Finance is the backbone of any company or business. A company's financial position and performance are declared in regular intervals. Usually it's done every year. Some companies may declare every quarter. The declaration is based on the financial statements. This accounting practice is called Financial Reporting. Accuracy of the reports is important here. Sometimes funds which are not meant to use for a particular purchase is used for the same. This is asset misappropriation. Estimate values are faked in some situations. Disclosure concerns, lack of proper command etc are other issues. Details are shown in the presentation. Please see.

Saket Kumar

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