Department of English & Foreign Languages. The Department of English shares a broad objective with other departments in the School of Humanities and Social Sciences: to teach the skills which will enable you to interpret, evaluate, and, in your own way, change your world.
In short, GAAP requires accrual accounting rather than cash accounting, because the accrual basis better fits the defined objectives of the Financial Accounting Standards Board (FASB). Accrual accounting requires companies to record transactions in the time period in which financial events occur.
The FAFSA is required for all students seeking grants, scholarships or loans. The information students supply on their FAFSA application is used to determine their Expected Family Contribution, and to determine the levels of financial aid for which they are qualified.