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ACC537 / ACC 537 / Explaining Basic Accounting Concepts and Business Structures

ACC537 / ACC 537 / Explaining Basic Accounting Concepts and Business Structures

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Individual Assignment: Explaining Basic Accounting Concepts and Business Structures



Resources: Intermediate Accounting and Financial Accounting
Write a paper of no more than 700 words that covers the following topics:



o Topic 1: Identify and describe the sources of generally accepted accounting principles. Identify source hierarchy and explain why the hierarchy is important.

o Topic 2: Describe what good accounting information is using the qualities of accounting information from your readings this week.

o Topic 3: Describe how an accrual based accounting system is different from a cash basis of accounting.

o Topic 4: Describe the types of business structures and the defining features of each structure.
Individual Assignment: Explaining Basic Accounting Concepts and Business Structures



Resources: Intermediate Accounting and Financial Accounting
Write a paper of no more than 700 words that covers the following topics:



o Topic 1: Identify and describe the sources of generally accepted accounting principles. Identify source hierarchy and explain why the hierarchy is important.

o Topic 2: Describe what good accounting information is using the qualities of accounting information from your readings this week.

o Topic 3: Describe how an accrual based accounting system is different from a cash basis of accounting.

o Topic 4: Describe the types of business structures and the defining features of each structure.

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Published by: Number1Tutor on Mar 08, 2013
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