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Business
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| Number of pages / Number of words: |
2 / 312 |
Essay's paper body
Although all accountants adopt the generally accepted accounting rules, each industry has its own characteristics. This is why analysts need specific knowledge about the industry so as to decide which set of accounting rules to apply to reflect the financial situation of the corporation best.
And in the football industry, perhaps the main characteristics is the fluctuations in revenue and net income due to uncertainties in the industry...
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Although all accountants adopt the generally accepted accounting rules, each industry has its own characteristics. This is why analysts need specific knowledge about the industry so as to decide which set of accounting rules to apply to reflect the financial situation of the corporation best.
And in the football industry, perhaps the main characteristics is the fluctuations in revenue and net income due to uncertainties in the industry...
Essay fragment
General points of the essay
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