Accounting Is Everywhere!
Response to the following question:
Financial accounting information is frequently used in newspaper and magazine articles to provide background data on companies. Prepare a one-page report on the use of financial accounting data by the press. Proceed as follows:
1. Scan the articles in a recent copy of one of the popular business periodicals (such as The Wall Street Journal, Forbes, Fortune, or Business Week) for examples of the use of financial accounting data.
2. Identify and describe three interesting examples:
• Detail the nature of the accounting data used.
• Outline the point that the writer is trying to make by using the particular accounting data.