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  • Play by The Rules: Business Acountants Roles

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    javier apodaca
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    Major accounting teams provide strategic decision-makers with cost data using the same financial figures, though different accounting groups may represent the results differently. While no system prevents attempts to mislead, ethics are important, and most countries now accept international financial reporting standards to balance sheets consistently across firms.

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    playbytherules

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    Major accounting teams provide strategic decision-makers with cost data using the same financial figures, though different accounting groups may represent the results differently. While no system prevents attempts to mislead, ethics are important, and most countries now accept international financial reporting standards to balance sheets consistently across firms.

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    © All Rights Reserved
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    9 views1 page

    Play by The Rules: Business Acountants Roles

    Uploaded by

    javier apodaca
    Major accounting teams provide strategic decision-makers with cost data using the same financial figures, though different accounting groups may represent the results differently. While no system prevents attempts to mislead, ethics are important, and most countries now accept international financial reporting standards to balance sheets consistently across firms.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    of 1

    Record Profits and cash flows

    Different Different
    Business Acountants roles Accounting Figures (Results)
    Provide data About costs
    Teams Uaing the same data
    to mke strategic decisions

    No method can
    Attepmt to manipulate Ethics
    prevent an Major Accounting
    according figures in a are
    attempt by a misconduct
    misleading way important
    director to mislead
    Play by the Rules
    Mark- to market Accounting

    Value Company´s asets


    According to current
    Market Value converinflated
    Balance sheets
    balance sheets Today most contries International finnancial
    of
    around the world reporting standards (IFRS)
    companies
    Coverinflated balance sheets
    Value assets at their cost at USA generally acepted Unique Accounting
    In near future IFRS
    the time of purchase minus according principles (GAAP) system internationally
    Historical cost Accounting depredation that has taken
    place

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