accountant's responsibility Definition | Business Dictionaries from AllBusiness.com
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Business Definition for: accountant's responsibility
accountant's responsibility

ethical obligation to those relying upon the accountant's professional work. The accountant has a duty to management, investors, creditors, and regulatory bodies to exercise due care in performing the accounting and attest function . The accountant must follow with competence the promulgations of the accounting principles board (APB) and Financial Accounting Standards Board (FASB) , among others.

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