Organize the fundamentals of financial accounting principles.


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Instructional Objectives for this activity:
Organize the fundamentals of financial accounting principles.
We have all heard many news stories about earnings manipulations by companies to try and make themselves “look better” or to meet analysts’ forecasts so that stock prices do not drop. However, what many people do not know is that managing earnings is a necessary component of accounting. This is not to be confused with earnings manipulation as that is a completely different thing and usually involves some form of fraud. Managing earnings can be as simple as determining the percentage of receivables to write off, and is required by GAAP.
Textbook Link:
http://www.coursesmart.com/SR/6697884/9991118582558/19?__hdv=6.8
Read ID3-10 located on page 103 of your textbook.
Completely and thoroughly address all requirements of the questions.
Your assignment should be 4 page(s) in length.
Three to five peer-reviewed journal articles are required. Reference all sources using APA format.



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