1.9 In the 1969s a number of accounting researchers. concentrated on developing theories of accounting based on observing and documenting the behavior of practicing accountants. Do you think that such research is useful in improving the practice of nancial accounting? Explain your answer. 1.14 Read the following quotation from Miller and Reading (1999). If constituencv support is necessary before particular accounting approaches become embodied in accounting standards, does this have implications for the 'neutrality' and 'representational faithfulness' (qualitative characteristics that er-rist in various conceptual framework projects around the world) of reports generated in accordance with accounting standards? The mere discover}r of a problem is not sufficient to assure that the EASE will undertake iE solution There must be a suitably high likelihood that the Board can resolve the issues in a manner that will be acceptable to the constimencvwithout some prior sense of the likelihood that the Board members will be able to reach a consensus, it is generallv not advisable to undertake a formal project (Miller and Reading 1999, p. Evil}