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Identify a person who works with company financial statements on a regular basis. This person ought to either prepare financial statements, or analyze financial statements.

Identify a person who works with company financial statements on a regular basis. This person ought to either prepare financial statements, or analyze financial statements. You might find a person who is working as a financial accountant within a company, or a loan officer at a bank, or an investment analyst. Academics, auditors and tax preparers are generally not good targets for this assignment.

Create a list of at least 10 interview questions designed to investigate how this person utilizes industry specific GAAP in their work. Consider how GAAP is applied differently in different industries (i.e. construction, health care, airline). Compose questions to elicit interesting & relevant GAAP related info.

  • Some general questions you are welcome to use might include:
  1. What do you do specifically to keep current with the changes in GAAP?
  2. What tools do you use to do GAAP research?

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