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DK Essential Managers: Understanding Accounts by Stephen Brookson

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Examining Regulations and Practice

The preparation of financial statements is governed both by strict legal requirements and by guidelines created by the accounting profession. Understand the principles and the influences that have shaped the way in which accounts are prepared.

DK Understand the impact of the law and the accounting profession.
DK Accept that minimal information is usually disclosed.
DK Keep up to date with accounting methods.

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