Content requirements: In your evaluation, please comment on: • Reasons for accou

Content requirements:
In your evaluation, please comment on:
• Reasons for accounting to be regulated,
• political considerations when developing regulation,
• who benefits from this regulation,
• what are potential economic consequences?
Please consider both the supply and demand side of financial reporting in your discussion, i.e. both companies that prepare the reports and investors/stakeholders who read/use the reports.

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