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Financial Audit and a Well Organized Accounting

  • Starcea Dumitru

    (Constantin Brancusi University of Targu Jiu, Faculty of Economics, Romania)

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    Users of financial data have always spent significant amounts of money for data accuracy, in agreement with the actual operations of the respective entities. A question is naturally born. If both the accounting and the reports are according to generally approved standards, why is there still need for a financial audit meant to certify the accuracy of the data within the balance sheet and financial reports in connection with the entities’ operations.

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    Article provided by Constantin Brancusi University, Faculty of Economics in its journal Constatin Brancusi Univeristy of Targu Jiu Annals - Economy Series.

    Volume (Year): 1 (2009)
    Issue (Month): (May)
    Pages: 309-312

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    Handle: RePEc:cbu:jrnlec:y:2009:v:1:p:309-312
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