Overview
An objective of financial reporting regulation is to encourage the production of decision-useful information. This paper examines the association between the level of discretion allowed in accounting standards and comparability, a key characteristic of decision-useful reporting. To study this link, I investigate changes in comparability around regulation SOP 97-2, which decreased discretion in the timing of revenue recognition on software-related transactions.
Layout of the Report
SUMMARY - A 150-100-words summary of your findings (This will not count towards your 2,500 words)
INTRODUCTION – Here you provide an introduction to the , provides detailed guidance on accounting for revenue associated with software and software-related arrangements. (500-750 words)
RELATED LITERATURE– Here you provide a critical review of the different theoretical perspectives on your project. (500-700 words)
RESULTS OF PREVIOUS STUDIES – In this section highlight the previous studies and what was their findings. (400-600 words)
CONCLUSION – Based on your literature review in this section of the topic summaries your opinion regarding project. (250-200 words)
REFERENCES - The reference list should combined of diverse sources that you read. Hence, it is vital to focus on the diverse perspectives.
Note: Harvard referencing is required - all questions must be accompanied by enough research and reference to published work.
Word limit: 2500 Words (+/-10%).
Where the submission exceeds the stipulated word limit by more than 10%, the submission will only be marked up to and including the additional 10%. Anything over this will not be included in the final grade for the assessment item. Abstracts, bibliographies, reference lists, appendices and footnotes are excluded from any word limit requirements.