Accounting Theory Assignment-

Read the articles on study desk: Volkswagen The scandal explained

Instructions

This assignment is a research based essay where you are required to relate a practical example to accounting theory. You have been given one newspaper report but there are many other sources you can and should use.

The relationship between accounting research and professional practice has been discussed in the literature (Parker, Guthrie & Linacre 2011). Using the article provided discuss and critically evaluate the following:

• What are the possible accounting issues faced by Volkswagen?
• Who are the stakeholders who have been effected by the Volkswagens actions? Describe each stakeholder, their concerns and how they are likely to be effected.
• Detail what you believe motivated the management of Volkswagens to act in the way they did.
• What accounting theories might explain the actions of Volkswagens management? Make sure you relate this to the company and its stakeholders.
• Using accounting theory explain what Volkswagens management are, or should do, as a result of the scandal.
• Compare and contrast the different theories and identify which of these theories is most important and explain reasons why you think your chosen theory is the most important.
• Relate your answers to the link between theory and practice.

You should consider all accounting theories that you believe are relevant.

References - Parker, L, Guthrie, J & Linacre, S 2011, 'The relationship between academic accounting research and professional practice', Accounting, Auditing & Accountability Journal, vol. 24, no. 1, pp. 5-14.

Attachment:- Article-Volkswagen The scandal.rar