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Sometimes, management manipulated the figures proven in monetary studies to indicate a better economic performance. In Some others, tax and regulatory incentives inspired in excess of-leveraging of corporations and conclusions to bear amazing and unjustified risk.[sixty]
The Enron scandal deeply influenced the event of recent official site laws to Enhance the trustworthiness of economic reporting, and enhanced community recognition about the significance of getting accounting criteria that exhibit the economic actuality of businesses plus the objectivity and independence of auditing corporations.
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