Accounting cannot be considered to be "culture free".Arguably,value systems of accountants are expected to be related to the values of the society within which they operate.Ans to such values will have an impact on accounting systems:
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Q14: The only body with the power to
Q15: The financial statements and supporting notes included
Q17: The Australian Accounting Standards Board reports to
Q17: The role of the Financial Reporting Council
Q18: The AASB has responsibility for developing a
Q20: There has been a trend by governments
Q21: In adopting International Financial Reporting Standards (IFRSs),the
Q22: The Financial Reporting Panel (FRP)established under the
Q23: In recent times the AASB has been
Q24: Some of the costs of international convergence
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