Assignment: Financial Statement Concepts Project
Write a paper in which you do the following:
1) Identify the 4 basic financial statements.
2) Describe the purpose of each of the 4 financial statements.
3) Discuss the types of accounts that are found on each statement.
4) Discuss how the financial statements would be useful to internal users, such as managers and employees.
5) Discuss how the financial statements would be useful to external users, such as investors and creditors.
Format your assignment according to the following formatting requirements:
(1) The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
(2) The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
(3) Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.