Major requirements: Undertake a review of literature to develop and present your arguments, with...
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Accounting
Major requirements:
- Undertake a review of literature to develop and present your arguments, with examples, explaining how corporate crises/failures in every era lead to improved accounting regulations/standards for financial reporting in the subsequent periods.
- Critically evaluate, with appropriate examples, how accounting standard setting in the past came through a complex political process in global context.
- Carefully read the annual report of the selected ASX company and then identify the accounting standards complied with while preparing financial statements. Introduce each of these accounting standards.
- Based on a review of literature, critically evaluate the accounting standard for fair value accounting.
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