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Essay

accounting

Essay specific features

 

Issue:

English

 

Written by:

Kristen P

 

Date added:

July 19, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

8 / 2168

 

Was viewed:

9186 times

 

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Essay content:

Reporting which has bowed to the pressures and tricks of earnings management. Levitt specifically addresses five of the most popular tricks used by firms to smooth earnings. Secondly, Levitt outlines an eight part action plan to recover the integrity of financial reporting in the U.S. market place. What are the basic objectives of financial reporting? Generally accepted accounting principles provide information that identifies, measures, and communicates financial information about economic entities to reasonably knowledgeable users...
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market place. What are the basic objectives of financial reporting? Generally accepted accounting principles provide information that identifies, measures, and communicates financial information about economic entities to reasonably knowledgeable users. Information that is a source of decision making for a wide array of users, most importantly, by investors and creditors...
displayed 300 characters

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