Critical theory:

1. Who favours from traditional financial accounting/reporting? (2 marks)
2. What would a critical perspective (theorist) of financial accounting/reporting suggest? Give an example of a critical view to traditional accounting/reporting. (5 marks)
3. What are the perceived benefits of such a critical view of accounting/reporting? (2 marks)
4. Andrews et al (2020, p. 760) argues, In Australia, entrenched features of neoliberalism, have hamstrung the governments ability to respond to the [COVID 19] crisis. Using critical theory, explain the impact of the neoliberalism straitjacket on the political response to COVID in Australia. (6 marks)