advanced financial accounting
REQUIRED:
A. Explore the relationship between the notions of public interest and decision usefulness of accounting information with the help of research articles. Based upon this reading, how, and to what extent, is the development of accounting standards in the public interest consistent with the decision usefulness of accounting information? (Use at least four research articles from academic journals)
B. Discuss,withthehelpofresearchliterature,thattheuseofIAS(InternationalAccounting Standards) compared to national or domestic accounting standards has reduced the cost of capital of publicly listed firms. (Use at least four research articles from academic journals).
C. From a review of latest annual reports of an Australian firm listed on ASX, identify and discuss the quality of financial disclosure by the firm with reference to a particular
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accounting standard and discuss whether these disclosures are sufficiently clear to be understood by a common user (You are not required to financial figures in this section).
Please provide conclusion at the end of each part of your assignment
YOU MUST FOLLOW THE FOLLOWING LAYOUT!!
abstract
Please provide conclusion at the end of each part of your assignment
PART A—-HEADINGS(USE PROPER HEADING BUT PUT PART A ON SIDE)
———–A. Explore the relationship between the notions of public interest and decision usefulness of accounting information with the help of research articles. Based upon this reading, how, and to what extent, is the development of accounting standards in the public interest consistent with the decision usefulness of accounting information? (Use at least four research articles from academic journals)
PART B——HEADING (USE PROPER HEADING BUT PUT PART B ON SIDE)
—– Discuss,with the help of research literature,that the use of IAS(InternationalAccounting Standards) compared to national or domestic accounting standards has reduced the cost of capital of publicly listed firms. (Use at least four research articles from academic journals).
PART C.HEADING (USE PROPER HEADING BUT PUT PART B ON SIDE)
———– From a review of latest annual reports of an Australian firm listed on ASX, identify and discuss the quality of financial disclosure by the firm with reference to a particular
???accounting standard and discuss whether these disclosures are sufficiently clear to be understood by a common user (You are not required to financial figures in this section).