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Essay

Accounting Scandal

Essay specific features

 

Issue:

Business

 

Written by:

Ernie G

 

Date added:

August 18, 2012

 

Level:

 

Grade:

B

 

No of pages / words:

12 / 3117

 

Was viewed:

6908 times

 

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Essay content:

Large scale production has depended on the growth of capital markets. Hence, although other purposes remain important, the modern focus of accounting has come to be to serve the capital markets, to make those markets work efficiently. This process is not finished in any country of the world, much less internationally...
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People who provide capital do so for a return and they wish to have reports of performance to help them decide how much to invest in particular businesses and on what terms. They wish performance to be reported in a manner which helps them to assess future prospects. Investors generally dislike risk...
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