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It is where we work, where we invest our life savings, businesses produce the food we eat. With so much trust placed in the hands of corporate industry, there is a profound obligation of company financial reporting to portray an honest and legal picture of the state of affairs of that entity.
Accounting At Its Most Basic
Accounting is “the process of identifying, measuring, and communicating economic information about an organization for the purpose of making decisions and informed judgments” (Marshall, 2003, p. 2). By its very nature, it depends upon honest, accurate account information...
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