Which groups of users of published financial statements take precedence in the development of accounting standards? Why?

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Frank Woods Business Accounting Volume 2

ISBN: 9781292085050

13th Edition

Authors: Frank Wood, Alan Sangster

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Question Posted: Sep 10, 2023 12:25 AM

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Which groups of users of published financial statements take precedence in the development of accounting standards? Why?

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The development of accounting standards considers the needs of various user groups of published financial statements However certain groups of users are given precedence in the process due to their si...View the full answer

Frank Woods Business Accounting Volume 2

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