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21 May 2018

Research how FASB and IFRS treat changes in accounting estimates and errors. What do they have in common? What is different? Do not forget to note your source and in-text citation in APA format and include the complete library website or document number

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Beverley Smith
Beverley SmithLv2
22 May 2018

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Using the AICPA Code of Professional Conduct as your reference,what is covered in these standards that relates to the preparationof financial statements? Do you think these standards arecomprehensive or do you think they need updating? Do not forget tonote your source and in-text citation in APA format and include thecomplete library website or document number.

You have just been hired as an accountant for ABC Inc. andnotice several weaknesses in internal control over cash, especiallyin the area of segregation of duties. Your manager says not toworry about the lack of controls all of the employees are veryhonest. How do you think these weaknesses would effect thefinancial statements and what should you do to try and resolve thesituation? Please make sure you note your source in APA format andinclude the complete library website and document number.

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