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Posted: June 7th, 2020
Question 1 – 1250 words
The CEO has forwarded to you an interesting article and requires you to provide her with a deeper theoretical understanding of the issues discussed so that she can fully engage in the lively discourse at an upcoming conference.
Question 2 – 1250 words
The Senior Partner of the firm you work for has appointed you to a new role. It is now your responsibility to review upcoming accounting standards and provide a report to the partners on the proposed standard and the opinions of other industry players on the changes.
In your own words, supporting your evaluation with appropriate citations, appropriately referenced in APA 6 style, you are required to include the following information in the report.
• An outline of the major issues covered in the exposure draft (what is the exposure draft introducing or changing?).
• An assessment as to whether (or not) the behavior of the regulator in introducing the exposure draft can be explained by public interest theory.
• An outline of the views presented in the comments letters which highlights the areas of agreement and disagreement with the exposure draft.
• An application of each of the theories of regulation (public interest, private interest and capture) to the comments letters and a justification as to which theory(ies) best explains the comments. Accounting homework help
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