Politicalization of Accounting Standards
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Politicalization of Accounting Standards - opinion you
Topics: Enron , George W. These groups are put in place to help regulate the economy and to help form accounting principles that should be followed to promote and ensure accuracy and efficiency in companies across America. This was due to reasons such as the investment of tax credit in which made the APB responsible for deciding how it was to be reported. Due to the disagreement which what the APB chose to follow, the SEC took it into their own hands to let the companies decide for themselves what method they wanted to follow for reporting tax credit. Since the APB disregarded such principles the companies were reluctant to participate. Politicalization of Accounting Standards.Thanks for: Politicalization of Accounting Standards
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CRIME AND SOCIAL PROBLEMS IN THE JUVENILE | Politicalization of Accounting Standards Some accountants have said that politicalization in the development and acceptance of generally accepted accounting principles (i.e., standard setting) is taking place. Some use the term politicalization in a narrow sense to mean the influence by governmental agencies, particularly the Securities and Exchange Commission, on the development of . • Case Politicalization of Accounting Standards Some accountants have said that politicalization in the development and acceptance of generally accepted accounting principles (i.e., standard setting) is taking place. Some use the term politicalization in a narrow sense to mean the infl uence by governmental agencies, particularly the SEC. Mar 11, · Accounting Standards Board was formed, and the APB went out of existence. Do the reasons these groups were formed, their methods of operation while in existence, and the reasons for the demise of the first two indicate an increasing politicalization (as the term is used in the broad sense) of accounting standard setting? |
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