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Contemporary Issues in Accounting and Finance. - Essay Example
Finance & Accounting
Pages 5 (1255 words)
Contemporary Issues in Accounting and Finance Your instructor Introduction Any Individual or Organization that participates in auditing the financial or legal statements is entitled to freedom. The independent organizations that undertake to offer auditing services of the constitution have an obligation to do it with dignity and without doubt…
They consider all this to create an enabling environment that favors their objectives (Jaiswal, 2013). The Standards of the Auditors Ready Ratios (2013) asserts that in the 21st century the European Union came up with an outline of how the auditors should conduct themselves. The outline consisted of the law that stated and guaranteed matters concerning the freedom of the assessors of the law (Kumar & Sharma, 2006, p.134). This was similar to the laws that govern the accountants. It is said that the accountants were given their laws that govern their operations. They were given by the internal profession of the accountants (Knapp, 2010, p.204). In order to promote the equality in the people and all the other professions the European Union issued a framework that was to govern the legal analyst (auditors) and ensure that they were in line with their operation, expectations and their rights. Even though, this did not concur with some stipulations from the international federation of accountants. ...
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