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3 ParagraphsAPA formatted references You have an accounting intern on staff and have been asked to explain to her the following: 2–3 methods by which the governing bodies communicate the standards,...

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3 ParagraphsAPA formatted references

You have an accounting intern on staff and have been asked to explain to her the following:

  • 2–3 methods by which the governing bodies communicate the standards, requirements, and guidelines for the accounting profession
    • At least 1 method must include some form of computer technology.
  • At least 2 ways in which accounting software can help implement financial reporting requirements

In your own words, please post a response to the Discussion Board, and comment on at least 1 other posting. You will be graded on the quality of your postings.

The following grading criteria will apply to this assignment:

Grading Criteria

2–3 methods by which the governing bodies communicate the standards, requirements, and guidelines for the accounting profession.

  • At least 1 method must include some form of computer technology.

30%

Identify 2 ways in which accounting software can help implement financial reporting requirements.

30%

Comment on at least one other posting.

25%

Good format, grammar and APA.

15%

TOTAL

100%

Answered Same Day Dec 23, 2021

Solution

Robert answered on Dec 23 2021
123 Votes
1.0 Methods by Which Governing Bodies communicate accounting
procedures

There are different methods through which governing bodies communicate the
accounting procedures, standards and principles to various personnel in their
profession. Some of the methods are Magazines, circulars, media post, website
publications, blogging etc.
Now a day’s digital magazine is very popular which uses computer software for
eading and also to update. It is very easy to write, circulate and maintain a
digital magazine. All accounting bodies like GARP, IFRS widely uses this
technology.
2.0 Accounting Software and Financial Reporting

QuickBooks is a Computer software program which helps us to better run our
usiness. It helps in...
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