Tag Archives: IASB

What is the difference between primary and secondary stakeholders?Do you consider customers to be a primary stakeholder for the majority of companies? Explain

Description QUESTION 1 (1000 WORDS) In a speech in Paris, Hans Hoogervorst, Chair, IASB, referred to historical cost accounting as “a very primitive measurement basis that provides information that very quickly becomes outdated”. Do you agree? In your discussion, weigh up the advantages and disadvantages of historical cost accounting relative to alternative approaches. QUESTION 2 […]