financial reporting

SCENARIO:  as described above, upon completion of the readings and quizzes, write a report .

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SCENARIO:  You are a new hire for a major corporation completing your eight-week rotation related to accounting, financial reporting, budgeting, cost control, and profit maximization. As part of your rotation you are learning about the accounting process and how to use accounting information to make managerial decisions. Read the assigned chapters to learn the accounting … Read more

What are the practical accounting issues and challenges for the preparers of financial statements related to cryptocurrencies?

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Impact of Cryptocurrencies (digital assets) on financial reporting. • What are the practical accounting issues and challenges for the preparers of financial statements related to cryptocurrencies? • What type of asset is a cryptocurrency and how should changes in their value be reflected in profit and loss, and when? • Issues about accounting for revenues … Read more