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One purpose of accounting research is to help inform regulators on whether changes are needed to improve decision usefulness. 1. Explain the accounting issue that

  1. One purpose of accounting research is to help inform regulators on whether changes are needed to improve decision usefulness.

1. Explain the accounting issue that Desir et al., 2010 addressed and why it was appropriate to examine the topic from the perspective of decision usefulness.

2. Explain the method that they used in the paper to develop evidence on whether changes to the standard were needed.

3. Finally, explain which results (from the data) are the most persuasive for change in the standard?

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