Louisiana State University, Shreveport ACCOUNTING ACCOUNTING 3124 Accounting Ethics What responsibilities and liabilities are…

Louisiana State University, Shreveport ACCOUNTING ACCOUNTING 3124 Accounting Ethics What responsibilities and liabilities are…

  • What responsibilities and liabilities are involved when the accounting function is asked to take action(s) that may be inconsistent with the accounting basis that the company has traditionally used.Does it matter if this is a “one-time” shift, or not?Would it matter if the shift were not disclosed to the company’s lenders or the SEC?

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