What are the company financial strengths and weaknesses

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Question - Provide an overview of the company's accounting system. What basis of accounting is used? Why?

What strategies is the business using to ensure responsible accounting practices? Why have these strategies been selected?

Describe the steps in the accounting cycle.

Define internal controls and discuss 1-2 controls and how they are relevant to the Peyton company

Analyze the results of operations based on the financial statements. What do these results tell a business? e) What do the statements themselves tell about the strengths and weaknesses of the company's financial position?

Discuss the changes in operations that might need to be made to make the company more profitable. Justify why each change may be necessary.

What are the company's financial strengths and weaknesses? What specific changes can be made to alleviate the weaknesses?

What opportunities can the company explore because of its strengths? How would these be beneficial?

Reference no: EM132782137

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