The Politics of Accounting Standard Setting
In a 2-3 page, double-spaced paper, summarize the views expressed by the authors in this week’s assigned reading list. Explain your position about who should set accounting standards in the United States and provide a well reasoned argument to support your view.
Critically evaluate the current accounting standard setting process and identify its strengths and weaknesses.
Synthesize and summarize conflicting points of view about a controversial topic.