O'Reilly logo

Pick a Number by Audra Ong, Roger Hussey

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

CHAPTER 1

U.S. Accounting Regulation

About This Chapter

Many people assume that accounting regulations affect only the work of accountants. This is not the case. If we change the way we measure the financial performance of an organization, the impact affects many people.

Managers may find that profit has declined, not because there have been any changes in the organization, but because of the way that accountants measure their activities. Consequently, managers may have to change the way they work to achieve their expected profit. Potential and existing investors and other creditors track the financial performance of companies. If performance changes for the worse, they may decide to reduce their involvement with that company. Employees and ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required