accounting capstone

1.In chart form, distinguish between these 3 segments of the accounting function, each of them along these 4 criteria: â—¦The legal or regulatory bodies and guidelines that must be abided by. 
â—¦Typical kinds of reports created and the stakeholders interested in each report. 
â—¦Issues that, if not addressed properly, could land the company in trouble again. 
â—¦The particular kinds of training/education that employees in each of these departments should have. 

2.In paragraph form, explain why it is important to understand the different needs of the different stakeholder groups for each functional area.

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