Instructions:
Please complete the following steps for your discussion post and response.
Evaluating the financial health of a firm is critical not only for management’s understanding of the business but also for outside investors and creditors. Evaluating a company has a specific set of criteria and processes from both an accounting and a financial standpoint. This week we will discuss the reasons behind these consistent procedures and why they have been implemented.
Considering this please address the following prompts in your discussion:
Why is it necessary to have a consistent method of financial analysis?
Is it unethical to deviate from industry standards when analysis is concerned?
Please be sure to validate your opinions and ideas with citations and references in APA format.
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