Traditionally, organisations have tended to choose accounting methods that applied conservative measures of profits, net assets, and

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Traditionally, organisations have tended to choose accounting methods that applied conservative measures of profits, net assets, and therefore equity.

From a contracting perspective, why do you think this might have been the case?

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Financial Accounting Theory

ISBN: 9780071013147

4th Edition

Authors: Craig Deegan, H. Bierman

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