Select a company that u can visit in person or interviewon

Assignment Help Accounting Basics

Reference no: EM13611685

Select a company that u can visit in person or interviewon the telephone. Call ahead to the company to arrange a time whenyou can interview an employee (preferably an accountant) who helpsprepare the annual financial statements. Inquire about thefollowing aspects of its accounting cycle:

1) does the company prepare interim financial statement? Whatreporting period is used?

2) Does the company use the cash or accrual basis ofaccounting

3) Does the company use a work sheet in preparing financialstatements? Why or why not?

4) Does the company use a spreadsheet program? If so, whichsoftware program is used?

5) How long does it take after the end of its reporting periodto complete annual statements?

Reference no: EM13611685

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