Financial Statements

pecuniary Terminology Paper By: Michelle Izu-George Instructor: Chanadra YoungWhiting imposing 7, 2012 Kaplan University financial estimable motive and its Application to Healthc ar finance Ethics is the study and execute of appropriate behavior, regardless of the behaviors legality. certain(prenominal) industries have professional organizations orbit and promoting certain ethical standards. For example, an comptroller may be inevitable to refrain from engaging in  in-your-face accountancy, plane when a particular type of aggressive report is non illegal. professional organizations may censure or revoke the licenses of those professionals who ar ground to have violated the ethical standards of their fields (Ethics, (n.d.) Financial Glossary, 2011). In  investing, ethics helps avow the investment funds decision of some someones and companies. For example, an individual may have a moral objection to dope and therefore refrain from investing in tobacco companies. Ethics may be twain positive and negative in investing; that is, it may inform where an individual makes investments (e.g. in environmentally friendly companies) and where he/she does not (e.g. in arms manufacturers). few mutual funds and even whole subdivisions are consecrated to promoting ethical investing (Ethics, (n.d.) Financial Glossary, 2011).

Some managers have been cognize to apply particular accounting methods to show little debt on the balance sheet. Off-balance sheet backing allows companies to hide expenses by set them into joint ventures, research projects or purchasing equipment through direct leases rather than reporting the practiced ownership. In orde r to render the reliability of debt structu! re, users of financial dictations should in any case consider the influence of top out managers over accounting policies. The only way a society can notice and report earnings on a financial statement is when most of the job is complete, the costs are known and its clients are ready to pay their bills (Ethics, (n.d.)...If you want to deject a honest essay, order it on our website: OrderEssay.net

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