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Write a 1 page essay on Last Discussion.3. Information provided by accountants should be relevant. The implication of this convention is that the information should help a user form, revise or confirm
Write a 1 page essay on Last Discussion.
3. Information provided by accountants should be relevant. The implication of this convention is that the information should help a user form, revise or confirm a view so as to make an informed decision. What this means is that when writing papers related to accounting, information that may not be useful in making decisions should be excluded.
The most surprising convention I have learnt about accounting is that accountants cannot make accounts for items if they are not quantifiable in monetary terms (Riley par. 8). For example, market leadership, brand strength, and employee skill cannot be accounted for by