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Miscellaneous
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Number of pages / Number of words: |
10 / 2787 |
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If the users just get the information the agents allows them to receive, than the information are likely to be filtered in the agents interest.
As I have explained the fundamental prerequisite for understanding and evaluating the quote now, it is necessary to mention that it is not possible to measure the true financial performance of a company...
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Accounting is a social science and cannot be objective: âAccounting as a social science is bidirectional and does not have an objective and separate existence from accountantsâ (Godfrey-Jayne et al; 1997, p. 395). Accounting deals with measurements and should as good as possible enable users to determine the fair value: âThe amount for which an asset could be exchanged between a knowledgable, willing buyer and a knowledgable, willing seller in an armâs length transactionâ (AASB 1013)...
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