Question: Hi, could you please help me with this question? QUESTION 2: from Rankin et al The Conceptual Framework (paragraph OB6) and the Proposed Framework (paragraph

Hi, could you please help me with this question?

QUESTION 2: from Rankin et al

The Conceptual Framework (paragraph OB6) and the Proposed Framework (paragraph 1.6) state that 'general purpose financial reports do not and cannot provide all of the information that existing and potential investors, lenders and other creditors need' (para. OB6). What information is not provided and why?

QUESTION 2: from Rankin et al

The Conceptual Framework (paragraph OB6) and the Proposed Framework (paragraph 1.6) state that 'general purpose financial reports do not and cannot provide all of the information that existing and potential investors, lenders and other creditors need' (para. OB6). What information is not provided and why?

QUESTION 3:

What is a 'hypothesis' and do you consider that accounting research should necessarily involve the development of empirically testable hypotheses?

QUESTION 4:

If a researcher tested a theory on a particular sample of companies, what considerations would you examine before you would agree with the researcher that the results can be generalised to the larger population of companies?

QUESTION 5:

If an accounting researcher adopts a particular accounting theory to predict which firms will make particular accounting disclosures, how much supporting evidence must the researcher gather before he or she can claim that the theory is 'proved'? Explain your answer.

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