If accounting is to retain any credibility-and without credibility it is worthless
“If accounting is to retain any credibility-and without credibility it is worthless – its guiding light must be neutrality in financial reporting” (David Solomons, Accounting and social change: A neutralist view, Accounting, Organizations and Society,
Critically evaluate the above statement. You should explain how the characteristics identified in the above statement may be attained and implemented