You have recently joined the CPA firm Dynamic Capital Holdings $($DCH$)$ as an accounting consultant. Your supervisor is concerned that new accountants don$$t have a strong understanding of financial transactions versus events, which has led to these items being improperly recorded. Your supervisor is also concerned that this lack of understanding will lead to unethical behavior and practices. To ensure new accountants strengthen their understanding and behave ethically, your supervisor has asked you to create a job aid that describes the differences between financial transactions and events and ethical considerations related to these transactions and events.

Directions

Using the template in the What to Submit section, create a job aid explaining the differences between financial transactions and events and related ethical behaviors.

Specifically, you must address the following rubric criteria:

Describe financial transactions in accounting.

Describe events in accounting.

Compare differences between financial transactions and events.

Explain ethical considerations related to financial transactions and events.