Accounting for companies is just a way to fool a wide variety of stakeholders. There are so

many ways to represent the numbers! It's like looking at a piece of artwork sometimes. I

don't trust anything that's produced in those published financial statements!

Critique the statement above. In so doing:

a) comment in general terms on what underpins this statement above.

b) identify and explain the nature of 6 examples of differing approaches to

determining values to be included in income statements and statements of

financial position, and in so doing illustrate your explanations.