Essays on Business Performance and Value Assignment

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The paper "Business Performance and Value" is an amazing example of a Business assignment.   Accounting information is considered as any other product in the market. As such, it is subject to demand and supply. Investors require accounting information and on the other hand, the companies through their managers, supply the information (Botzem, 2012).   The main problem with the accounting information is that some of the managers may provide misleading information to the investors to coerce them into investing in their company. This has brought about the aspect of regulation which is aimed at creating a level playing field.

Regulation involves the rule that has been put in place to guide the accounting operations including the disclosure of information (Skogstad, 2011).   Political aspects in accounting are closely related to regulations. Politicians are responsible for making laws and carrying out oversight.   As a result, politics is all about the laws that should be put in place to govern the accounting process. Politicians represent the public interest and hence their involvement in accounting to protect the vulnerable. According to the public interest theory, political interference in accounting is aimed at promoting transparency and ensuring that accounting information provided is accurate (Smith, 2014).

As a future accountant, politics of regulation is likely to have a lot of impacts on daily operations. The low levels of transparency in financial reporting have led to increased levels of politics and regulations in accounting (Burlaud & Colasse, 2011). Most of the companies inflate their accounting information to attract investors and assure shareholders that the company is performing well. The Wall Street scandal in the United States of America is an example. Regulations are required to protect the shareholders and investors from misleading accounting information that may render them vulnerable.

Politicians play a key role in regulating the supply of financial information (Rahman, 2013).  


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