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Topic - Mercedez Benz / Financial awareness ( with Harvard referencing style ) 1 . 1 Explain how accounting frameworks and regulation influence accounting and
Topic Mercedez Benz Financial awareness with Harvard referencing style
Explain how accounting frameworks and regulation influence accounting and financial arrangements.Can mention how it influences via the internal, external auditors as well. A clean Audit Opinion requires compliance to standards. An accounting framework is a published set of criteria that is used to measure, recognize, present, and disclose the information appearing in an entity's financial statements.An organization's financial statements must have been constructed using a recognized framework, or else auditors will not issue a clean audit opinion for them.
: Explain the uses of published financial information. Explain how Investors, Regulators, Analysis, and other internalexternal stakeholders use them
: Explain how an organisation uses management accounting practices.
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