Why might investors be critical of the auditor’s report for the year ended January 28, 2017, once they read the Form 10-Q for the quarter ended July 29, 2017?

In March 2018, Toys R Us confirmed that it would close all of its U.S. stores after its plans to survive Chapter 11 bankruptcy proceedings failed. Visit the SEC’s Edgar database to locate the company’s (1) Form 10-K filing for the fiscal year ended January 28, 2017 and (2) Form 10-Q filing for its quarter […]

Identify two departments within a company that play a role in developing the accounting information system and explain the specific role each has in the process.

DISCUSSION QUESTION: An accounting information system is a well-thought-out plan joining together diverse operating units to develop accounting policies and create financial statements. Respond to the following: Identify two departments within a company that play a role in developing the accounting information system and explain the specific role each has in the process.

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