Some argue that the development of a conceptual framework is inappropriate because accountants constantly deal with specific issues that will not be envisaged by an overall, general conceptual framework. In particular, a conceptual framework makes no allowance for differences in the social contexts where accounting is applied. They also argue that it would be preferable to develop case-specific solutions to accounting issues, based on case study research, and bearing in mind the social contexts of all accounting decisions. Discuss this view, presenting arguments for and against it..

AppendixLO1