ACT 560 Mod 5 Disscusion

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cgeprneyr

Business Finance

Colorado State University Global

Question Description

I'm working on a accounting discussion question and need a sample draft to help me learn.

A common ethical failing in cases of fraud occurs when the management of a firm decides to make financial results look the way they want them to look rather than in accordance with GAAP. Conduct some research and provide at least two to three internal and external measures which work to prevent such accounting issues. 

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Outline
A couple of examples of how financial reports can be manipulated are: ...Error! Bookmark
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Ways to prevent financial report manipulation through internal accounting controls: . Error!
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Ways to prevent financial report manipulation through external accounting controls: Error!
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A couple of examples of how financial reports can be manipulated are:


Earnings management or manipulation is one of the most common types of accounting
fraud generally used to present financial reports that are better than what they actually
are. For example, show higher profits or even steady profits. This is the result of the
company’s managers deliberately altering accounts to either...

crffbnwbfrraevdhr (8475)
Duke University

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