Which of the following is/are major factors in the rapidly changing financial reporting environment in Canada?
A) increased demand for accountants and the impact of technology
B) globalization and the unethical actions of accountants
C) the growing number of institutional investors who want more information regarding environmental and social issues
D) increased use of the Internet

Question

Quizplus · Accepted Answer

The growing number of institutional investors who want more information regarding environmental and social issues is a major factor in the rapidly changing financial reporting environment in Canada. While factors such as increased demand for accountants and the impact of technology and increased use of the Internet may have some impact, they are not considered major factors in the context of the question. Globalization and the unethical actions of accountants may have some impact on financial reporting, but they are not specifically mentioned as major factors in the rapidly changing environment in Canada.

Which of the Following Is/are Major Factors in the Rapidly