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Strayer ACC100 week 1 discussions




Question;Week 1 Discussion 1;?;5;Business Formation? Please respond to the following;?;Accountants are in a position to;provide advice to business owners to determine which organization structure is;best for their particular business venture. Imagine that you were approached by;a friend or relative interested in starting a specialty business to design men;and women clothing. Discuss the advantages and disadvantages of at least two;(2) forms of business structures. Make a recommendation regarding the structure;your friend or relative should use based on this particular venture. Explain;your rationale.;?;Based on your recommendation;regarding the appropriate business structure, explain the major advantages and;disadvantages of the business owner with minimal accounting experience;maintaining the company's books instead of hiring an accountant. Discuss the;major impact to the users of accounting statements if the statements are;prepared in error. Provide support for your position.;Week 1 Discussion 2"Importance of Accounting" Please respond to the following: *From the e-Activity, identify the job aspects, educational requirements, and preeminent accounting fields in which to work. Determine at least two (2) ways that accounting or accountants can have a direct impact on society. Provide specific examples.In your own words, explain the recording process and the accounting equation to someone who has no accounting experience="margin:>


Paper#48088 | Written in 18-Jul-2015

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