Question: 1. Explain Hines view that the CF is a socially constructed and socially constructing document forming a body of professional knowledge essential to the existence

1. Explain Hines view that the CF is a socially constructed and socially constructing document forming a body of professional knowledge essential to the existence of the Accounting Profession. (ii) Could the two views be aligned based on the notion that accounting standards do change?b) Hines arguments is that a CF is a defensive document produced by the Accounting Profession in reaction to financial crises when it becomes threatened by government regulation. Explain whether you agree with this view.

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