Management Notes

Reference Notes for Management

Rules of Conduct and Rules of Measurement | Financial Statement Analysis

Rules of Conduct and Rules of Measurement

1. Discuss your views on the difference between “rules of conduct” and “rules of measurement.” 2. Explain how accounting standard setting is a political process. Identify arguments for and against viewing accounting standard-setting as political. Rule of Conduct Vs Rule of Measurement Rule of conduct represents the set of ethical guidelines for the people working … Read more