Evaluating an Economic Event:
Today's accounting professional must be able to understand and critically evaluate a variety of contexts and situations to develop the best solution to a particular circumstance.
Consider your professional experience and knowledge gained from reading as you answer the following Discussion question:
(1) What does it mean to critically evaluate an economic event or resource in the context of an accounting standard;
(2) what is actually being evaluated and how?
(3) Based upon your professional experience, provide an example of an event that you would have or have critically evaluated.
Please make sure that you enumerate your answers and follow APA guidelines in your citations and references. Be aware that for this discussion forum, should include some level of research.