Abstract
As explained in Chapter 1, a wide range of users of accounting information rely on periodic financial statements to assist them in making a variety of economic decisions. Whilst internal management can have access to all the detailed information contained in the company’s records, the external users have to rely on the abridged, published financial statements prepared on the basis of accepted accounting practice and conforming to the minimum disclosure requirements of the Companies Acts, the Stock Exchange and the recommendations of professional and other quasi-statutory bodies outlined in Chapter 2.
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Notes and References
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© 1981 R. J. Briston, J. R. Davies, P. N. Dean, C. Edwards, S. Ewing, C. S. Greensted, D. Lyall, the estate of C. McGeehan, W. McInnes, A. J. Millar, E. P. Minnis, L. Oakes, R. Perks, C. R. Tomkins
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Briston, R.J. (1981). Introduction to Accounting Theory. In: Introduction to Accountancy and Finance. Palgrave, London. https://doi.org/10.1007/978-1-349-16515-5_3
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DOI: https://doi.org/10.1007/978-1-349-16515-5_3
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