Advanced Financial Accounting docx

Running head: ADVANCED FINANCIAL ACCOUNTING
Advanced Financial Accounting
Name of the Student
Name of the University
Author’s Note

ADVANCED FINANCIAL ACCOUNTING1
Executive Summary
This current report has focused on the annual report of Automotive Holdings Group and
to state that the company is reporting entity or not. The description of the criteria along
with the factors that highlights as the reporting entity has been discussed in this
particular study. In addition to this, the fundamental qualitative characteristics has also
been discussed which points out the ideas and concepts about relevance and faithful
representation of the data that are associated with the company. Useful information
about the financial statement has also been provided as per the qualitative
characteristics.

ADVANCED FINANCIAL ACCOUNTING2
Table of Contents
Introduction........................................................................................................................3
Reporting Entity – Definition, Description and identification of the selected company.....3
Fundamental Qualitative Characteristics – Understanding of relevance and
representational faithfulness..............................................................................................4
Conclusion.........................................................................................................................6
References.........................................................................................................................7