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Essay

Today's Accounting Practices

Essay specific features

 

Issue:

Business

 

Written by:

Anonymous

 

Date added:

January 1, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

7 / 1866

 

Was viewed:

4597 times

 

Rating of current essay:

 
Essay content:

Everyone is seeking the win. Auditors are being accused of being out to lunch, with the clients. Many accounting firms are coming under scrutiny as some of their clients are being investigated by the SEC for irregularities in their practice of accounting. Cendant and Sunbeam both left accounting giant Arthur Anderson holding a big ol'bag full of unreported accounting irregularities...
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Auditors from BDO Seidman addressed issues of GAAP with Thing New Ideas company. The Changes were made and BDO was replace for no specific reason. Herb Greenberg calls the episode, A reminder that the company being audited also pays the auditors' bill. The Kind of conflict of interests that leads us to question the idea of how independent the auditors are...
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General issues of this essay:
Arthur Andersen: Questionable Accounting Practices accounting principles and ethics Disclosure and Accounting Practices in the Municipal Securities Market discuss the role of the financial accounting and managerial accounting functions in organizations General Accepted Accounting Principles Generally Accepted Accounting Principles Lean Accounting and the Basics of Accounting Managerial Accounting Vs Financial Accounting Managerial accounting vs Financial accounting Principles-Based Accounting And Rules-Based Accounting The Differences Between Financial Accounting And Management Accounting Today's Accounting Practices JDS Uniphase Accounting Practices Advantages and Disadvantages of Principles-Based Accounting Creative Accounting
 

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