Describe the purpose of the FASB conceptual framework.

What are the most likely incriminated parasites?
December 21, 2020
Explain how Ferguson&Son Manufacturing Company’s budgetary control system could be revised to improve its effectiveness.
December 21, 2020

a). What is an accounting information system? Describe the purpose of the FASB conceptual framework. Discuss how it relates to your study of accounting information systems.

 

b). List and discuss the five parts of a generic accounting information system.            Compare and contrast sponsored information, practitioner/public information, and scholarly information.