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Where Financial Accounting Still Falls Short 1. Are you surprised to learn that financial statement users do not have full confidence in financial statements? Why

Where Financial Accounting Still Falls Short

1. Are you surprised to learn that financial statement users do not have full confidence in financial statements? Why or why not?

2. Concerning Fair Value Accounting (which the article refers to as Problem 5) -

What exactly is fair value accounting? What are the key issues associated with using Fair Value Accounting?

Week #2 Reading - HBR Where Financial Reporting Still Falls Short.docx

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