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Question 3 (Both parts should be treated as independent.) a) In the context of the financial crisis of 2007-09, do you think that the alternative
Question 3 (Both parts should be treated as independent.) a) In the context of the financial crisis of 2007-09, do you think that the "alternative view" approach to measurement would have been more appropriate than the "fair value view approach? (25 marks) b) Making explicit reference to relevant academic literature, discuss the role of corporate disclosure and external audit in corporate governance. (25 marks) Question 3 (Both parts should be treated as independent.) a) In the context of the financial crisis of 2007-09, do you think that the "alternative view" approach to measurement would have been more appropriate than the "fair value view approach? (25 marks) b) Making explicit reference to relevant academic literature, discuss the role of corporate disclosure and external audit in corporate governance. (25 marks)
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