Impact of unethical behavior

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[...] Impact of unethical behavior Financial statements Accounting is an information system that identifies, records, and communicates an organization's financial transactions to interested, internal and external users. There are two closely related yet different types of accounting; financial and managerial, each provide information to different user groups. Managerial accounting provides information for internal users, such as marketing managers, finance directors, production supervisors, and company officers and is used in decision-making, planning, and organizing inside the organization. Financial accounting primarily provides information for external users of accounting data outside the organization, such as investors, creditors, tax authorities, regulatory agencies, customers and labor unions. [...]

[...] The cash balance on the balance sheet is shown as the final of the cash column of the summary of transactions on the statement of cash flows (Weygandt, Kieso, Kimmel; 2006). The statement of cash flows is one of the quarterly financial reports any publicly traded company is required to disclose to the Securites Exchange Commission (SEC) and the public. The document provides aggregate data regarding all cash inflows a company receives from both its ongoing operations and external investment sources, as well as all cash outflows that pay for business activities and investments during a given quarter (Investopedia; 2007). [...]