ACCOUNTING THEORY AND ISSUE 5 ACCOUNTING THEORY AND ISSUE Kings Own Intsitute Submitted by, Sachin Bhattarai ID- Author Note Introduction 3 Background of the company 3 Accounting Issue 4 Conceptual Framework standards 5 Critical Analysis 6 Share price graph 8 Conclusion 8 References 9 Introduction The issue that has been presented in the question refers to the fact that the corporate organizations have to face accounting issues in the due course of business. Previously Known as Penn West Exploration Ltd, Osbidian