Week 1 Assessments By Day 1 (Thursday), Submit T

Week 1 AssessmentsBy Day 1 (Thursday), submit the Academic Integrity Declaration.By Day 1 (Thursday), submit your Personal Introduction to the Collaboration Forum.By Day 3 (Saturday), submit your Key Concept Exercise Part A to Turnitin.By Day 4 (Sunday), submit your Key Concept Exercise Part B to Turnitin and to the Collaboration Forum.By Day 7 (Wednesday), post 3–5 responses to your fellow students in the Collaboration Forum.Key Concept Exercise: Accounting and finance for non-specialistsAccounting is a dynamic discipline which has changed considerably over time. It will continue to evolve, especially as business becomes increasingly global in nature.This trend towards globalisation is raising issues such as the international nature of cross-border transactions, accountability of organisations and (national) regulatory authorities, and to which countries organisations owe their tax liabilities. Thus, the international harmonisation of accounting practices is also an area that is the subject of a great deal of topical debate.When preparing accounting and finance information, it is of paramount importance to identify the user groups (stakeholders) and the type of accounting and finance statements that need to be prepared, plus the different roles of financial accounting, management accounting and financial management, in terms of their use to business.Alternative user groups