Briefly define the role of accounting

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Reference no: EM132654447

Assignment Requirements: Please note that you will need to address these questions in a way that is specific, appropriate, and directly relevant to the business chosen.

Question 1. The assignment requires you to form a business and to make a brief introduction about it (name, services or products, legal form, merchandising or manufacturing, retail or wholesale, size, industry, etc...)

Question 2. In deciding on the legal form for your business, discuss the reasons for your choice.

Question 3. Discuss the different financing options to set up your business and the reasons for your choice (s).

Question 4. Briefly define the role of accounting as it relates to your business (your answer should include accounting information, users of information, accounting process, financial accounting and management accounting, etc...)

Question 5. Discuss whether financial statement analysis would be useful for the management of the business (include in your answer the types of analysis that can be used and how they are useful).

Reference no: EM132654447

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