who prepares manipulation of accounts
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Answer: The given question is about Accountancy.
Manipulation of accounts refers to window-dressing the accounts to display a false report of the company to its users like Investors, customers, etc.
These accounts are usually prepared by the Accountants as the accountant is the person responsible to maintain all accounts in a company.
But in some companies, Financial managers or Accounts managers are appointed to manage the accounts and the accountant prepares the major final reports. In such companies, Financial managers or Accounts managers can also manipulate the accounts.
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Accountants are the proper answer.
Explanation:
- Accounting manipulation is described as when the managers of a corporation intentionally misstate their economic records to favorably constitute the entity's economic performance.
- manipulating bills way bending the guidelines to modify the means of the economic announcement to misinform buyers and different customers of these records so the bills supervisor or the economic supervisor prepares the bills for a specific corporation or country.
- The economic reporting primarily based totally on accounting concepts needs to supply a real and honest view of the enterprise reality.
- But sometimes, the accounting records are dealt with consequently customers' conduct is manipulated.
- Another asset account that could without problems be manipulated is the stock asset account.
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