Accounting for Partnerships

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The purpose of the Paper is for you describe your understanding and applying your knowledge and research in the field of accounting. Select one of the major topics listed below to analyze:

  • Accounting for partnerships – Discuss the advantages and disadvantages of partnerships. Identify and discuss the Financial Accounting Standards (FAS) that govern accounting for partnerships including both creation, operation, and liquidation. What are the tax consequences of partnerships?
    • Must be 7 to 10 double-spaced pages in length, and formatted according to APA style
    • Must include a title page with the following:
      • Title of paper
      • Student’s name
      • Course name and number
      • Instructor’s name
      • Date submitted
    • Must begin with an introductory paragraph that has a succinct thesis statement.
    • Must address the topic of the paper with critical thought.
    • Must end with a conclusion that reaffirms your thesis.
    • Must use at least three scholarly sources
    • Must document all sources in APA style
    • Must include a separate reference page, formatted according to APA style


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