This preview shows page 1. Sign up to view the full content.
Unformatted text preview: accurately reflect business transactions. Legislation would also require organizations and individuals to develop and maintain and internal control system to ensure that transactions are recorded in accordance with rules and regulations. Other tactics that legislation could enforce would be ethical training for employees and management and enforcing harsher penalties and punishment for wrongdoings....
View Full Document
This note was uploaded on 07/15/2011 for the course ACC 541 taught by Professor Chrismoody during the Spring '11 term at University of Phoenix.
- Spring '11