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Principle-Based vs. Rules-Based Approach to Accounting | Free Report Assessment Example
📝 Accounting and finance are the fastest growing disciplines in the world of business. The two disciplines work together to ensure the companies are run efficiently. The purpose of this paper is to compare the two approaches to accounting.
🔗 Original essay: https://ivypanda.com/essays/principle-based-vs-rules-based-approach-to-accounting/
📑 Paper type: Report Assessment
📖 Pages: 4
🔠 Words: 1053
📚 Subjects: Business, Accounting
⚙️ Language: 🇬🇧 English
🔎 Works Cited:
Ball, R. 2009. Market and political/regulatory perspectives on recent accounting scandals. Journal of Accounting Research, Vol. 47, pp. 277-323.
Bog slaw, D. 2008. Global accounting standards? Not so fast. Business Week.
Cuccia, A., Hackenbrack, K & Nelson, M. 1995. The ability of professional standards to Mitigate aggressive reporting. The Accounting Review, Vol. 70, pp. 227-248.
Financial Accounting Standards Board. 2002. Principles-based approach to standard setting. Web.
Mergenthaler R. 2009. Principles-Based versus Rules-Based Standards and Earnings Management. Working paper, University of Iowa.
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