In this Research Assignment, you will research how financial accounting is transforming to meet the challenges of our ever-changing world. Be specific about any subject you are writing about and give details. The use of sources of information should be correctly referred to and should reference professional resources. 

The formatting of citations is not important but the citations should be in text as well as in a separate bibliography.

Answer rating: 100% (QA)

The financial accounting process involves recording summarizing analyzing and reporting all the transactions in financial statements to help the user in decisionmaking It is the process of recording b... View the full answer