ACC 300 WEEK 2 The Role of Accounting

ACC 300 WEEK 2 The Role of Accounting

ACC 300 WEEK 2 The Role of Accounting

Summarize in no more than 700 words the role of accounting in a global business operating environment including the following key elements:

  • Regulatory environment.
  • Compliance with accounting standard (US GAAP or IFRS).
  • Uses for internal and external stakeholders.
  • Limitations of financial reporting.

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ACC 300 WEEK 2 The Role of Accounting