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Case Studies » Featured Case Studies » Case Studies » The Institute of Chartered Accountants in Australia: The role of professional accounting in business - Effective financial reporting

The Institute of Chartered Accountants in Australia: The role of professional accounting in business - Effective financial reporting

Effective financial reporting

Financial reports are used by relevant stakeholders, e.g. owners, managers, investors, or analysts, to find the information they need to understand and manage the business, e.g. some may be used to accompany a tax return, to lodge on a public register such as the stock exchange, for banks, or to help with effective management of the business.

 

 

 

 

 

 

 

 

 

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Learning Area(s):
  • Business Environment | Stakeholders
  • Careers | Choosing a career
  • Ethics and Social Responsibility | Corporate governance
  • Ethics and Social Responsibility | Risk Management
  • Financial Reports and Analysis | Analysis of financial reports and information
  • Financial Reports and Analysis | Ethical/legal accounting
  • Financial Reports and Analysis | Types of financial reports
From: Edition 7

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