Why do you think accounting standards can take such a long time to develop (e.g. 20 years

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Why do you think accounting standards can take such a long time to develop (e.g. 20 years in some cases). What are the benefits and drawbacks of them taking that long to come into place?

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Accounting For Non Accounting Students

ISBN: 9781292286938

10th Edition

Authors: John Dyson, Ellie Franklin

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Question Posted: Dec 16, 2022 10:00 AM

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Why do you think accounting standards can take such a long time to develop (e.g. 20 years

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There are several reasons why accounting standards can take such a long time to develop Complexity Developing accounting standards requires a lot of r...View the full answer

Accounting For Non Accounting Students

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