1. On several occasions it is not possible to clearly observe in the financial statements how certain important transactions of the companies were recorded. For this reason, it is necessary to report on these, either through notes to the financial statements in each accounting period or through its annual report.

Visit the website of Alfa S.A.B. Of C.V. And locate the most recent annual report, as well as the financial statements for that period. Answer the following questions: What information with reference to the accounting record found? Who requires companies to submit this information? How useful is it for a company to include notes with reference to the accounting methods they use?

2. Accounting closure is of the utmost importance for companies, since it serves to prepare the accounts for the recording of the transactions of the following accounting period. Visit the Bimbo website and access the annual report. Look carefully at the financial statements and answer the following:
A) Which of the accounts presented there had to be closed?
B) What information regarding the closure of operations of the accounting cycle do you mention?
C) What would happen if the accounting closure did not exist?

3. Visit the page of the Mexican Stock Exchange. Select one of the issuers that list their securities in that market and locate the latest available financial statements. In particular, contrast the income statement with the statement of cash flows.