The FASB has identified several objectives of financial reporting. These objectives proceed from the more...

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Accounting

The FASB has identified several objectives of financial reporting. These objectives proceed from the more general to the more specific and are intended to act as guidelines for providing accounting information in financial reports.

Required: Starting with the most general objective, prepare a written report that identifies and briefly explains the objectives of financial reporting.

Your initial post should be at least 300 words.

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