In our continent, with apparent consensus on a European way of conducting economic policy in a consistent and largely cooperative way, and in particular with the creation of the single currency, what future would there be for students of the Irish economy if the object of their analysis was blending into a broader European background as a merely regional economic entity?
The need to provide a true and fair view of ever more complex and sophisticated transactions, to the satisfaction of an ever wider range of stakeholders, has led to rather complex accounting rules nowadays.