Often analysis of financial statements is considered critical in understanding the performance of companies. Giving examples, prepare a report for the newly appointed CEO of Omega Trading, without formal accounting knowledge, critically evaluating the role of ethics and judgement in accounting and financial reporting. In your essay, you should highlight:
-the importance of ethics and judgement
-relevant examples
-potential loss when ethics and judgement are ignored in accounting reports
-refer to 3 key case studies.
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