To determine the due process in developing the financial reporting standard.
Case analysis: The leadership of the business community wrote a brief letter to the SEC and FASB in opposing the final standard techniques in setting up the accounting principles. They argued that many issues will arise and affect the accounting process; they raised concerns by hedging and derivatives proposals which impact the capital markets and weaken the ability of the companies in managing risk and cost implementation.
To determine the economic consequences in setting accounting standard.
Case analysis: The leadership of the business community wrote a brief letter to the SEC and FASB in opposing the final standard techniques in setting up the accounting principles. They argued that many issues will arise and affect the accounting process; they raised concerns by hedging and derivatives proposals which impact the capital markets and weaken the ability of the companies in managing risk and cost implementation.
To determine the economic consequences in setting accounting standard.
Case analysis: The leadership of the business community wrote a brief letter to the SEC and FASB in opposing the final standard techniques in setting up the accounting principles. They argued that many issues will arise and affect the accounting process; they raised concerns by hedging and derivatives proposals which impact the capital markets and weaken the ability of the companies in managing risk and cost implementation.
To determine the main agenda of the letter.
Case analysis: The leadership of the business community wrote a brief letter to the SEC and FASB in opposing the final standard techniques in setting up the accounting principles. They argued that many issues will arise and affect the accounting process; they raised concerns by hedging and derivatives proposals which impact the capital markets and weaken the ability of the companies in managing risk and cost implementation.
To determine the reason for sending the letter.
Case analysis: The leadership of the business community wrote a brief letter to the SEC and FASB in opposing the final standard techniques in setting up the accounting principles. They argued that many issues will arise and affect the accounting process; they raised concerns by hedging and derivatives proposals which impact the capital markets and weaken the ability of the companies in managing risk and cost implementation.

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Chapter 1 Solutions
INTERMEDIATE ACCOUNTING WPNG MULTI-S
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