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– ## Instruction-Copy.docx **## Instruction-Copy.docx** Discuss the financial reporting environment and financial statements. 1- What is the purpose of accounting? What impact does the AICPA, FASB, and SEC play in accounting, particularly with regards to the financial statements? 2- why do we call accounting "the language of business"? Hint: Think …
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– ## Instruction-Copy.docx **## Instruction-Copy.docx** Discuss the financial reporting environment and financial statements. 1- What is the purpose of accounting? What impact does the AICPA, FASB, and SEC play in accounting, particularly with regards to the financial statements? 2- why do we call accounting "the language of business"? Hint: Think in terms of the purpose of accounting. Due Tuesday 27th by 6PM New York Time / 2 pages **## Instruction-Copy.docx** Discuss the financial reporting environment and financial statements. 1- What is the purpose of accounting? What impact does the AICPA, FASB, and SEC play in accounting, particularly with regards to the financial statements? 2- why do we call accounting "the language of business"? Hint: Think in terms of the purpose of accounting. Due Tuesday 27th by 6PM New York Time / 2 pages