Accounting

Order Instructions/Description

Students should choose a statement of financial position for one of the listed corporation in Kuwait Stock Exchange and write an article that show their understanding regarding the preparation of the statement of financial position includes:
1. The basic measurements that might be used to prepare the statement of financial position (fair value, historical cost, par value, NRV, present value and market value)
2. The basic components of the statement of financial position.
3. The basis that the statement was prepared in accordance with (accrual basis or cash basis).

Delivery is related to the accounting concepts, basis and preparations of the statement of financial position.

The company we chose is Kuwait Oil Company ( KOC)