'The Interpretation of the Matching Concept in Practice,therefore,is Biased by the Effect

question 17

Essay

'The interpretation of the matching concept in practice,therefore,is biased by the effect of the convention of conservatism.' J.Godfrey,et el,'Accounting Theory',7^th Ed.p.348.
Explain and discuss the above statement.Do you agree or disagree with the statement?

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Definitions:

Positive Words

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Negative Words

Refers to words that convey a negative connotation or imply something undesirable or harmful.

Attitude Polarization

The phenomenon where a disagreement becomes more extreme as the differing parties continue to consider more evidence or arguments.

Lakers Fan

A Lakers fan is an individual who ardently supports and follows the Los Angeles Lakers, a professional basketball team based in Los Angeles, California.