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a major problem being a preoccupation with details while giving inadequate attention to the basic objectives that underlie our practice. Why have accountants been inundated

a major problem being a preoccupation with details while giving inadequate attention to the basic objectives that underlie our practice. Why have accountants been inundated with such a large amount of rules and regulations? How does an overreliance on these lead to ethical problems? Would an increased focused on the basic objective that underlie our practice result in better ethical behaviors.

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