While the precise moment when accounting was first used remains unknown, one can speculate that the emerging need for economic systems necessitated the invention of technologies such as double-entry bookkeeping and the creation of new business models to determine the purpose of accounting at a...

GAAP is a contributing factor to accounting irregularities. A universal tool used by corporate management operating within an accounting system that has been created by accountants to serve the "user needs" of their corporate masters. This paper provides a synthesis of literature that focuses on...

The investment climate in the country depends largely on the level of confidence of potential investors, which actualizes the need to provide transparent and quality financial reporting to economic entities. Powerful corporations that have established an effective corporate governance mechanism...