QUESTION 1. Write 'Term Paper' within the broad framework of Financial Reporting

The paper:-

(i) should analyze any accounting issue/topic of your choice

(ii) the issue/topic can be empirical or theoretical, related to general purpose financial reporting

(iii) should be in not more than four (4) type written pages

You may wish to organize the paper in the following order:-

Introduction 30%

Theory and Practice (Discussions) 50%

Conclusion or Recommendations 20%