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A standard that improves comparability and reduces complexity in how revenue is recognized. Empathy is another important factor in creating the right tone. The testing procedures seek to prove the occurrence and correct recognition of transactions, and prove of existence and misstatements on what the ending balances represent. As the financial backbone of a business, they help people to conceive goals, plan how to achieve them and then take the necessary steps.

Pages: 502

Publisher: Forgotten Books (June 22, 2016)

ISBN: 1332438059

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