The use of estimates is a normal part of the accrual accounting process. Discuss two or three
Fantastic news! We've Found the answer you've been seeking!
Question:
The use of estimates is a normal part of the accrual accounting process. Discuss two or three estimates used by accountants on a regular basis (for example, depreciation). With the core values of responsible stewardship and integrity in mind, discuss how management may misuse these estimates. Why would they do so? Discuss procedures and activities that can be put in place to dissuade management from engaging in such untoward behavior.
Related Book For
South Western Federal Taxation 2016 Corporations Partnerships Estates and Trusts
ISBN: 9781305399884
39th edition
Authors: James Boyd, William Hoffman, Raabe, David Maloney, Young
Posted Date: