John Wiley, the academic publisher, has just issued the seventh edition of a book entitled â€šÃ„Ã²Accounting Theory’.
Page 27 is a case study. It’s this blog, by me.
You might like to answer the questions the authors raise:
- Murphy comments on the different theories of accounting under IFRS and UK GAAP. What are the differences and why is IFRS deemed inappropriate for local authorities?
- based upon the arguments by Murphy should we have different accounting systems? For local authorities? For different countries?
- What approach is Murphy using when he addresses the question of accounting for local authorities?
- Why do you think IFRS has been adopted for local authorities? Is it scientific or unscientific?
From blog to accounting theory.
Critics please note.