United States GAAP

 

The assignment including a rubric is in the attached file.

ASSIGNMENT:
Write a 3 – 5 page paper discussing how U.S. GAAP aims to protect the users of accounting information. In this paper, you should make sure to address the following items:

• What is U.S. GAAP? What body creates U.S. GAAP, and what is their objective with respect to U.S. GAAP?
• To what type of accounting information does U.S. GAAP apply (financial accounting, managerial accounting, etc.)?
• Who are the users protected by GAAP (investors, creditors, employees, government, etc.)?
• Identify some specific ways that U.S. GAAP offers protection to users of accounting information.
RUBRIC:

Criteria Excellent
(100%) Good
(85%) Basic
(75%) Rudimentary
(60%) Unacceptable
(0%)
Content
6.5 points Content is well-focused on the topic, adding insight from both a scholarly perspective (references the work of others) and a personal perspective (draws from personal experience). The paper links key points from the course to practical examples. Content is focused on the topic. It blends and scholarly and personal perspectives. It references key points from the course. Content addresses the topic. Scholarly and personal perspectives may not be balanced. Key points from the course may not be integrated. Content does not adequately address the topic. The scholarly and personal perspectives may not be balanced. There is little evidence that the course content has been mastered. Content not on topic or not substantive.
Mechanics
3.5 points Content flows smoothly and contains no spelling or grammar mistakes. APA formatting is applied appropriately throughout the paper. Content flows smoothly and contains a few minor spelling or grammar mistakes. May contain minor deviations from APA formatting. Content may not flow smoothly or the paper may contain a number of spelling or grammar mistakes. There may be a number of deviations from APA formatting. Content difficult to follow or contains significant spelling, grammatical or APA errors. Errors throughout the paper distract from the content. APA formatting is not applied throughout the paper or the paper lacks proper citations all together.

SOME NOTES:
• Do not plagiarize (you MUST cite any sources used within your paper following APA 6th edition). If the professor determines that plagiarism occurred, you will receive a 0 on this assignment.

• Make sure to provide specific examples which relate the class material to practice, this is part of the rubric. Specific examples may be hypothetical. For instance, rather than trying to find an actual example to display your knowledge, you may simply create an example.

• Please follow the rules with respect to page length. The assignment clearly states a 3 – 5 page paper. This means that your paper should be at least 3 FULL PAGES and no more than 5 full pages. The font should be 12 point times new roman and all margins should be 1 inch. The paper should be double spaced throughout. Papers not following these guidelines will automatically be penalized 25%.

• Follow APA 6th edition formatting for your paper. A title page and abstract are not required (if you choose to include them, they do not count as pages toward the page requirement!). Also, your references page does not count as a page towards the page requirement, however, a references page is required if you cite any other work.

• A guide to APA styling can be found at: https://owl.english.purdue.edu/owl/resource/560/01/

DEVIATIONS FROM APA FORMATTING WILL COST YOU POINTS ON THIS PAPER, SIGNIFICANT DEVIATIONS FROM APA WILL RESULT IN A 0 ON THE PAPER.

Sample Solution

find the cost of your paper