Analyze financial information and prepare financial reports to determine or maintain record of assets, liabilities, profit and loss, tax liability, or other financial activities within an organization. But in accounting practice, no such doctrine need be adhered to but the word denotes the general principles or policies to be followed. To keep people from ethics frauds in accounting the United States top experts created the Financial Accounting Standards Board or (FASB) for short. Getting your accounting degree online through any of the online accounting schools is cost effective. Especially if you hire accounting services to handle all of your business…