accounting principles and ethics

Essay specific features

 

Issue:

Business

 

Written by:

Adam J

 

Date added:

November 23, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 493

 

Was viewed:

9325 times

 

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Essay content:

A health care organization also needs consistency and organization in financial management. Proper financial management shows strength in the organization and gives patients more faith. In order to have proper financial management, organization, and consistency, many health care organizations use the Generally Accepted Accounting Principles, corporate compliance, and the value of ethics...
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These principles are set by the Financial Accounting Standards Board. They are used to normalize financial accounting of public companies. These principles are vital for several reasons. They are important to companies and for "those whose stock trades on the stock exchanges" (Raithel, 2005). These standards let investors know of the financial state of the company...
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