7.1 Forum
Principles of accounting and fraud
instructions
Argued briefly about the following:
• The commercial damage as a result of financial fraud, directly impact the operations of every business. Under this premise:
– What might be, in your opinion, some of the commercial damages resulting from financial fraud?
– What methods can be used to assess the damage caused by financial fraud?
– How accounting principles generally accepted, they help prevent fraud in the financial statements?
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