Bring about radical change through the conceptual framework

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Question:

Write a report of 2000 words to the chairpersons of the Financial Reporting Council and the Australian Accounting Standards Board, commenting on the following argument: Attempts to bring about radical change through the introduction of a conceptual framework have failed. When it appeared as though SAC 4 would require firms to report a greater number of liabilities, lobbying began in earnest and business ensured that any innovation was quashed.

As such, the best that can be hoped for from a conceptual framework is that it legitimises current practice, maintains existing social and economic status, and staves off public sector attempts to control accounting standard setting.

Requirement: Students are required to answer questions in an essay format (introduction, body, conclusion and references) attached a cover with students' information. Front size 12, 1.5 line space, must be typed in word and submit it in through Turin-it-in. Similarity rate must be lower than 20%, between 20%-30%, you will receive penalty on your report, higher than 30%, you will fail your report immediately.

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The paper is in relation to the limitation of the conceptual framework of accounting and the accounting standards as framed by the Australian Accounting Standards Board and the Accounting Framework Council. The reason for rework on both framework and accounting standards has been discussed.

Reference no: EM131512957

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inf1512957

6/13/2017 6:29:14 AM

I need two plagrism free copy for this assignment. Please send me quote Hi.., I need ACC307's two more plagrism free copy. and plesea send me for both separate payment link. Yes total 4 different copies of assignments... and i have paid for two assignments and for next two please send me separate link of payment as i want to separate for both. Thanks I have processed the payment for other two copies as well Yes i received two copies, but I ordered altogether four copies of this assignment. Ok got it, i got confused with other ticket ids. Thanks

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