In Topic 4, you will complete your examination of the financial reporting concepts necessary to achieve financial reporting literacy. Recall from Topic 3 that this competency is necessary to being an effective manager of a businessâ€™ marketing, operations or other functions. Your goal in completing Topics 3 and 4 of this course is to build on your foundational accounting skills to acquire this literacy. Recall, too, that financial reporting literacy means that a manager is able to interpretgeneral-purpose financial statements in connection to making business decisions, including those related to a businessâ€™ strategy, operations, investments, and finances. In making such business decisions, managers who have financial reporting literacy understand:
- The limitations on the usefulness of financial statements resulting from trade-offs made necessary by the present accounting model, political influences, and the need for managementâ€™s judgment.
- The importance of earnings quality to the usefulness of financial statements and how earnings management affects this quality.
- The ethical dimensions of financial reporting policies and practices, including managementâ€™s incentives to engage in earnings management.
Do you need a similar assignment done for you from scratch? We have qualified writers to help you. We assure you an A+ quality paper that is free from plagiarism. Order now for an Amazing Discount!
Use Discount Code "Newclient" for a 15% Discount!
NB: We do not resell papers. Upon ordering, we do an original paper exclusively for you.
Save your time - order a paper!
Get your paper written from scratch within the tight deadline. Our service is a reliable solution to all your troubles. Place an order on any task and we will take care of it. You won’t have to worry about the quality and deadlinesOrder Paper Now