30 SECOND GUIDE: The Financial Reporting Council
thisismoney.co.uk
30 SECOND GUIDE: The Financial Reporting Council
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Credible financial reporting is a matter of public confidence, yet in many cases, it has failed to meet expectations, especially in recent times. Debates and discussions have taken centre stage, with arguments and counterarguments being fervently exchanged. Let us revisit the fundamentals. Financial reporting has gained significance, especially when management, owners, and other stakeholders are distinct entities. To standardise the reporting framework, standards such as International Financial
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