hi.i want u to do my assignment for subject Current development in accounting thougts.plz make sure that all the data u put is write by your own words not a single word copy from internet or some other source because i want to put it on turnition where they show all the work if u copied from internet or from some websites.just give me quality work and plagirism free work.thanks
Assessment item 2 Assignment 2 Value: 15% Length: 1500 words Task Content assessed: Various normative theories, measurement issues under IFRS and Conceptual framework ?Key generic skills: Research, critical thinking and written communication. ?Subject Learning Outcome for Question 1: Be able to apply theoretical knowledge to analyse and synthesize complex issues in the accounting practice. Question 1 Short report 8 marks ( 800 words excluding table of content and references) Refer to the Article ICAEW (2011) ‘Measurement in financial reporting information for better market initiative’ Financial Reporting Faculty, icaew.com/bettermarkets. Write a critical comments report on the above article by focusing on the following points: Why has accounting measurement become a controversial issue in the recent debate in financial reporting? In recent years accounting standards have been released, which have shown a movement away from historical costs and a movement towards fair values. Why do you think this is occurring? Further, why do you think that conceptual frameworks have not been amended to stipulate an alternative historical cost such as fair values? Compare and contract measurement choices, explain in your own words the impact of wrong choices of measurement for an organisation. Subject Learning Outcome for Question 2 : Be able to critically analyse established knowledge of social power and its influence on financial reporting through legitimize concepts. ? Question 2 Short report 7 marks ( 700 words excluding table of content and references) Refer to the article Hines, R. (1991) ‘ The FABS’s conceptual framework, financial accounting and the maintenance of the social world’ , Accounting organization and Society, 16(4), pp. 313 51 Hines made the following statement in her (1991, p.328) article: Conceptual Frameworks presume, legitimize and produce the assumptions of an objective world and as such they play a part in constituting the social…
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