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ACC307 Individual Assignment

tag 0 Download 10 Pages / 2,306 Words tag 07-07-2021

Question:

Write a report of to the chairpersons of the Financial Reporting Counciland the Australian Accounting Standards Board, commenting on the following argument:

Attempts to bring about radical change through the introduction of a conceptual framework have failed. When it appeared as though SAC 4 would require firms to report a greater number of liabilities, lobbying began in earnest and business ensured that any innovation was quashed. As such, the best that can be hoped for from a conceptual framework is that it legitimises current practice, maintains existing social and economic status, and staves off public sector attempts to control accounting standard setting.

Students are required to answer questions in an essay format (introduction, body, conclusion and references) attached a cover with students’ information.must be typed in word and submit it in through Turin-it-in.

You will receive penalty on your report, higher than 30%, you will fail your report immediately.

You are allowed to submit your report many times unit the due date (5pm Friday week 5, 02/06/2017). You don’t need to delete previous report, you just need to resubmit it and the previous one will be replaced by the new one.

If you submit your report after the due date, you will receive 10% penalty on each delay day unit zero mark.

How to submit your report through Turin-it-in?

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