Describe the role of financial accounting

Assignment Help Accounting Basics
Reference no: EM131540087

Assignment: Assignment Instructions

Write a 1,000 - 1,250 word paperon the following topic:

1. Describe the role of financial accounting in contemporary business. Provide one specific, real-life example of how financial accounting helps external stakeholders make informed decisions. Also, describe the role Generally Accepted Accounting Principles (GAAP) and the Financial Accounting Standards Board (FASB) plays in financial reporting in the United States.

2. Your paper must be formatted according to APA 6th edition guidelines, and you need to use at least three external references.

Reference no: EM131540087

Questions Cloud

Systems implementation and integration : Training materials are essential to the successful implementation of most projects. Let's discuss how you would approach the creation of training materials.
Which of the given is an objective of a systems survey : Which of the given is an objective of a systems survey? Which of these is not a logical procedure that is followed in systems analysis phase of a systems study?
Create an outline containing the framework : In a one- to two-page paper (excluding title and reference pages), create an outline containing the framework for the topic chosen for your Final Research Paper
Systems implementation and integration : Design documents are absolutely critical to communicate the project's design. In this chapter you learned about the user interface design.
Describe the role of financial accounting : Describe the role of financial accounting in contemporary business. Provide one specific, real-life example of how financial accounting helps external.
Game a fair mechanism for allocating : Find all the pure-strategy Nash Equilibria in this game. Is this a game a fair mechanism for allocating this cookie? Explain why.
A firm net cash flow is calculated : A firm's net cash flow is calculated
Will shareholders be willing to accept this project : Will shareholders be willing to accept this project? Why or why not?
What is net present value using these alternative estimates : Calculate the net present value of the project. What is the net present value using these alternative estimates?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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