Need an research paper on secret reserve accounting is likely to create conflict between management, shareholders and employees. Needs to be 16 pages. Please no plagiarism.

Need an research paper on secret reserve accounting is likely to create conflict between management, shareholders and employees. Needs to be 16 pages. Please no plagiarism. It would represent the surplus of available assets over the capital and liabilities. It is not apparent in the ledger too. Creating secret reserves is likely to strengthen the financial situation of the organisation concerned. The actual financial position and the financial position observed through the balance sheet would be different – the financial position of the company would be stronger than its apparent situation on records. As a result, conflicting inferences are likely to be obtained when it comes to secret reserve accounting. Creating secret reserves will definitely involve the management, some of the employees and the shareholders are likely to remain in dark. Secret reserve accounting will not show even under the suspense account and affect the capital flow in a concealed fashion. Undervaluation of available assets, omitting the rise in asset values, providing extra depreciation on the assets that are fixed, etc. are the methods of secret reserve accounting. In this context, the question is in the form of the following statement: Secret reserve accounting is likely to create conflict between management, shareholders and employees. – Critically discuss.

Don't hesitate - Save time and Excel

Are you overwhelmed by an intense schedule and facing difficulties completing this assignment? We at GrandHomework know how to assist students in the most effective and cheap way possible. To be sure of this, place an order and enjoy the best grades that you deserve!

Post Homework
Top