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The company I choose is Target What is the purpose of accounting? What is the role of the CPA? What does it take to become

The company I choose is Target
  1. What is the purpose of accounting?
  2. What is the role of the CPA? What does it take to become a CPA?
  3. What is GAAP, and who are the two bodies that oversee the development of accounting pronouncements? How are the new rules established?
  4. What is IFRS, and how does it differ from GAAP in their approaches? Keep your answer broad; you do not need to research specific differences between the two.
  5. Compare and contrast the features of a Sole Proprietorship, Partnership, and Corporation. List the key advantages and disadvantages of each.

Please be sure to validate your opinions and ideas with citations and references in APA format.

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