Assignment
1. What is due process?
2. Discuss the objectives of Financial reporting.
3. How is financial information communicated to stakeholders?
4. What is GAAP? Discuss!
5. Discuss the fundamental qualities of accounting information in your own words.
6. Explain the enhancing qualities of financial accounting.
7. What are the basic elements? define each.
8. What are the Basic Assumptions in accounting. explain!
9. Discuss the basic principles of accounting
10. Explain double entry accounting.
11. What are the steps in the accounting cycle?
12. What is an accounting information system?
13. Explain the difference between Accrual and Cash Basis of accounting.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.