Discussion Thread: Financial Accounting Information
At least 500 words with at least two scholarly citations in APA and sources published within the past 5 years.
Part One:
Discuss how the following market forces influence the supply of financial accounting information:
· Debt and equity financial markets
· Managerial labor markets
· The market for corporate control (for example, mergers, takeovers, etc.)
Part Two:
Financial information and reporting is required to measure the performance of management and the organization. The Bible contains several examples of the importance of financial information.
2 Kings 12:16 states “No accounts were kept with the men to whom the money was paid over to be spent on workmen since they were honest in their dealings.”
For Part Two, read through 2 Kings 12:16 through 22:7 and explain what the scripture states about how financial accounting information also deters fraud. Use specific scripture verses in your post.