Are there possible conflicts of interests between the various users of financial information? If your answer is

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Are there possible conflicts of interests between the various users of financial information? If your answer is yes, please provide some illustrations; if your answer is no, explain why.

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Financial Accounting and Reporting a Global Perspective

ISBN: 978-1408076866

4th edition

Authors: Michel Lebas, Herve Stolowy, Yuan Ding

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Question Posted: Feb 12, 2016 06:35 AM

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Are there possible conflicts of interests between the various users of financial information? If your answer is

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Yes users have different interests For example The management team or the owners of a company may want to minimize profit in order to pay the lowest possible tax amount and thus reduce the drain on th...View the full answer

Financial Accounting and Reporting a Global Perspective

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