[Document title]
COLORADO HEIGHTS UNIVERSITY
Students: Hyun Seok Kim
Course: Accounting I (ACC361)
Subject : Accounting and Ethics
Date: April 17th, 2015
Business transactions or events can pose ethical challenges. Accountants must be honest in
their work. Complete and accurate information can help people make wise decisions. I want
to show how easily people can change the outlook of a company by booking wrong
information or omit some crucial information.
Introduction
I will analyze the financial statement of Smart Touch Learning on text book (Accounting by
Horgren, Harrison, Oliver, page 150, 2010). I would need information from the balance sheet,
income statement, and Owner’s Equity from the Adjusted Trial Balance. Recently, a size of
business is growing and complicated. People need to achieve correct information to make
proper investment. If investors can get perfect balance sheet, income statement, and owner’s
equity, they can use those information to make better decision.
