Action Items

1. Reflect upon each of the issues identified in Week 1 Auditor's Questions with your group.
2. Research all identified issues except start-up costs since this is covered in 3-1: Year One Group Paper with your group members..
3. Develop paper for each issue that does the following:
4. States the identified accounting issue
5. Identifies the accounting rule(s) that pertain to the issue
6. Explains the accounting rule(s) and treatment of the issue

NB: I just want to get some ideas on this.