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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)
1.1Explain 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.)
2.2: Explain the uses of published financial information. (Explain how Investors, Regulators, Analysis, and other internal/external stakeholders use them)
2.3: Explain how an organisation uses management accounting practices.

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