Some individuals have argued that the ACSB and the International Accounting Standards Board (IASB) need to be

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Some individuals have argued that the ACSB and the International Accounting Standards Board (IASB) need to be aware of the economic consequences of their pronouncements. What is meant by “economic consequences”?
What are some of the dangers if politics play too much of a role in the development of financial reporting standards?
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Intermediate Accounting

ISBN: 978-0176509736

10th Canadian Edition, Volume 1

Authors: Donald Kieso, Jerry Weygandt, Terry Warfield, Nicola Young,

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