ACC303

Assignment For this project, you will take a set of financial reports from a fictional or real company, and try to determine what would happen if something changed within the company. You will identify something you want to change, and then try to determine the impact of that change. For example, suppose you want to grow the company’s sales by extending credit to more customers. How will this impact sales, accounts receivable, cash flow, expenses

Task: Throughout your studies, you have heard of the "big names" of the organizations that impact accounting. But what do they really do? How do you know what the hot topics are? How are they influenced? What do they have to do with the financial reports you have been studying all quarter? How could this impact how financial reports are produced? For example, consider how a change in the way leases are recognized may impact the liabilities on a b