If the company is fully committed to the accounting standards does not manipulate. Is net income at the end of the year real or not? If not true why?

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Calculate the Amount of Net Income or Net Loss for the followings :
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IMRAN ALI MOHAMMED
26-March-2015

Question added by Rashad Moursi , Finance Director & Business Development, International Business Transformer Owners Repr. - Hotels , Investment and financial
Date Posted: 2014/05/27

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2 Answers

by kamran khalid , Accountant , Callguard Security Services

Real

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by Sikandar Hayat , Accountant General , Dubauild Contracting LLC

Because the International standard correctly and consistantly applied so manipulation chances is in traces.

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If the company is fully committed to the accounting standards does not manipulate. Is net income at the end of the year real or not? If not true why?

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