Full Disclosure

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Title: Full Disclosure

Essay Details:

Subject: Miscellaneous

Author: Helen F

Date: February 5, 2014

Level: University

Grade: A

Length: 2 / 543

Essay text:

This principle applies to everyone involved in the financial aspects of a company, including accountants, manager, and executives. When management knowingly leaves out key bits of information on the financial statements, they are intentionally misleading potential investors and creditors. The opposite of not disclosing pertinent information is including too much information. This tactic may be used in order to disclose facts about a company’s financial distress with so many other facts of the company doing well, that the reader may not fully absorb, or understand, what they are reading. Therefore, the less than desirable facts may be overlooked, or completely left out and go unnoticed until it is too late...

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