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    standards

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    Consider the statement: "The best standards are the ones that eliminate all management discretion in reporting. That way one gets uniform numbers across all companies and don't have to worry about doing accounting analysis."

    Do you agree? Why or why not?

    © BrainMass Inc. brainmass.com June 3, 2020, 11:17 pm ad1c9bdddf
    https://brainmass.com/business/finance/best-standards-272371

    Solution Preview

    I do agree with this statement because such standards leave no room for manipulation related to management discretion as they eliminate choices in ...

    Solution Summary

    The solution considers the statement: "The best standards are the ones that eliminate all management discretion in reporting. That way one gets uniform numbers across all companies and don't have to worry about doing accounting analysis."

    $2.19

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