$*$What is Accounting?$**$

$1.$ What is the primary role of accounting in society?

$2.$ How does accounting respond to its environment?

$**$Why should we want to know how and why accounting develops?$**$

$1.$ What can we gain from understanding the development of accounting in a nation?

$2.$ How does knowing the underlying factors that influenced accounting development help us$?$

$**$Why should we classify $($compare$)$ national or regional financial accounting systems?$**$

$1.$ What is the purpose of classifying national accounting systems?

$2.$ What can we analyze by comparing national accounting systems?

$**$Development Factors$**$

$1.$ What are the factors that influence national accounting development?

$2.$ How do these factors contribute to accounting diversity among nations?

$**$Development Factors $-$ Sources of Finance$**$

$1.$ How do accounting profits measure management performance in countries with strong equity markets?

$2.$ What is the focus of accounting in credit$-$based systems?

$**$Development Factors $-$ Legal System$**$

$1.$ What is the main difference between Code $($Civil$)$ Law and Common $($Case$)$ Law?

$2.$ How do Code Law and Common Law systems influence accounting practices?

$3.$ What are the characteristics of accounting in Code Law countries?

$4.$ What are the characteristics of accounting in Common Law countries?

$**$Development Factors $-$ Taxation$**$

$1.$ How does tax legislation influence accounting standards in many countries?

$2.$ What is the relationship between financial and tax accounting in countries like the Netherlands?

$3.$ How do tax rules dominate accounting practices in Code Law$/$credit$-$based countries?

$**$Development Factors $-$ Political & Economic Ties$**$

$1.$ How do political and economic ties influence the development of accounting systems in developing economies?

$2.$ What is an example of a country that had an accounting system imposed on it$?$

$3.$ What is an example of a country that chose to model its accounting system after another country?