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ACCOUNTING INFORMATION AND ITS ROLE IN THE MANAGEMENT OF BUSINESS ORGANIZATION

CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Listed companies use financial statements as one of the major media of communication with their stakeholders. Therefore, stock market regulators and accounting standards setters try to improve the quality of financial statements in order to increase the transparency level in financial reporting. (Vishnani 2008). Accounting plays a significant role in the concept of generating and communicating the wealth of companies. Financial statements ...

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