Those in favour of regulating the provision of financial accounting argue that accounting is a public good and that without regulation,there is a problem of 'free-riders'.Explain what is meant by the notions of public good and free-riders and why proponents of regulation use them to support their views.

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The Answer of Those in favour of regulating the provision of financial accounting argue that accounting is a public good and that without regulation,there is a problem of 'free-riders'.Explain what is meant by the notions of public good and free-riders and why proponents of regulation use them to support their views.

Those in Favour of Regulating the Provision of Financial Accounting