Why does the FASBs reporting entity project logically precede any conclusion regarding consolidated financial reporting?

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Why does the FASB’s reporting entity project logically precede any conclusion regarding consolidated financial reporting?

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Accounting Theory Conceptual Issues in a Political and Economic Environment

ISBN: 978-1412991698

8th edition

Authors: Harry Wolk, James Dodd, John Rozycki

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Question Posted: Feb 12, 2016 06:32 AM

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Why does the FASBs reporting entity project logically precede any conclusion regarding consolidated financial reporting?

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An entity for financial reporting purposes should not be limited to legal entitie...View the full answer

Accounting Theory Conceptual Issues in a Political and Economic Environment

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