Answer: Introduction The underlying essay is undertaken for presenting a critical review of the article is written by Antonia Marra and published in the year 2016. This article provides the information on fair value of accounting and how it helps in valuing the elements of financial statements. It also discusses the pro and cons of fair value measurement in the global accounting. The critical review is undertaken by explaining the advantages ...Read More >>
Answer Financial Accounting Theory and Practice Introduction: Ever since the invention of the computers and machines, their capability of performing numerous kinds of tasks have been growing extensively. Humans have created the power of computer system based on the diverse working domains by increasing speed and reducing the size to save time (Russell &Norvig, 2016). There are two such technologies namely the artificial intelligence and ...Read More >>
Answer: Introduction In recent time, the level of digitalization and technological development has taken place rapidly and has affected different fields. The accounting and reporting field is no exception and has undergone rapid changes. The technological advancements which can bring about maximum changes in the accounting field are Artificial Intelligence (AI) and Blockchain technology. The main purpose of this assessment is to explain in de...Read More >>
Answers: Introduction: The current assignment aims to deal with the accounting for leases, which has developed as the subject matter and amendments made on the part of International Accounting Standard Board (IASB). Due to this, the new standard of accounting AASB 16 leases would replace AASB 117 leases from the yearly reporting periods beginning on or after 1st January 2019. Before the issue related to AASB 16 leases, different do...Read More >>
Question: Learning Outcomes1. Explain the relationship between accounting theory, the accounting conceptual framework and accounting standards.2. Work individually and in groups to identify and apply appropriate accounting standards to a range of authentic accounting scenarios. Context: This assignment develops research and critical thinking abilities. It is a critical analysis/review of an academic article. Changes in technology are impact...Read More >>
Task: 1. Explain the importance of the Ball and Brown 1968 study for the accounting profession. Include in your answer a description of post earnings announcement drift and what this implies about accounting. This article was covered in the book 2.Explain what is meant by the semi-strong efficient market, vs. weak and strong form market efficiency. Give an example of semi-strong market efficiency. This topic was di...Read More >>
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