Writing Assessment EssayPlease submit the essay as described below in your assignment folder in LEO. It will be evaluated according to the rubric criteria (attached). Prompt:Identify a government policy decision that has influenced or will influence the field of accounting. The policy decision can be a federal or state agency rulemaking, legislative action, or court decision that has already been or will be implemented. Discuss one positive and one negative effect that this policy has had or will have on accounting practice.Instructions: 1. Write a short essay (800-1,000 words; 3-4 pages) that provides a critical and thoughtful response to the prompt presented above. 2. Perform appropriate research that will support your response to the prompt and meet these criteria: • Use library to locate at least three (3) scholarly journal articles. • Two of these articles must have been published within the last 5 years.3. Follow APA style guidelines for citations and reference page. Please use APA Level 1 headings and organize the essay in a logical sequence.4. Demonstrate the mastery of technology skills by meeting following criteria:• Prepare your essay in MS Word with 1-inch margins on all sides, double-spaced and 12 pt. Times New Roman font. Employ page numbers. • Create a 2-slide PowerPoint presentation which explains the major challenge and the one positive and one negative effect it will have on accounting practice. Convert the PowerPoint into a PDF. • Upload both your essay in MS Word and your PowerPoint presentation in PDF submissions to the assignment folder.Note: Prior to starting the assignment, please review the communication rubric (attached) and consider all rubric criteria when writing your essay.

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