Zimmerman, A. B., & Bloom, R. (2016). The matching principle revisited. Accounting Historians Journal 43(1), 79-119. After reading the assigned article on matching, provide your thoughts on each of the following questions below. [Your report may be one or two pages in total.] 1. Briefly explain differences between the income statement orientation and the balance sheet orientation. How do these two different orientations treat income measurement? 2. Briefly compare the historical views of authoritative bodies (i.e., accounting standard setters) with respect to matching. Also, discuss the authoritative shift from an income statement to a balance sheet orientation. 3. Do you consider the concept of matching expenses to revenues as a key accounting principle? Why or why not? Briefly explain or provide quotations which support your thoughts. 4. Do you have any examples of accounting practice which reflect the significance of the matching concept? 5. Can you name one or two recent academic empirical research articles showing the importance of matching? Briefly explain.

Zimmerman, A. B., \& Bloom, R. (2016). The matching principle revisited. Accounting Historians Journal 43(1), 79-119. After reading the assigned article on matching, provide your thoughts on each of the following questions below. [Your report may be one or two pages in total.] 1. Briefly explain differences between the income statement orientation and the balance sheet orientation. How do these two different orientations treat income measurement? 2. Briefly compare the historical views of authoritative bodies (i.e., accounting standard setters) with respect to matching. Also, discuss the authoritative shift from an income statement to a balance sheet orientation. 3. Do you consider the concept of matching expenses to revenues as a key accounting principle? Why or why not? Briefly explain or provide quotations which support your thoughts. 4. Do you have any examples of accounting practice which reflect the significance of the matching concept? 5. Can you name one or two recent academic empirical research articles showing the importance of matching? Briefly explain