corporate & accounting responsabilities

1 Explain how information can reduce risk when making a decision. 2 Explain why accurate accounting information and audited financial statements are important. 3 Read and explain a balance sheet, income statement, and statement of cash flows. 4 Summarize how stakeholders evaluate the financial health of a business. 5 Understand what is meant by business social responsibility. 6 Discuss the factors that affect the level of ethical behavior in organizations. 7 Explain how ethical decision making can be encouraged. 8 Identify the steps a business must take to implement a program of social responsibility