1) Identify which of your interests you could shape into a business opportunity. Be sure to think big. For instance, if you love being with friends and listening to music, a club promotion business might make sense for you. Identify and discuss the steps you would need to take over the next few years to make your "dream business" real.
2) With your "dream business" in mind, determine what major obstacles you would face and how those obstacles might be addressed. Provide specific examples.
3) Discuss whether or not you think ethical accounting practices are equally important for both public and private companies.
4) Discuss the importance of having a proper accounting system in place and why it is important to understand financial statements.