Business, Management and Accounting
8 years ago

Flexible Accounting Policies Impact Financial Statements' Accuracy and Transparency

1 view
Annals of University of Craiova - Economic Sciences Series
Accounting Policies And Options Regarding Tangible Assets' Evaluations
Mihaela Popa

Paper Summary

Accounting policies are rules and practices that companies use to show their financial health. Companies have choices in how they evaluate their assets. These choices are important for making sure financial statements are accurate. The way a company chooses to evaluate its assets can affect how well it looks like it's doing financially.

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