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The Implementation of Accounting Objectives: An Application to Extraordinary Items.

Anat Barnea; Joshua Ronen; S. Sadan

The Accounting Review 1975

Abstract Presents a study which examined the implications of the report on accounting objectives (AICPA, 1973, called Report) to the reporting of extraordinary items. Trade-off between reliability and relevance; Framework for getting standards for the treatment of extraordinary items that are responsive to the accounting objectives as stated in the AICPA Study Group Report; Systematic path of inquiry that may be followed in the formulation of future accounting standards.

DOI
10.2308/tar-4501683
Volume
50 (1)
Pages
58-68
Language
en
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