The arguments for regulation Accounting essay
2. Complexity and risk. About four in five respondents reported that the regulations affecting their organizations are complex or very complex. “The problem is that the legislature micro-manages government, nonprofits and businesses.” “We regularly have the feeling that regulations miss important risk areas and focus on them. To help accounting students find essay topics, this article discusses ideas and examples covering a wide range of accounting topics. The role of financial accounting in decision-making processes. The impact of international financial reporting standards on global business. Ethical considerations in the financial field. 1. Introduction It is a great honor to receive the Distinguished Academic Award from the BAA. It also offers a unique opportunity to write a more personal and reflective article than would normally appear in journals such as The British Accounting Review. The article reflects the interests I have had since I first started my journey to become 1. Introduction. Students are exposed to technical study material in a vocational study environment that is far removed from the real world. The Pathways Commission, 2015 Many researchers have found that there is a gap between practice and theory in accounting education and that this is not a recent phenomenon. is, Summary. Although there is valuable literature on theoretical considerations in the cost-benefit analysis of accounting regulations, and although regulators themselves recognize the need for a cost-benefit analysis of their work, empirical analysis of the costs and benefits of changes in accounting regulations is virtually non-existent. possible. -existing.