ACC-370 Module 7 DQ 1
Intermediate Accounting 1- Long-Term Assets
The accountant uses significant judgment in the valuation of assets. How does the accountant use estimates and judgment in the valuation of property, plant, and equipment? Is it ethical for an accountant to use estimates and varying methodology to achieve desired corporate results? Participate in follow-up discussion by challenging or confirming your classmates' positions. Support your challenges with external references. Your initial post should be 250-500 words and should demonstrate solid academic writing skills.
Excerpt from file: Nowisitethical?WellIwouldsayunethical,companiesputlotofpressureonCEOs,CFOs, officemanagers,andexecutivebookkeeperstomakethemostadvantageousdecisionson assumingandvaryingmethodologytoachievedesiredcorporateresultsonfinancialreporting.
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