Question 1:
What do you understand by the term big bath and when would management be disposed to use it?
Question 2:
Recognize and briefly describe five (5) different types of red flags which specify the potential for financial statements fraud.
Question 3:
Why do you think that the accounting profession has basically not released any accounting standards pertaining to disclosure on environmental information?
Question 4:
Of what relevance to accounting profession is sustainable development?