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Essay

managerial and financial accounting

Essay specific features

 

Issue:

Business

 

Written by:

Manuel S

 

Date added:

January 20, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1183

 

Was viewed:

1032 times

 

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Essay content:

Members of the board and the existing corporate governance structure are significant signals of the potential for earnings manipulation and opportunistic behavior. Accounting problems at Enron, WorldCom, and other companies have raised important questions about the audits of corporate financial statements...
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Independent accountants, who were certified public accountants, performed these audits. While auditors are regulated by both governmental agencies and professional organizations, many question whether this oversight has been adequate. (Lyke, 2003) Thanks to beefed-up regulations the current governance structure is more likely to limit further abuses...
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General issues of this essay:
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