discussion board

DB 4

Collaboration leverages the collective knowledge of a team. Peer evaluation and support, provided in the spirit of continuous improvement and organizational success, result in higher quality deliverables than generally possible by the efforts of an individual. Please describe the process you plan to use to conduct research, identify findings, and develop the Comprehensive Project due in Unit 5 and present a brief outline indicating how you intend to organize the project deliverable. Please review the process and outlines of other students, providing objective feedback that will help strengthen the effectiveness of their efforts and the quality of the finished product.

This is the project for unit 5. So this would be the outline for the discussion board.

There are differences between a REA diagram and an ER diagram. In a 1-2 page paper, describe at least 3 differences and 3 similarities between the two diagrams.

Your paper should include the following:

· An explanation of what each acronym stands for and why

· Effects (of both REA and ER diagrams) on company's financial statements

· Implications of using one diagram over the other and vice versa