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| Topic: |
Business
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| Number of pages / Number of words: |
6 / 1430 |
Essay's paper body
Rather, companies have been dealing with regulatory compliance issues. This would require heightened involvement by the SEC, the Public Company Accounting Oversight Board, and potentially courts. It is extremely important that companies create well-drafted contracts that outline roles and responsibilities...
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It is extremely important that companies create well-drafted contracts that outline roles and responsibilities. IT professionals who are affiliated with the accounting practices need to understand the business concepts and be cautious of giving advice. In return, accounting firms with technology practices are taking a great cautious approach...
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General points of the essay
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Provide an example of an accounting estimate and explain how a change in your estimate could occur. What action does IAS 8 require when such a change occurs?
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