Overview
1. What are Generally Accepted Accounting Principles
2. What are International Financial Reporting Standards?
3. What are the conceptual differences between Generally Accepted Accounting Principles and International Financial Reporting Standards?
Label your answers clearly. Use complete sentences, proper grammar, punctuation, and spelling when answering these questions. AT LEAST 200 words.
second HW:
1. What is accounting?
2. Why is accounting important for a business? Give examples where accounting plays a role in business.
Label your answers clearly. Use complete sentences, proper grammar, punctuation, and spelling when answering these questions. AT LEAST 200 words.