ACFI3009 Contemporary Accounting Issues Management


Case study

The designated topic for the case study is fair value measurement in financial reporting. You are required to read the journal paper, “Representing the market perspective: fair value measurement for non-financial assets” (Barker and Schulte, 2017), Accounting, Organization and Society, and answer the following questions:

Your tasks

1) What is the main contemporary issue in the paper and why?

2) What are the differences between ‘accounting as history’ and accounting as economic’ according to the above journal article?

3) Describe the main theory employed by the authors. Why do the authors believe this theory is applicable to the issues explored in their study?

4) What are the main findings of this paper?

5) What are the implications for the accounting from this research paper?

6) In your opinion, what are the challenges in applying IFRS 13, Fair Value Measurement?

Prepare your case study in report format by using the provided structure to complete this assignment, which is shown as follows.

Discussion on each question

1) The contemporary issues

2) The differences between ‘accounting as history’ and accounting as economic

3) The main theory employed and why

4) The main findings

5) The implications 

6) Your opinion on the challenges in the implementation of IFRS 13

Read less

Leave a Reply

Your email address will not be published. Required fields are marked *