Explain how “rules-based” accounting standards differ from “principles-based” standards. How might fundamentally changing accounting standards from bright-line rules to principle-based standards help prevent another Enron-like fiasco in the future? Are there dangers in removing bright line rules? What difficulties might be associated with such a change?
https://www.usadissertationeditors.com/wp-content/uploads/2019/12/logo-300x75.png 0 0 root https://www.usadissertationeditors.com/wp-content/uploads/2019/12/logo-300x75.png root2020-09-20 06:55:392020-09-20 06:55:39Explain how "rules-based" accounting standards differ from "principles-based" standards.