After reading case 1-2 Standard Setting: “Politicization of accounting standards – A necessary act?” in the textbook, write an essay that includes the following elements:

  1. A formal introduction.
  2. Answers to questions (a) through (e) of the case, focusing on the possible erosion of the independence of the accounting standard-setting process.
  3. A conclusion.

Your submitted paper should be at least 2-3 pages long and written according to CSU-Global Guide to Writing and APA Requirements, following APA style, and properly referenced.

Note that the textbook author is citing a source in this case, which must be considered when forming your references and citations.

CourseSmart – Instructors – Print

User name: Jon Hobart Book: Financial Report ing and Analy sis, 13t h Edit ion Page: Cov er. No part of any book may be reproduced or t ransmit t ed by any means w it hout t he
publisher’s prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

Gibson, C. H. (2013). Financial Reporting and Analysis: Using Financial Accounting Information (13th ed.).
Mason, OH: South-Western Cengage Learning. ISBN 13: 9781133188797

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prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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User name: Jon Hobart Book: Financial Report ing and Analy sis, 13t h Edit ion Page: 1. No part of any book may be reproduced or t ransmit t ed by any means w it hout t he publisher’s
prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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User name: Jon Hobart Book: Financial Report ing and Analy sis, 13t h Edit ion Page: 2. No part of any book may be reproduced or t ransmit t ed by any means w it hout t he publisher’s
prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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User name: Jon Hobart Book: Financial Report ing and Analy sis, 13t h Edit ion Page: 32. No part of any book may be reproduced or t ransmit t ed by any means w it hout t he publisher’s
prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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User name: Jon Hobart Book: Financial Report ing and Analy sis, 13t h Edit ion Page: 35. No part of any book may be reproduced or t ransmit t ed by any means w it hout t he publisher’s
prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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User name: Jon Hobart Book: Financial Report ing and Analy sis, 13t h Edit ion Page: 37. No part of any book may be reproduced or t ransmit t ed by any means w it hout t he publisher’s
prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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User name: Jon Hobart Book: Financial Report ing and Analy sis, 13t h Edit ion Page: 38. No part of any book may be reproduced or t ransmit t ed by any means w it hout t he publisher’s
prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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User name: Jon Hobart Book: Financial Report ing and Analy sis, 13t h Edit ion Page: 39. No part of any book may be reproduced or t ransmit t ed by any means w it hout t he publisher’s
prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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User name: Jon Hobart Book: Financial Report ing and Analy sis, 13t h Edit ion Page: 40. No part of any book may be reproduced or t ransmit t ed by any means w it hout t he publisher’s
prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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User name: Jon Hobart Book: Financial Report ing and Analy sis, 13t h Edit ion Page: 41. No part of any book may be reproduced or t ransmit t ed by any means w it hout t he publisher’s
prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

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User name: Jon Hobart Book: Financial Report ing and Analy sis, 13t h Edit ion Page: 43. No part of any book may be reproduced or t ransmit t ed by any means w it hout t he publisher’s
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CourseSmart – Instructors – Print

User name: Jon Hobart Book: Financial Report ing and Analy sis, 13t h Edit ion Page: 44. No part of any book may be reproduced or t ransmit t ed by any means w it hout t he publisher’s
prior permission. Use (ot her t han qualified fair use) in v iolat ion of t he law or Terms of S erv ice is prohibit ed. V iolat ors w ill be prosecut ed t o t he full ext ent of t he law .

instructors.coursesmart.com/print?_…