Assignment
Ch. 1: Introduction to Financial Statements
1. After reading about financial statements, why are financial statements important to internal users such as employees, managers, and directors?
2. Identify the forms of business organization and the uses of accounting information.
3. Discuss ETHICS IN FINANCIAL REPORTING
4. Explain the three principal types of business activity.
Ch. 2: A Further Look at Financial
5. Discuss at least two of these accounting assumptions, and explain the impact these key accounting assumptions have on financial statement reporting.
6. What are the key accounting assumptions identified in this chapter?
7. What impact do these key accounting assumptions have on financial statement reporting?
8. Identify the sections of a classified balance sheet and describe why they are important
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 include 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.