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Accounting organizations and their value

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Why are there so many bodies leading the field of accounting?

Do these bodies add value or confuse the issues?

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Solution Summary

A discussion on the number of accounting organizations and if they confuse or add value to the industry.

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The reason for so many bodies is the number of issues that accounting, especially business accounting includes. There are the different types of business (sole proprietorship, corporations, partnerships), variations of these types depending on location, state rules and federal rules plus international rules governing accounting for each. The accounting is done to help ...

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