Here is the synopsis of our sample research paper on Stages of Development in Accounting Practice. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 11 page paper considers five different stages of accounting development indifferent countries, defines them and then gives examples justifying why they are classified in that development stage. The stages are accounting development that is; a) Highly developed and complex; b) Well developed and mature; c) reasonably developed, with an individual character;
d) beginning development, mostly under external influences and
e) little or no measurable development. Countries discussed include The UK, Italy, the US, France, Singapore, South Africa, China Egypt, Zimbabwe and Uzbekistan. The bibliography cites 19 sources.
Page Count:
11 pages (~225 words per page)
File: TS14_TEstageA.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
as a result of reasoned changes and events that bring abut the recognition for change. If the different stages are defined as a) Highly developed and complex, b) Well
developed and mature, c) reasonably developed, with an individual character, d) beginning development, mostly under external influences and e) little or no measurable development, each may be examined with definition
and examples of countries who may fit into that category. In seeking to classify each of these stages the ultimate role of accounting should be defined, each of these
being a subsequent step to attaining that role. The task is a "neutral craft which can assist in the efforts towards advancement of socio economic living conditions...... accumulating the right
data, analysing and interpreting these data and reporting the resulting information to corporate management, heads of government institutions and other stakeholders for rational decision making" (Rahaman). To attain this
role it is necessary that there are a range of controls that ensure the different aspects that will give accurate, reliable and unbiased results which in turn will create a
stable environment where the majority of material mistakes, frauds or misstatements are likely to be detected and result reported. This, along with the controls may be seen as the result
of a highly developed and complex system. Two countries that may be placed into this category are Italy and the UK. In
the United Kingdom the Accounting Standards Board is the regulating framework that sets the standards, In Italy the equivalent is the Consiglio Nazionale dei Dottori Commercialisti (CNDC) and the Consiglio
Nazionale dei Ragionieri (CNR). The CNR is the equivalent of the USs Financial Accounting Standards Board (FASB) and the UKs Accounting Standards Board (ASB) in that the CNR is the
...