Abstract
This paper is concerned with the concepts of accountability; representation and control explain the euro debt crisis in detail. The author takes a deeper journey into the meaning of occurs of Euro sovereign debt crisis by use of definition of ARC to in-depth explain this issue. We propose further examination of the ARC relating to the Euro sovereign debt crisis in order to propose a prosperous and harmonious of Euro zone.
Table of Content
Abstract 1 1. Introduction 4 2. Summary 4
2.1 Objectives 4
2.2 Main arguments 4 3. Testing Methods 5
3.1 Methods of research process 5
3.2 Measuring the sentiment 6
3.3 An Eyeball Test 6 4. Conclusion 7 5. Reference 8
1. Introduction
As deterioration of the sovereign debt crisis in the euro zone, it appears more urgent for east European countries to adopt the euro, for another, the euro zone enlargement is facing a series of real challenges both from the economic convergence and the change of the political and policy environment. In recent decades, Most of literatures and business managers always claim that ARC is the most important way in the system of management control, Accountability, representation and control critically examine the role and effects of accounting in organizations and society, the three interlinked conceptual themes: Accountability, representation and control can give us alternative ways of understanding accounting and focus on economy issues. Observers have already drawn attention to the paradox in the study of ARC; particularly the theoretical study could make the problems moving in interesting new directions. It can be concluded that relationships between ARC and the euro debt crisis are closely interlinked.
The cluster of economic problems that emerged from Euro sovereign debt crisis has influenced almost all euro countries in December, 2008, the rise of this crisis in Greece, but this crisis spread sharply to other