Both internal and external users

Week I discussion 1

Please post your response to this discussion question in this thread by Friday (Day 4). I would suggest framing your responses in a clear and well written format from your perspective of about 100 words or more. Thanks

Both internal and external users must use a company’s financial statements, please list users in each of these categories and mention why they would need a company’s financial information.

Week 1 discussion 2
Please post your response to this discussion question in this thread by Saturday (Day 5). I would suggest framing your responses in a clear and well written format from your perspective of about 100 words or more. Thanks

Identify the basic steps in the recording process and briefly describe each one.

Week 2 discussion 1

Please post your response to this discussion question in this thread by Wednesday (Day 2). I would suggest framing your responses in a clear and well written format from your perspective of about 100 words or more. Thanks

Explain what a trial balance is and answer why may the financial information in a trial balance not be up-to-date and complete?

Week 2 discussion 2

Please post your response to this discussion question in this thread by Friday (Day 4). I would suggest framing your responses in a clear and well written format from your perspective of about 100 words or more. Thanks

Identify and state two generally accepted accounting principles that relate to adjusting the accounts. Then describe what accounts does a company debit and credit in a prepaid expense adjusting entry?

Week 3 discussion 1

Please post your response to this discussion question in this thread by Wednesday (Day 2). I would suggest framing your responses in a clear and well written format from your perspective of about 100 words or more. Thanks

Explain what an accounting worksheet is and summarize its contents?

Week 3 discusion 2

Please post your response to this discussion question in this thread by Friday (Day 4). I would suggest framing your responses in a clear and well written format from your perspective of about 100 words or more. Thanks

Please explain why the financial statements are said to be interrelated with one another.

Week 4 discussion 1

Please post your response to this discussion question in this thread by Wednesday (Day 2). I would suggest framing your responses in a clear and well written format from your perspective of about 100 words or more. Thanks

Explain the cost of goods sold calculation and describe what it tells us?

Week 4 discussion 2

Please post your response to this discussion question in this thread by Friday (Day 4). I would suggest framing your responses in a clear and well written format from your perspective of about 100 words or more. Thanks

Describe the ending inventory using the LIFO, FIFO, and average cost methods, analyze the impact on net income

Week 5 discussion 1

Please post your response to this discussion question in this thread by Wednesday (Day 2). I would suggest framing your responses in a clear and well written format from your perspective of about 100 words or more. Thanks

Explain the effects of the Sarbanes-Oxley Act of 2002 on internal controls.

Week 5 discussion 2

Please post your response to this discussion question in this thread by Wednesday (Day 2). I would suggest framing your responses in a clear and well written format from your perspective of about 100 words or more. Thanks

Please summarize an efficient and cost effective internal control system that should be implemented by a company in your own words.

Explain the effects of the Sarbanes-Oxley Act of 2002 on internal controls.