Financial reporting, Financial Accounting

Describe Following questions:-

Q.1 What organizations are responsible for governing financial reporting? What is the role of each organization? How have the roles changed in the last 20 years? How might their roles change in the next 20 years? (200-300 words needed)

Q.2 Describe three issues/problems that a company could encounter when trying to determine the actual cost of a good or service to be used in the cost of goods sold.
For each of your issues, provide an example of a company or industry where these issues could be present.

Posted Date: 2/18/2014 3:09:45 AM | Location : United States







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