The role of judgment in the application of accounting standards and whether that role should be reduced or expanded .

This is for a professional research writing course. There are several topics to choose from. CHOOSE 1

Professional Accounting Research
Research Paper

Select one of the following topics and narrow it if necessary. Write a documented research paper on your topic, using the report template discussed in class.

Congressional attempts to affect the accounting standard setting process
The future of eXtensible Business Reporting Language (XBRL) and how it might be used to support the development of other comprehensive bases of accounting (OCBOA) outside of GAAP
The Public Company Accounting Oversight Board (PCAOB)
The International Auditing and Assurance Standards Board (IAASB) and its role in establishing International Standards on Auditing (ISAs)
The use of fair value measurements in Generally Accepted Accounting Principles
The future of “integrated reporting” and the possible expansion of the attest function
The role of judgment in the application of accounting standards and whether that role should be reduced or expanded
The impact of the Committee of Sponsoring Organizations’ (COSO) Internal Control—Integrated Framework

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