Accounting Theories

Objectives

1. Demonstrate your understanding of the implications of the efficient market hypothesis.
2. Clearly communicate your thoughts and ideas in a clear and concise manner.
3. Write persuasively in a document that is free of spelling and grammatical errors.

Assignments

In a 3-page, double-spaced paper, explain the efficient market hypothesis in your own words. What are the implications of the efficient market hypothesis on accounting standard setting and financial reporting?