Political lobbying, Business Economics

Assignment Help:

Tasks

"Accounting standard setting is a political lobbying process, and as such offers various Opportunities and means for interested parties to affect its outcomes."

Required: Provide research based appropriate answers to the following questions.

(a) The 'political lobbying' Stands for?

(b) Is accounting standard setting in Australia a specifically political lobbying process? Why or why not?

(c) Who might be the 'interested parties' and in what way do they try to affect the outcomes of the standard setting process?

(d) Do you agree with this statement? Why or why not?

Note: Your submission should be a blend of findings, views and opinions from existing writings as well as your own analysis and views on those issues.


Related Discussions:- Political lobbying

Is the balance of payments a problem, Is the balance of payments a problem?...

Is the balance of payments a problem? A persistent balance of payments shortage is bad when used to finance consumption, but good when financing imports of suitable capital wh

Supply, abnormal supply curve

abnormal supply curve

Socio economic shortcoming, Discuss  (1) the key characteristics of the ...

Discuss  (1) the key characteristics of the Chinese economy during the Mao era, (2) the socio-economic shortcomings  that China experienced between 1949 and 1976 and (3) t

How the producer may raise his total revenue, (a) Using the basic concept ...

(a) Using the basic concept of price elasticity of demand for his product, describe how the producer may raise his total revenue. (b) With reference to an initial set of marke

Factors of senior IS management and customer management, What factors would...

What factors would you consider while deciding on the frequency along with which you would report progress to (1) senior IS management, and (2) customer management? A main fact

Find the median voter eqm, In the model with utilities W i = c i + α l...

In the model with utilities W i = c i + α ln(x i ) where individuals are endowed with ability levels w p m R and form fractions π p , π m , π r with π m > π p , π r

How do economists differ from accountants, How do economists differ from ac...

How do economists differ from accountants in the use of the term profit ? Definition of rev and accounting costs Explanation/outline of opportunity costs, for example

Difference between absolute and comparative advantage, What is the differen...

What is the difference between absolute and comparative advantage? Difference between absolute and comparative advantage: • Absolute advantage arises while a country or reg

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd