Search the course background information the internet andor

Assignment Help Accounting Basics

Reference no: EM13600162

There are three main parts to this case that requires you to prepare and submit a three to five page paper. Please make sure this paper is well organized and covers all of the items below.

Part I. Search the course background information, the Internet and/or the Cyber Library. Discuss the terms listed below. Your discussion should expand on the definition as given in the module background. Explain why these concepts are important to financial statements.

Generally Accepted Accounting Principles (US GAAP);
International Accounting Standards (IFRS);
Securities and Exchange Commission (SEC); and
Annual report
10-K
Part II: Explain the accounting equation and prepare a table showing the equation and show a list of accounts belonging to each category in the equation. You should include at least five accounts for each category.

Part III. Comment on the primary intended audience of the financial statements. What other groups that may be interested in the financial information released by the company? Discuss.

Reference no: EM13600162

Questions Cloud

Harris fabrics computes its predetermined overhead rate : harris fabrics computes its predetermined overhead rate annually on the basis of direct labor hours. at the beginning

Compute the ending balance in the work in process : compute the ending balance in the work in process inventory account. assume that this balance consists entirely of

What are the net cash flows from operating activities for : the following information reflects cash flow and other activities of framer company for six months ended june 30th paid

Sawaya co ltd of japan is a manufacturing company whose : sawaya co. ltd. of japan is a manufacturing company whose total factory overhead costs fluctuate considerably from year

Search the course background information the internet andor : there are three main parts to this case that requires you to prepare and submit a three to five page paper. please make

Describe the pros and cons of mail telephone in-depth : describe the pros and cons of mail telephone in-depth interviews and online surveys. which research method do you think

Glen pool club has a 150000 mortgage liability the mortgage : glen pool club has a 150000 mortgage liability. the mortgage is payable in monthly installments of 1543 which include

Jon seceda furnace corp purchased machinery for 315000 on : jon seceda furnace corp. purchased machinery for 315000 on may 1 2007. it is estimated that it will have a useful life

One of the problems we have has been a lack of ethics : one of the problems we have has been a lack of ethics. mortgage backed securities were issued without real mortgages

User Account

All Pages