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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 949 |
Essay's paper body
This report is a more of a neutral financial accounting report and is put together to benefit people outside of the company. This means they are not prepared especially for owners, or creditors, or any other particular user group. Instead, they are intended to be equally useful for all user groups. Attempts are made to keep the reports free from bias (neutral) reporting true and correct information (principles of accounting)...
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Instead, they are intended to be equally useful for all user groups. Attempts are made to keep the reports free from bias (neutral) reporting true and correct information (principles of accounting).
Within the U.S. a private sector oversees the primary responsibilities for developing the policies for the financial accountants which is called the Financial Accounting Standards Board (FASB)...
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