What is the role of regulation on financial reporting? Can free markets be relied upon to provide necessary valuable information to investors?

Accounting Synoptic Literature Review

Required:

In addressing this question, you should consider the following sub-questions:

What is the role of regulation on financial reporting?

Can free markets be relied upon to provide necessary valuable information to investors?

How might financial reporting regulation benefit investors and society in general?

What is the role of regulation on financial reporting? Can free markets be relied upon to provide necessary valuable information to investors?
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