As noted in the ethics perspective at the end of this chapter, firms routinely maintain separate sets
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As noted in the ethics perspective at the end of this chapter, firms routinely maintain separate sets of books for their financial reporting and their tax reporting. Can you think of any reason why a firm would be justified in keeping a third, internal set of books? Do you feel that it is ethically acceptable to not fully disclose to shareholders how a company’s internal books differ from those used for external reporting purposes?
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Kirti Kaushal
Having experience of more than 10 years is good enough to coach my students. Currently, I am working as an active supervisor of ACCA students. In my career, I helped students in financial accounting, management accounting, cost accounting, financial reporting, taxation, and audit. I also helped students publish their articles or papers in good journals. I also helped students with thesis and objective writing.
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Related Book For 
Financial Accounting For Executives And MBAs
ISBN: 9781618531988
4th Edition
Authors: Wallace, Simko, Ferris
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