Justice Owen in the HIH Royal Commission Suggested That

Justice Owen in the HIH Royal Commission suggested that:

A) Accounting standards which were unclear were primarily responsible for the collapse of HIH.
B) The inclusion of more non-accounting experience on the AASB could assist in the standard setting process.
C) That the true and fair view was no longer applicable to accounting reports.
D) Accounting standards which were unclear were primarily responsible for the collapse of HIH and that the true and fair view was no longer applicable to accounting reports.