ACC 9807 Jay Lee #22
Fundamentally, I agree on designer SEC Chief Accountant Lynn E. Turners position that accounting and financial regulation was part of a make pass that would continue into the next century. As he explains, problems with standards go out to corporeal s reardals, which subject in economic recession, which inspire reforms and new regulation, which result in new standards. These bring about economic reco genuinely, which allows compromises, which lead to problems with standards. The cycle happens within recurring environments of new technology, markets buoyed by absurd exuberance, a burst bubble and, in some far land, a war.
I would like to refer this situation to dialectic relationship, the way in which two very different forces or factors work together, and the way in which their differences are resolved. Thus, two very different forces are personal credit line growth and regulation. These two forces sometimes conflict extremely and sometimes they are resolved. Therefore, regulation drive out be both a help and hindrance to business growth.
If regulation now helps business grow, these two can turn to the ideal way to the economy. But if regulation now blank out the business from growing, these two conflict and then will be resolved.
I believe current accounting regulation can be obstacles to business growth. This is because it is also long and its sentences are too complex. And foreign companies are showing a reluctance to inscribe U.S. securities markets, in some cases due to the burden of regulation. So, I count on this is the time to adjust its regulation more clearly and more often than not to the way the businesses more actively grow.If you want to get a full essay, order it on our website: Ordercustompaper.com
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