OMM 622 OMM622 Week 5 DQ 2 Conflicts With GAAP (Ashford)

OMM 622 OMM622 Week 5 DQ 2 Conflicts With GAAP (Ashford)

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OMM 622 Week 5 Discussion 2 Conflicts With GAAP

Conflicts with GAAP. Even though firms follow the accounting rules (GAAP) when presenting their financial statements, it is still possible for conflicts of interest to exist between what management wants investors and creditors to see and the economic reality of transactions. Explain how this can occur.

Respond to at least two of your classmates’ posts. 


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