Facts: Walmart is a large organization which is known globally. It deals with differentiated
products. As a result of its size, it has several departments and branches. Such a huge company
faces several problems concerning its finances. These problems include the GAAP compliance
which does not follow the accounting principles, inflexibility in accounting section, inaccurate
information, and cost of various projects within the company.
Management Accounting Issue: Internal Control on Accounting for Leases
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