Do you believe that it is appropriate that we have a single, global set of accounting standards as well as…

Length:                                               1500 words maximum

Format:                                               Refer to marking guide attached

 Research assignment:

Do you believe that it is appropriate that we have a single, global set of accounting standards as well as one conceptual framework that has global applicability?

Explain your answer.

(Students should provide arguments to support or oppose global uniformity in accounting standards and conceptual frameworks).

Hint: Check the IASB website for information on the latest developmentsand issues on the conceptual framework.

Assessment criteria