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Annual reports are public and accessible to anyone, including competitors. Evaluate the effectiveness of annual reports in fulfilling the information needs of the following current and potential users: shareholders, creditors, employees, cinancial analystsį. ![]() Discuss at least two advantages and two disadvantages of stating well-defined corporate strategies in the annual report.Į. Select two types of information found in an annual report, other than the financial statements and accompanying footnotes, and describe how they are helpful to the users of annual reports.ĭ. Discuss the communication problems a corporation faces in preparing the annual report that result from the diversity of the users being addressed.Ĭ. Identify and discuss the basic factors of communication that must be considered in the presentation of the annual report.ī. Write a two-page report describing what you think the nature of the accounting function and the accounting information system in a large company will be like in the year 2020.Ī. Under what circumstances and to whom is it appropriate for a company to distribute information it collects about the people who visit its Web site?ġ.1 Information technology is continually changing the nature of accounting and the role of accountants. #POINT OF SALES SYSTEM TWO DEPARTMENTS FLOWCHART SOFTWARE#Should companies use software to electronically “shred” all traces of e-mail? To what extent should management monitor employee performance by, for example, using software to track keystrokes per hour or some other unit of time? If such information is collected, how should it be used?
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