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Essay

Informix Revenue Recognition

Essay specific features

 

Issue:

Business

 

Written by:

Fredrick S

 

Date added:

March 14, 2015

 

Level:

University

 

Grade:

B

 

No of pages / words:

22 / 6025

 

Was viewed:

4935 times

 

Rating of current essay:

 
Essay content:

Entities have a host of reasons for selecting those principles that will paint the rosiest financial picture. Some would argue that the market demands it, as reflected by the stock price punishment for companies that differ by as little as one penny per share from prior estimates. External market pressures to "meet the numbers" conflicts with market pressure for transparency in financial reporting...
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External market pressures to "meet the numbers" conflicts with market pressure for transparency in financial reporting. Most fraudulent financial reporting schemes involve "earnings management" techniques, which inflate earnings, create an improved financial picture, or conversely, mask a deteriorating one...
displayed 300 characters

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