Accounting and Finance

This book has four articles giving the reader empirical analysis and theoretical reviews on effectiveness of International Standards Setting Process, Evolution of Accounting Equation, Corporate Social Responsibility and Factors Affecting Exchange Rate Movements. The book shows how International standards setting process favors developed countries leaving developing ones as mere receivers of the orders given. In this book accounting equation is revealed as evolving over time and not static as many accountants do think since as time goes Assets never equal Capital plus Liability unless intangibles are included. Corporate social responsibility also is shown in this book as a source and a tool for sustainable development in developing countries to attain national visions and 2015, 8 MDGs. Finally the book shows factors affecting exchange rates movements in developing countries. In this finance aspects the obvious factors which citizens and experts think as causes of exchange rates are not significant, hence the obvious is not obvious.Therefore this book gives the reader significant variables affecting exchange rates fluctuation in developing countries.