From blog to Accounting Theory to pwned
Posted by Christie Malry on September 16, 2010 at 9:13 am
Ritchie is as pleased as punch because one of his blog entries from last year has been included in a publication:
Page 27 is a case study. It’s this blog, by me.
You might like to answer the questions the authors raise:
1. Murphy comments on the different theories of accounting under IFRS and UK GAAP. What are the differences and why is IFRS deemed inappropriate for local authorities?
2. based upon the arguments by Murphy should we have different accounting systems? For local authorities? For different countries?
3. What approach is Murphy using when he addresses the question of accounting for local authorities?
4. Why do you think IFRS has been adopted for local authorities? Is it scientific or unscientific?
From blog to accounting theory.
Critics please note.
Indeed I do. This reads not so much as an endorsement of Murphy's burblings but as a comprehension test. In particular, question 3 is more about his approach than it is about whether his arguments are valid. Question 3 could indeed be restated "Is Murphy's argument valid?"
The answer, invariably, is no.
No doubt Wiley think there's lots to discuss in this post, as there are in many of his posts. But they're not agreeing with him here, far from it.
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