Introduction to Quantitative Principles Discussions

Accrual Accounting

Write a four paragraph answer, citing the text, to – What difference does cash or accrual basis of accounting make to recording two tasks or functions of your current (or previous) job?  Cite a specific example, including sample figures, of a case where cash vs. accrual accounting would make a significant difference.

Season One

Post your income and balance sheet that are going to be used in your accounting report.  Point out two items in your report that you think are most interesting.

Required Resources

Text

Brownfield, David L. (Ed.). (2007). MBA essentials. New York: McGraw-Hill Learning Solutions.

• Chapter 3
• Chapter 4