Article $"$On the Balance sheet$-$based Model of Financial Reporting" by Dichev can be used as a refrence to answer this. What is the author's view about the focus of accounting and the debate between Income statement approach and Balance Sheet approach? What are the author's main arguments? Do you agree with the author's views? Why or why not? $($Do not repeat the author's arguments, offer your reasons for agreeing or disagreeing.$)$