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Accounting Standards
The paradigm shift in the economic environment during last few years has led to increasing attention being devoted to accounting standards as a means towards ensuring transparent financial reporting through corporate. In additional, cross-border rising of huge amounts of capital has also generated considerable interest in the commonly accepted accounting principles in advanced countries such as USA.
Setting Budget Goals and Objectives: Having collected and analysed all relevant information, and made general forecasts as to the key areas of concern / opportunity and special
APPLICABILIYI OF THE OPERETING CYCLE
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