Reference no: EM131174357 , Length: word count:2250
Question 1 (750 words)
You are required to write an essay analysing the usefulness of alternative measurement systems to historical cost. Your essay needs to identify and describe three alternatives to historical cost accounting. In your essay you should explain the assumptions behind these theories and use examples of how they could be applied. Within your essay analyse the usefulness of the three alternative measurement systems and explain if you think any are a valid alternative to historical cost. Support your arguments with appropriate citations in APA 6 style.
Question 2 - (750 words)
You are required to write an essay on the potential beneficiaries of the development of a conceptual framework. Would Hines (1989) argue that financial statement readers or the accounting profession will gain more from the establishment of a conceptual framework?
Hines, R (1989), "Financial accounting knowledge, conceptual framework projects and the social construction of the Accounting profession". Accounting, Auditing and Accountability Journal, 2(2), pp. 72-92
Question 3 - (750 words)
Financial reports can embrace a decision usefulness and/or a stewardship function. You are required to write a short essay explaining what these two terms mean and evaluating which of these two functions the IASB appears to have accepted as being the objective of general purpose financial accounting. Critically appraise the approach of the IASB.
Academic Writing and Referencing -
Content assessed: Conceptual framework, measurement and normative theories.
Key generic skills: Research, critical thinking and written communication.
Rationale
This assignment has been designed to assess your ability to:
- communicate your understanding of the relevant topics;
- be able to critically evaluate attempts to develop and apply a conceptual framework (SLO1);
- be able to critically appraise the objectives of accounting and relate them to the various concepts of accounting discussed in earlier subjects (SLO2); and
- be able to analyse the possible usefulness of alternative measurement systems to historical cost (SLO3).
2250 words.
15 references.
|
Fun of role-play is to get into character
: The fun of role-play is to get into character! Be the character! Talk like the character! Feel like you are the character! The scenario is deciding on the energy plan for Liechtenstein. Discuss the method you will use to get into your character.
|
|
Compute flow area and hydraulic radius for circular drain
: For the channel designed in Problem 14.32, compute the normal discharge that is expected for a slope of 0.12 percent if the channel is made from painted steel.
|
|
Which of these two policies would be less damaging
: To protect American jobs, the U.S. government may decide to cut U.S. imports of bulldozers by 60 percent. It could do so by either (a) imposing a tariff high enough to cut bulldozer imports by 60 percent or (b) by persuading Komatsu and other foreign..
|
|
Accessing health data through forms and reports
: What are the benefits and challenges associated with accessing health data through forms and reports?
|
|
Analysing the usefulness of alternative measurement systems
: You are required to write an essay analysing the usefulness of alternative measurement systems to historical cost. Your essay needs to identify and describe three alternatives to historical cost accounting
|
|
Sources to a statistical multiplexer that transmits
: Question 1 Suppose that packets arrive from various sources to a statistical multiplexer that transmits the packets over a 64 kbps PPP link. Suppose that the PPP frames have lengths that follow an exponential distribution with mean 1000 bytes and ..
|
|
Determine most-effective budgeting approach for a hospital
: Assume that you are an administrator for a hospital, and you need to acquire a new technology system so that you may comply with regulatory requirements. Create an argument to be presented to the leadership team in which you justify the need for y..
|
|
What is the infant industry argument for protectionism
: What is the infant industry argument for protectionism? Is the argument rational or an irrational appeal to emotion? Think carefully about why a country would wish to have particular industries located within their own borders
|
|
Describe what will occur in the loanable funds market
: First, briefly describe the loanable funds market. Next, in the domestic economy the government is running a budget deficit and needs to borrow money. Describe what will occur in the loanable funds market.
|