The following excerpt was taken from the 2012 Consolidated Financial Statements of Cash Store Financial: Note 3
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1. Why is it important that this type of information be disclosed?
2. Suppose you were the chief financial officer responsible for the financial statements. What ethical issues would you face as you consider what to report in 2012?
3. What are the negative consequences to Cash Store Financial of not telling the truth? What are the negative consequences to Cash Store Financial of telling the truth?
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Related Book For
Horngrens Accounting
ISBN: 978-0133855371
10th Canadian edition Volume 1
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura, Carol A. Meissner, Jo Ann L. Johnston, Peter R. Norwood
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