An East Dallas CPA explains Costs and Benefits
Though it is unlikely that significantly improved means of measuring benefits will become available in the foreseeable future, it seems possible that better ways of quantifying the incremental costs of regulations of all kinds may gradually be developed, and the board will watch any such developments carefully. The board cannot cease to be concerned about the cost-effectiveness of and standards. To do so would be a dereliction of its duty and they did service to it's constituents.
According to our east Dallas accountants, neutrality means that, in formulating or implementing standards, the primary concern should be the relevance and reliability of the information that results, not the effect that the new rule may have on a particular interest. A neutral choice between accounting alternatives is free from bias towards a predetermined result.
According to our east Dallas accountants, neutrality means that, in formulating or implementing standards, the primary concern should be the relevance and reliability of the information that results, not the effect that the new rule may have on a particular interest. A neutral choice between accounting alternatives is free from bias towards a predetermined result.
