1. An area of accounting that focuses on external reporting for external users 2. A business that is owned by two or more individuals 3. Are often small businesses 4. Has a separate legal entity 5. One of the financial statements qualities which means complete, neutral, and free from errors 6. One of the accounting Principles 7. Reports revenues and expenses during a certain time period 8. Reports assets, liabilities, and equity at a point of time 9. Shares and retained capital earnings