CONTEMPORARY ACCOUNTING THEORY AND REGULATORY ISSUES: Using Baker and Burland (August 2015) “The Historical Evolution of from Accounting Theory to the Conceptual Framework’ The CPA Journal, as your primary source [you can use more sources] discuss why the static and dynamic views of accounting theory developed. Also, discuss why it was necessary for government and professional bodies to intervene in setting accounting standards instead of letting accounting theory-based principles stand on their own. How are these issues playing out today? [You can visit SEC (Links to an external site.), FASB (Links to an external site.), AICPA (Links to an external site.), and other accounting media websites (use keyword ‘top accounting issues’) to sense broad contemporary accounting standards issues.]1-Postings should be a minimum of one short paragraph and a maximum of two paragraphs.2- Address the questions as much as possible (don’t let the discussion stray).3- Try to use quotes from the articles that support your postings. Include page numbers when you do that. with a references two or more4- Bring in related prior knowledge (work experience, prior coursework, readings, etc.)5-Use proper etiquette (proper language, typing, etc.).6- Avoid using large blocks of text. Break them up into small units.
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