FIN 571 Foundations of Corporate Finance Week 1 DQ

What is the difference between accounting and finance?

Why would the owners of a business choose to form a corporation even though they will face double taxation?

What is the difference between stockholders and stakeholders?

What is the realization principle, and why may it lead to a difference in the timing of when revenues are recognized on the books and cash is collected?

What is the basic equation for the income statement?

What is the main difference between the balance sheet and income statement in regards to time?