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Discuss the influence of accounting theory in setting standards and, in turn, how standard setting influences management decision making. What role does accounting theory play in setting standards? Is theory influenced by other factors such as political, economic, regulatory, legal, etc. factors? Do you believe that standard setters are reactionary or proactive in setting accounting standards? Why do you believe this is the case? How does this influence the decisions that management makes about their organization?.

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Discuss the influence of accounting theory in setting standards and, in turn, how standard setting influences management decision making. What role does accounting theory play in setting standards? Is theory influenced by other factors such as political, economic, regulatory, legal, etc. factors? Do you believe that standard setters are reactionary or proactive in setting accounting standards? Why do you believe this is the case? How does this influence the decisions that management makes about their organization?

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Discuss the influence of accounting theory in setting standa.pdf

  • 1. Discuss the influence of accounting theory in setting standards and, in turn, how standard setting influences management decision making. What role does accounting theory play in setting standards? Is theory influenced by other factors such as political, economic, regulatory, legal, etc. factors? Do you believe that standard setters are reactionary or proactive in setting accounting standards? Why do you believe this is the case? How does this influence the decisions that management makes about their organization?