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Why measurement is a very controversial issues in accounting

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Reference no: EM132969387

Question - "The accounting standard setters have adopted what we call a mixed measurement model when it comes to measurement in accounting. With a recent trend towards measurement of items at fair value, measurement has become very controversial." (Rankin et al. 2018, p. 104)

Critically discuss measurement issues in accounting. Explain and discuss why measurement is a very controversial issues in accounting. Justify your view on accounting measurement.

Reference no: EM132969387

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