Both questions are from same assignment. 1 is related to article and another one is exposure draft. All the details are given in the question and I will provide you the topics to which we have to relate the article and exposure draft.

The article and exposure draft can be related to accounting theories such as Normative theories ,positive theories; measurement in relation to accounting; Accounting regulation and politics; Theories to explain regulation such as public interest theory, capture theory or economic interest group theory( private interest theory); Standard setting process. Articles and exposure draft from question 1 and 2 can be related to any one or 2 of the topics provided above. If you need any further information kindly ask me but please fulfill all the requirements of the questions.Thank you

This is question no.2. Half of this question is below question 1 and half on the next page.

opinions of other industry players on the changes. Firstly, you are required to find a current exposure draft or proposal for a new accounting standard (no older than 1 year) which has been opened for public comments. These can be found on the websites of most standard setting organisations, such as the IASB, AASB, and FAS8. Hint: These websites can be quite difficult to navigate. so as a first step try typing IASB exposure drail and comment letters"/"FASB exposure draft and comment letters" into Google or other search engine of your choice). Read a sample of the comments from a range of respondents. Select four respondents, ideally from different types of organisations for example, from accounting bodies, industry, companies or corporate bodies. If you are having a problem finding suitable comments letters then contact your subject coordinator. In your own words, supporting your evaluation with appropriate citations, appropriately referenced in APAG or 7 style, you are required to include the following information in the report. An outline of the major issues covered in the exposure draft (what is the exposure draft introducing or changing?). An outline of the views presented in the comment letters which highlights the areas of agreement and disagreement with the exposure draft. An assessment as to whether or not) the behaviour of the regulator in introducing the exposure draft can be explained by public interest theory. An application of each of the theories of regulation (public interest, private interest, and capture) to the comments letters and a justification as to which theory(ies) best explains the comments. opinions of other industry players on the changes. Firstly, you are required to find a current exposure draft or proposal for a new accounting standard (no older than 1 year) which has been opened for public comments. These can be found on the websites of most standard setting organisations, such as the IASB, AASB, and FAS8. Hint: These websites can be quite difficult to navigate. so as a first step try typing IASB exposure drail and comment letters"/"FASB exposure draft and comment letters" into Google or other search engine of your choice). Read a sample of the comments from a range of respondents. Select four respondents, ideally from different types of organisations for example, from accounting bodies, industry, companies or corporate bodies. If you are having a problem finding suitable comments letters then contact your subject coordinator. In your own words, supporting your evaluation with appropriate citations, appropriately referenced in APAG or 7 style, you are required to include the following information in the report. An outline of the major issues covered in the exposure draft (what is the exposure draft introducing or changing?). An outline of the views presented in the comment letters which highlights the areas of agreement and disagreement with the exposure draft. An assessment as to whether or not) the behaviour of the regulator in introducing the exposure draft can be explained by public interest theory. An application of each of the theories of regulation (public interest, private interest, and capture) to the comments letters and a justification as to which theory(ies) best explains the comments