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Should social and environmental reporting be mandatory

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Analyzing current issues in accounting. Consider the list of current and classic issues in accounting presented below (or others specified by your instructor). Use the Steps for Better Thinking to analyze the issue and short report .

Question a. What are the obstacles associated with adopting International Financial Reporting Standards?

Question b. Should the provisions of the Sarbanes-Oxley Act be extended to nonpublic corporations?

Question c. Will principles-based accounting become the norm for U.S. GAAP?

Question d. Has the 150-hour requirement for becoming a CPA been a success?

Question e. What systems documentation techniques should be taught in AIS courses?

Question f. Has the conceptual framework of accounting fulfilled its purpose?

Question g. What issues should managers consider with regard to corporate governance?

Question h. Should social and environmental reporting be mandatory?

Question i. How, if at all, should fair-value accounting be implemented

Reference no: EM132462485

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