| Subject Code : | MPA509 |
|---|
MPA509 - Comprehensive Theory - Accounting Theory - Assessment Answer, Download the solution from our nursing assessment expert.
Assessment Task:
Background:
Mr. Dewey, the Senior Partner of the CPA firm Dewey, Cheatem & Howe,is very concerned about an article that read – “Accounting Theory: Missing in Action?”by Luskey, et al., 2007.
Mr. Dewey is worried that if there is little or no theory behind accounting, how can the profession justify its work and how do we deal with new problems/issues as they arise. He, also,worries that, should the lack of a comprehensive theory in accounting become widely known, there is a risk that accountants will be seen as being little more than expensive clerks.
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