What are the pros and cons of the differences in the formal aspects of presenting the financial
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Question:
What are the pros and cons of the differences in the formal aspects of presenting the financial statements:
Example of Apple's financial statements and Facebook's financial statements
Why do we find differences in the way financial statements are presented? What is the reason for that? What are the pros and cons of this difference for the reader?
Expert Answer:
Differences in Presenting Financial Statements Pros Cons and Reasons While financial statements adhere to specific accounting standards companies have some flexibility in their presentation This flexi... View the full answer
Related Book For 
Auditing Cases An Interactive Learning Approach
ISBN: 9780134421827
7th Edition
Authors: Mark S Beasley, Frank A. Buckless, Steven M. Glover, Douglas F Prawitt
Posted Date:
