accounting

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ESSAY DETAILS Words: 2790
Pages: 10
(approximately 235 words/page)

Essay Database > Literature > English
Internal accounting controls and fraud prevention are receiving increasing attention from businesses, nonprofit organizations and governmental entities. Accounting is sometimes thought of as a mundane activity, taking a back seat to marketing and management endeavors that are thought of as being more creative. However, management of every enterprise with financial transactions or matters is dependent on reliable and timely accounting and financial information for decision-making purposes. No enterprise can exist for long without appropriate internal …

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…the internal control satisfies the provisions of the Foreign Corrupt Practices Act. m. The enterprise employs an in-house public relations person who is the only designate responsible for public disclosures, except in special or limited circumstances. Further, each time the enterprise makes a statement of opinion interpreting or estimating its existing or expected future financial situation, that statement first must be evaluated and approved by designated, competent, and knowledgeable personnel or professional advisors. ------------------------------------------------------------------------ **Bibliography**