Summarize and discuss nature and scope of accounting including measuring and reporting financial information fully and fairly.

Discuss the similarities and difference between net present value, payback method, internal rate of return, and average accounting rate of return. Describe each of these and provide unique examples of each one.

FYI

Upon successful completion of the week, you will be able to:

Summarize and discuss nature and scope of accounting including measuring and reporting financial information fully and fairly. This includes a detailed discussion of accruals, accounting principles/regulations, and ethics.

Analyze and present a comparison of concepts and techniques of financing and investing activities including the time value of money.

Evaluate the financial statements of a corporation, including computation of key ratios.