Assignment Description
You will select a company from this list, and you will analyze the companys financial performance, highlighting accounting principles and methods learned in this course. This project requires you to present, review, and analyze the organizations published annual reports and related footnotes for the last 2 years. Specifically, your paper will cover the following:
- Discuss methods used to account for assets, liabilities, and shareholder equity, and explain how the companys inventory valuation method affects reported results.
- Explain the companys approach to internal controls, and assess its compliance with Sarbanes-Oxley.
- Prepare and interpret the results of horizontal and vertical analyses of the financial statements.
- Prepare and interpret the results of at least 5 ratios, 1 from each of the following categories:
- Profit Ratios
- Debt Ratios
- Efficiency Ratios
- Equity Ratios
- Liquidity Ratios
- Assess the companys overall financial performance and the integrity of its internal controls.
- Discuss how various stakeholdersinternal and externaluse information contained in the financial statements for decision making.