ACC 421 Week 1
Discussion Question 1
What are the major objectives of financial reporting? Who are the users of financial reporting? What type of information will each user group need?
Excerpt from file: ACC421Week1 DiscussionQuestion1 Whatarethemajorobjectivesoffinancialreporting?Whoaretheusersoffinancial reporting?Whattypeofinformationwilleachusergroupneed? Response1: Financialreportingestablishesafoundationforfinancialaccountingandreporting.The
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