Accounting Regulation - Homework
Accounting Regulation - Homework

Accounting Regulation - Homework

Lead Author(s): Washington State Colleges

Source: Open Course Library

Student Price: FREE

An engaging accounting homework assignment created by Jackie Franklin for Washington State Colleges.

This content is licensed under the Creative Commons Attribution 3.0 Unported License.

Accounting Regulation - Homework



D1

In your own words explain the terms debits and credits.


D2

What is GAAP?


D3

What is the history of accounting?


D4

Who are the organizations that regulate the accounting field and what is there specific role?


D4

What is the IASB?


D5

What is IFRS?


D6

What are the differences and similarities between the categories of liabilities in the classified balance sheet?


D7

Look at a classified balance sheets from a public company – what does the balance sheet look like? What does it tell you?



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​Washington State Colleges

​Course Designer: Jackie Franklin