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Accounting Theory

The purpose of this paper is to identify the objectives of financial reporting, the organizations and responsibilities of the standards setting process, and the authoritative sources of accounting information. My part of the paper i need to talk about Ethics in Financial Reporting and I have to identify at least three ethical roles in financial reporting. Evaluate the limitations and ramifications on the present state of ethics in financial reporting.

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The purpose of this paper is to identify the objectives of financial reporting, the organizations and responsibilities of the standards setting process, and the authoritative sources of accounting information. My part of the paper i need to talk about Ethics in Financial Reporting and I have to identify at least three ethical roles in financial reporting. Evaluate the limitations and ramifications on the present state of ethics in financial reporting. Can you help me out.?

There is an important ethical role in financial reporting. The financial reporting must pursue quality, should be held answerable, should be done in accordance to the rules of responsible citizenship, must have respect ...

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