The purpose of this assignment is to provide learners the opportunity to explain the characteristic features of accounting information, accounting assumptions and accounting cycle involved in preparing financial statements. Structure of the asignemnet is given below; Summary · Able to summarize at least four significant points of the topic of discussions presented in the paper 2. Introduction of the selected company Clear and detailed introduction of the company which covered all of the following Vision, mission, financial highlights, main activities, products or services 3.Explain the characteristic features of the accounting information · Clear and detailed explanation about the characteristic features of accounting information with clear supporting examples 4.Identification and explanation of accounting assumptions used in the preparation of financial statements · Identify and explain clear accounting assumptions used in the selected company 5.Explain the accounting cycle involved in the preparation of financial statements · Detailed and clear explanation of accounting cycle involved in the preparation of financial statements with relevant examples based on eected company Slecet http://www.stomaldives.com/ as a company Minimum ( 5 pages ) Give proper referncing .