A Comparative Study of Accounting and the Environmental Factors Essay

A comparative Study of Accounting and the Environmental Factors Influencing Accounting in Australia and Sweden - Essay ExampleIt begins with the discussion of Muellers sort of report then narrows down to the story values within which a comprehensive analysis of the Swedish and Australian accounting environments are found.Gerhard Mueller carried out an environmental analysis which supports the discussion on the accounting classifications. Gerhard set four different approaches to the accounting development which provide the necessary categorization of countries based on accounting values. This includes the microeconomic grade, macroeconomic pattern, uniform accounting pattern, and the independent discipline pattern (Mueller, 1967).The macroeconomic pattern is based on the interrelationship between railway line accounting and the economic policies of the nation. The corporate objectives are usually to play along instead of leading national economic policies. Business and econom ic stability is promoted through the smoothening of accounting income to make growth, adjustment of depreciation rates is necessary to promote investment, the creation of special reserves is necessary and to set up macroeconomic concerns it is necessary to develop social responsibility accounting. The examples given for this approach included French, Germany and Sweden.The microeconomic pattern on the other hand can be seen as a sub discipline of business economics. This pattern provides the focus directed towards the specific economic entities. In this pattern, economic analysis is the source of accounting concepts. An essential concept is determined by maintaining in real terms the monetary capital invested in the companies. The microeconomic approach is demonstrated by some companies in Netherlands and Australia through replacement-value accounting (Chanchani & Willett, 2004).Accounting is viewed in the light of an efficient method of control and administration derived from the uniform accounting