Users have different information needs in terms of objectives. User diversity and different user objectives present a problem for accounting standard-setters. How do you think the FASB addresses the issues? 

Read Making up Users. What are the implications of Young's (2006), Making up Users, on the standards disseminated by standard-setting bodies? Do you agree or disagree with Young?

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FASB is a committee formed to establish the standards with the mot... View the full answer