You have been hired by a very reputable accounting firm


Finacial reporting.

Questions:

Instructions are as followed:

"You have been hired by a very reputable accounting firm. Your boss has asked you to explain your view of accounting codification because you will need to apply the accounting standards in your role as a staff accountant.

What are you going to say to your boss?

Why would your boss be concerned about this issue? Explain.

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Financial Accounting: You have been hired by a very reputable accounting firm
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