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Discuss the financial accounting tends to support

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Problem 1: Critical perspectives challenge the conventional opinions about the role of accounting within society. The basic arguments that suggest that financial accounting tends to support the positions of individuals who hold wealth and social status, while undermining the positions of others. The fact that disclosure (or non-disclosure) of information can be construed to be an important strategy to promote and legitimize particular social orders. Discuss the given statement. Support your answers with appropriate research and examples.

Reference no: EM132645232

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