Discussion about legal compliance in financial reporting


Problem: Identify and explain a task you have completed (which is part of your work role) where you have recognized, understood, and adhered to legislative and organisational requirements.

(To meet legal compliance in financial reporting, you could refer to the task of checking the accuracy of your daily sales including those transactions that are not recorded by the POS so that sales and profits are not under-reported.

Or, if credit sales for corporate customers are recorded in the correct of month of service provision in the Profit and Loss Statement while credit sales repayment should be recorded in the following month in the Cash Flow Statement based on 30 days repayment term. Conduct research to explain the answer clearly)

Request for Solution File

Ask an Expert for Answer!!
Other Management: Discussion about legal compliance in financial reporting
Reference No:- TGS03245045

Expected delivery within 24 Hours