Explain basic terminology of the accounting process

Assignment Help Financial Accounting
Reference no: EM13144603

You have been asked to speak at a career fair for high school students in your home town.

Specifically, you are making a presentation about your role as an accountant.

Describe for the students the primary objectives of accounting.

Explain the basic terminology of the accounting process or financial reporting.

Explain how accounting has affected your personal life emphasizing professional ethics.

Explain the role that technology has played in small business accounting.

Reference no: EM13144603

Questions Cloud

What is cost of abnormal loss : If the costs per equivalent unit are $2.50 and $4.50 for direct material and conversion, respectively, what is the cost of ending inventory? What is the cost of abnormal loss? How is this cost treated in May
Ideological and social climate : What does the Dreyfus Affair reveal about the ideological and social climate of the late 19th   –   early 20th century?
Produce a brief outline for such a project : Your superb PhD project has earned you a post-doctoral position in a top lab developing puffer fish as a system for studying gene organization. Your goal is to find a puffer fish homologue of a human oncogene (a gene that causes cancer).
Amount of net sales from the transactions : Gold Co. sold merchandise to Bronze Co. on account, $25,000, terms 2/15, net 45. The cost of the merchandise sold is $18,500. Gold Co. issued a credit memorandum for $2,500 for merchandise returned that originally cost $1,900. Bronze Co. paid the ..
Explain basic terminology of the accounting process : Describe for the students the primary objectives of accounting. Explain basic terminology of the accounting process or financial reporting.
Describe what are the molecular and mass densities : Consider H2, D2, and H20, treated as ideal gases at pressures of 1 atm and temperatures of 293.2 K.
Macro-trend analysis : Identify a product offered within an industry. Using the Macro-trend analysis from the readings, identify, discuss and analyze the macro-trends that may impact the industry over the next five years.
What are 3 structural adaptations of an octopus : What are 3 structural adaptations of an octopus and what are 3 behavioral adaptations of an octopus?
What is the half life of the phosphours 32 : After 42 days a 2.0 g sample of phosphorus 32 contain only 0.25 g of the isotopt. what is the half life of the phosphours 32 ?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd