Accounting Theory and Contemporary issues in accounting.
Give the explanations without any bibliography, only good answers with easy understanding to the teacher. Clever answer and easy.
1) Define Conceptual framework and a detailed understand of the qualitative characteristics and for general purpose financial report.
2) Including a detailed understand of the qualitative of characteristics of financial report.
3) The qualitative characteristics and for general purpose financial report
4) Explain institutional, legitimacy and contingency theories
5) Detailed concept of Efficient Markets, including EMH. Give examples.
6) Explain heuristics and accounting information
7) Compare fair value and cost measurement and explain which one you prefer and why
8) "Accounting standard are too restrictive and that's why financials are becoming irrelevant". Argument.
9) What is international accounting
10) Explain "why with the standards the differences in accounting are not longer exist?"
11) Write about 2 cultural impact of international accounting
12) Principal agent(agency) theory and 3 cost of agency
13) What is BAR and the limitations.
14) Fair Value measurement. Argument for and against it.
15) What is Global Finance crises and accounting. Which relation has with the accounting and explain also the relation with the fair value.