Purpose of Assignment This week’s activity illustrates the role a company’s accounting method plays in financial statement reporting. In this assignment, students evaluate the events occuring in a business setting and determine how to properly analyze those events to identify the impact on both cash and accrual accounting methods. Resources: Generally Accepted Accounting Principles (GAAP), U.S. SecuritiesRead more about We can work on BizCon, a consulting firm, has just completed its first year of operations[…]