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-What are GAAP? Why do we need to ponder over the levels of GAAP to do accounting work? -What is the mission of the Financial

-What are GAAP? Why do we need to ponder over the levels of GAAP to do accounting work?

-What is the mission of the Financial Accounting Standard Board (FASB)

-What are the main three financial statements? How to link them together reflect the financial position and performance of a company?

-Why do public companies need auditor' report? If the CEO and CFO of a company need to certify the financial statements and internal control system, why do we still need external auditors to give their opinions on these items?

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