Question: Course Learning Outcome (CLO) 1: Critically evaluate contemporary issues, theories and empirical research evidence in financial and management accounting, including strengths and limitations. Elaborate the

Course Learning Outcome (CLO) 1: Critically evaluate contemporary issues, theories and

Course Learning Outcome (CLO) 1: Critically evaluate contemporary issues, theories and empirical research evidence in financial and management accounting, including strengths and limitations. Elaborate the strengths and limitations involved in the convergence of General Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS). [Total: 25 marks]

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