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Financial forecasts in the annual reports

Questio: Forecasts

Recent proposals by investors and others have suggested that corporations include financial forecasts in their annual reports. It further has been suggested that the CPA attest to those forecasts.

Instructions:

(a) What arguments are advanced to support the publication of such forecasts?

(b) What arguments are advanced that oppose the publication of such forecasts?

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Accounting Basics: Financial forecasts in the annual reports

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Accounting Basics: Financial forecasts in the annual reports

Reference No:- TGS01932742

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