discussion board

discussion board

Using the attachment files, Baker and Burland (August 2015) “The Historical Evolution of from Accounting Theory to the Conceptual Framework’ The CPA Journal, and Solomons, D. The Politicization of Accounting. Journal of Accountancy (1987), as your primary source [you can use more sources] discuss why the static and dynamic views of accounting theory developed. Also, discuss why it was necessary for government and professional bodies to intervene in setting accounting standards instead of letting accounting theory based principles stand on their own. How are these issues playing out today? [You can visit SECFASB,AICPA, and other accounting media websites (use keyword ‘top accounting issues’) to sense broad contemporary accounting standards issues.]

Please see the attached rubric for evaluation my professor I need to get 10 full grade.

please read the attachment files then write one paragraph

note: no palagarasim, on time, excellent quality work

Please see the attached rubric for evaluation my professor I need to get 10 full grade.

please read the attachment files then write one paragraph

note: no palagarasim, on time, excellent quality work

Answer preview
The static and dynamic views of accounting were developed after an intense debate arose concerning the protection of creditors especially after the company or business has undergone liquidation and dividend payment which will directly affect assets and liabilities measurements as well as profits. According to Baker, and Burlaud (2015), the disagreement between the entrepreneurs and shareholders was the primary cause of the static accounting theory. In the static view, it assumes the potential failure of the business, in others words it considers the fictional liquidation of the company, and therefore it required the assets valuation at the market value agreed upon by capital providers…
(200 words)
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