Political, Economic & Social effects of Accounting Standard Setters.

Accy 202 'The view that accounting standard setters consider the economic, political and social consequences of accounting standards is consistent with the view that accounting reports, if compiled in accordance with accounting standards and other generally accepted principles, will be neutral and objective' SYNOPSIS Objectivity and neutrality are the ultimate goals of general purpose financial reporting. However there are many factors involved that make this goal almost impossible to attain. Economic, political and social issues are …showed first 75 words of 2221 total…

…showed last 75 words of 2221 total…of the UK Accountancy Profession, Journal of Business Ethics, Vol 13, pg. 39 - 51, 1994 Morgan, G., Accounting as Reality Construction: Towards a New Epistemology for Accounting Practice, Accounting Organisations and Society, Vol 13 No 3, 1988 Shanahan, J., Consolidations: a lawyers' picnic, Australian Business, July 25th, 1990 Solomons, D., The Politicization of Accounting, The Journal of Accountantcy, Nov, 1978 Solomons, D., The Political Implications of Accounting and Accounting Standard Setting, Accounting and Business Research, Vol 13, 1983 The Macquarie Dictionary, Macquarie Library Pty Ltd, 1985