Assignment: Financial Statements
This assignment has 3 parts:
In today's global marketplace, business is conducted on every continent, in different currencies and in many languages. Even so, it is often said that accounting is the language of business.
1. When there are so many other options, why do you suppose accounting would be considered the language of business?
2. If accounting standards differ by country - and some do - what are your thoughts about how the phrase could still be true?
3. Thinking about your experience as a consumer, share an example of how accounting could be considered a language of business.
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.