Assignment 5-1

7. In the concluding paragraph, you start with the thesis and broaden the subject to relate it to more generalized statements.

Grading for this assignment will be based on answer quality, logic / organization of the paper, and language and writing skills, using the following rubric.

Grading for this assignment will be based on answer quality, logic / organization of the paper, and language and writing skills, using the following rubric.

Part 1: Give a general introduction to the problem, including the thesis statement. The thesis statement should present a clearly defined position on a debatable topic.

“Access to good financial information is essential to success in the policy and financial management arenas” (Bartle, Hildreth, Marlowe. P. 222). Proper accounting is the cornerstone to working towards a balanced budget. The CAFR (comprehensive annual financial report)

1. Provides an appropriate, explicitly stated thesis that directly addresses all parts of the question. Thesis should not simply restate the question.

Kimmel, P. D., Weygandt, J. J., & Kieso, D. E. (2009). Accounting: Tools for business decision

Edmonds, T., Tsay, B., & Olds, P. (2011). Fundamental Managerial Accounting Concepts (6th ed.). New York, NY: McGraw-Hill/Irwin.

Is necessary to understand the proper and logical accounting literature to address the matter previously presented.

Throughout this class we were introduced to a number of financial statements, many of which I never knew existed. It was nice to see that the formatting of these newly introduced financial statements were consistent and had many similarities to the traditional accounting statements for profit seeking businesses. These financial statements flowed together much like the accounting statements I have been used to seeing. This similarity in turn allowed me to smoothly

Differentiate between the Generally Accepted Accounting Principles and the International Financial Reporting Standards for their impact on financial

In this assignment, you will complete tasks to demonstrate your understanding of the importance of

Read the following short essay, and then write a 3-5 page response (12-point font, double-spaced, normal margins, no cover page, no binders). Your response should do the following three things: (1) state what the main conclusion of the essay is; (2) state what the most important premises (including sub-conclusions) are—i.e., state which premises are most important if the argument is to rationally convince its audience; (3) evaluate the quality of the argument, giving detailed reasons to justify your evaluation. For purposes of evaluation, assume that the speaker is a contemporary Canadian philosopher and the audience is a group of students in Introduction to Philosophy.

When talking about accounting, the first thing we should know is the history of its development. Traditionally, the development is from inductive to deductive. Inductive theory assume what is done by the majority is the most appropriate practice. However, It did not seek to evaluate the logic or merit of

“Good” accounts must accord a series of principles. In general, good principles of social accounting have to be inclusive, involving dialogue with stakeholders; to be complete, highlighting the key areas of the individual company’s activities; to be embedded within the organization; to be comparable, undergo external verification, and give room for continuous improvements. These principles should take both companies own management practices and the performance measurements comparison with other companies into consideration (Montgomery and Porter, 1991). Such principles have to be incorporated within the