there are many ways of cheating and violating business ethics in accounting..you may know about LIFO FIFO principles which does make a difference and they have conversion factors to compare them with each other..
journal entries meant to self correct but you may add as much and would still add up!
notes added to annual reports make huge difference to stockholders...
World is really not in safe hands (accountant's hands)
zhy..
there are many ways of cheating and violating business ethics in accounting..you may know about LIFO FIFO principles which does make a difference and they have conversion factors to compare them with each other..
journal entries meant to self correct but you may add as much and would still add up!
notes added to annual reports make huge difference to stockholders...
World is really not in safe hands (accountant's hands)
lol
stay vigilant!