How accounting policies affect financial accounting

Reference no: EM132265689

Question: 200 word minimum

This assignment has 3 parts:

1. How do accounting policies and practices affect financial accounting information used for "external" decision making purposes?

2. What governing and oversight bodies exist to help ensure timely and accurate reporting of financial information by publicly traded companies?

3. How do internal controls help ensure that financial results are accurately and fairly presented for use by external users?

Reference no: EM132265689

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