Financial Accounting

Bradbury and Harrison (2015) study dissenting opinions in Financial Accounting Standards Board (FASB) standards. What changes, if any, do these opinions suggest need to be made in the conceptual frame...

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Q: What are the implications of Young (2006) on the standards

What are the implications of Young (2006) on the standards promulgated by standards setting bodies?

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Q: Every fall U.S. News and World Report comes out

Every fall U.S. News and World Report comes out with a much awaited ranking of American colleges and universities (you may have even used it yourself). While there has been much criticism of the metho...

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Q: Is accounting theory really necessary for the making of accounting rules?

Is accounting theory really necessary for the making of accounting rules? Discuss.

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Q: Why have management consulting operations created problems for the public accounting industry

Why have management consulting operations created problems for the public accounting industry? How has SOX affected these problems?

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Q: The value of the firm is equal to the discounted value of

The value of the firm is equal to the discounted value of the firm's free cash flows. Is it possible to forecast distant free cash flows? If not, what is the alternative?

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Q: The FASB and AICPA are considering the addition of “baby GAAP

The FASB and AICPA are considering the addition of “baby GAAP” for private companies. Take a position and argue why two GAAPs should or should not exist?

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Q: How permanent do you think the postulates and principles underlying historical costing

How permanent do you think the postulates and principles underlying historical costing will be?

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