Friday 10 April 2015

The Political Nature of Setting Accounting Standards

The Political Nature of Setting Accounting Standards
Bengtsson, E (2011), Repoliticalization of accounting standard setting The IASB, the EU and the global financial crisis, Critical Perspectives on Accounting, Volume 22, Issue 6, p.567-580.
Crump, R, (2014), EC launches review of IFRS in the EU, Accountancy Age, 23 January
After GFC, the EU and the FASB have increased their influence on IFRS.
Required: Discuss whether you agree with the above statement by referencing to both authors. (above 2 reference sources)
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