Case study: Foster's: les goodwill, higher earnings
Critically analyse and evaluate the arguments for, and against, for the case study.
Which arguments do you consider to be more compelling? (In other words, what is your opinion?)
Note: Please use appropriate referencing style. For this assignment, you may need to use Proquest.
Use recent academic journal articles in referencing( in-text referencing is mandatory).
Adopting a Positive Accounting theory perspective, consider the following issues:
a) If a new accounting standard impacts on profits, should this impact on the value of the firm, and if so, why?
b) Will the imposition of a particular accounting method have implications for the efficiency of the organisation?