Discuss whether conceptual framework assist with setting of accountingStandards In...

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tribal_ripgurl

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...A Political Envivronment? Accounting is said to political in nature, therefore can anyone give please provide evidence that a conceptual framework assist in setting accounting standards in a political environment.
 
Accounting is not political in nature. Accounting standards are set by professional organizations like the CPA certifying body That is one reason people have faith in it.

Thanks
Bill
 
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