COMMENTARY on The Limitations of Accounting.

Eugene H. Flegm

doi:10.2308/ah-4816294

September 1, 1989Accounting Horizons

COMMENTARY on The Limitations of Accounting.

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Key Points

This commentary addresses the inherent limitations of accounting and the challenges in establishing clear objectives.
Discussed various auditing and accounting standards.
Analyzed the purposes and uses of accounting data.
Examined the role of businesses in setting standards.
Identified key disagreements on the objectives of accounting.
Outlined the limitations of current accounting frameworks.
Highlighted the influence of business interests in standards setting.

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Implication

Commentary reviews the limitations of accounting data, highlighting standards and their purposes, indicating a need for clarity in objectives.

Abstract

Focuses on the limitations of accounting. Auditing standards and accounting standards; Purposes, uses and limitations of accounting data; Disagreement on objectives of accounting; Role of business in standards setting.

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Eugene H. Flegm (1989) studied this question.

synapsesocial.com/papers/6a2f9885a1cfeec490829956 https://doi.org/10.2308/ah-4816294

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COMMENTARY on The Limitations of Accounting.

Key Points

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Implication

Abstract

Discussion

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COMMENTARY on The Limitations of Accounting.

Key Points

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Implication

Abstract

Discussion

Cite This Study

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