Regulating Financial Accounting and Reporting Term Paper by Top Papers

Regulating Financial Accounting and Reporting
An exploration of financial accounting regulation.
# 140362 | 1,250 words | 9 sources | 2008 | US
Published on Dec 01, 2008 in Accounting (Financial) , Accounting (Fraud)


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Description:

The paper relates that the regulation of financial accounting has been a hot topic for years and much of the interest in this subject is a direct result of scandals involving unethical accounting and reporting practices by corporate giants like Enron and WorldCom (Unerman & Dwyer 2004, p. 972). In light of these recent events and occurrences, the current research provides an introductory discussion of financial accounting regulation as well as explanation concerning the need and importance of such regulation. Special consideration and emphasis is placed on reporting.

From the Paper:

"The regulation of financial accounting has been a hot topic for years. Much of the interest in this subject is a direct result of scandals involving unethical accounting and reporting practices by corporate giants like Enron and WorldCom (Unerman & Dwyer 2004, p. 972). These scandals, of course, cost investors billions of dollars and shook public confidence all around the world. In the aftermath of these scandals legislators went to work vigorously to patch up holes in existing accounting practices and standards. In light of these recent events and occurrences, the current..."

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APA Format

Regulating Financial Accounting and Reporting (2008, December 01) Retrieved February 07, 2023, from https://www.academon.com/term-paper/regulating-financial-accounting-and-reporting-140362/

MLA Format

"Regulating Financial Accounting and Reporting" 01 December 2008. Web. 07 February. 2023. <https://www.academon.com/term-paper/regulating-financial-accounting-and-reporting-140362/>

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