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Topic: Business
Number of pages / Number of words: 6 / 1652
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The consequence of that would be different results or financial positions each of which would apparently comply with the overriding requirement to show a true and fair view. However the investors might not get the real picture behind the numbers which put them to a disadvantage and they would not be in a position to see through the techniques used by the management to show the results of the company in the most favorable and flattering way...


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However the investors might not get the real picture behind the numbers which put them to a disadvantage and they would not be in a position to see through the techniques used by the management to show the results of the company in the most favorable and flattering way.

That?¦s why a stricter and more elaborative financial reporting is very much essential because it discourages managements intentions and besides that there are a lot many advantages to the investors, analysts and other accounts users and ultimately it also benefits the company itself because it limits the scope of uncertainty and manipulation...


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General points of the essay

Choose A Current International Accounting Standard (Ias) Or International Financial Reporting Standard (Ifrs). Briefly Summarise Its Provisions And Assess Whether The Standard Can Be Considered To Be ‘Principles-Based’ Or ‘Rules-Based’, E... Critically examine why financial liberalisation brought financial crisis in most of the Asian countries but did not bring a crisis in either China or India. Development Of Regulation Of The Financial Reporting Discuss the assertion that the fair presentation requirements of IAS1 will undermine the UK’s view of true and fair. Discussion Of The Role Of A Central Bank And The Regulation Of The Financial Sector In View Of The Consequences Of The “Credit Crunch” In 2007 In The Us And The Uk In Particular. Explain what is meant by the term “financial stability” and discuss the underlying trends that have prompted policymakers to give greater emphasis to financial stability as an economic objective. eBAY INC. ANNOUNCES THIRD QUARTER 2005 FINANCIAL RESULTS Financial Turbulence and its Concussions on financial performances of banks financial reporting How would International Financial Reporting Standards affect the quality of Canadian accounting information? International Financial Reporting Standards International US Financial Reporting Convergence Report Show how a financial intermediary can solve problems that ultimate savers and borrowers cannot easily solve when dealing directly with each other Significance of Financial Reporting How to Comply with Reporting Requirements of ITAR re: Political Contributions

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