Explain the reasoning for the issues of financial reporting

Reference no: EM132060483

Question: Provide a substantial response of 300 words (100 for each) for the following topic question components with NO Plagiarism, so if used, please provide references.

Topic: Explain the reasoning for the issues of Financial Reporting or Financial Statement Analysis

a) Persons are not always remained focused on the reporting of financial statements due work-load and time constraints

b) Reporting elements may vary from period to period.

c) Current principles of reporting and current buying prices; Inflation effect; Discounting factors etc.

Reference no: EM132060483

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