To ensure consistency and comparability between

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Responsibility is an important issue: for example, in the UK, auditors have unlimited liability. In the United States, especially in the post-Enron era, there are great concerns about the accuracy of financial statements. The company executives —— CEO and CEO —— are personally responsible for fair financial reports, providing accurate organizational information to those who read the report. Standards and regulations Over time, different countries have developed their own accounting principles, which makes it difficult for companies to compare internationally.


financial statements prepared by different companies, a set of guidelines and advertising phone number data rules was used. These standards are often referred to as generally accepted accounting principles and provide the basis for preparing financial statements, although many companies voluntarily disclose information beyond the scope of such requirements. [6] Recently, the International Accounting Standards Board promoted the standardization of accounting rules. The International Financial Reporting Standards developed by IASB have been adopted by Australia, Canada and the European Union （ only for listed companies ）, and South Africa and other countries are considering adopting it.


The US Financial Accounting Standards Board has promised to gradually realize the convergence of US generally accepted accounting standards and international financial reporting standards. Incorporated into the annual report In order to attract new investors, listed companies collate their financial statements on exquisite paper, and attach pleasant graphs and photos to the annual report submitted to shareholders, trying to pass some kind of “ marketing manual ” to capture the organization's excitement and culture.