Assignment

The Chief Financial Officer (CFO) for XYZ Construction, Inc. has been promoted to the newly created position as the Vice President of Overseas Operations. The CFO's absence leaves a void in the knowledge base of the owners group regarding several key financial and accounting principles. The owners need you to create a document for them that will help explain several key concepts, terms, and principles associated with financial management, accounting, internal control, cash management, and Sarbanes-Oxley regulations.

For this assignment the requirement is to create a document for financial management and accounting that uses generic data and examples that defines and analyzes the following terms, concepts, and principles in a business perspective:

Balance Sheet

Income Statement

Operating Cash Flows

Statement of Retained Earnings

Net Working Capital

Economic Value Added

Fixed Assets Turnover Ratio

Net Profit Margin

Sales Forecast

Breakeven Analysis

Financial Leverage

Double-Entry Accounting System

Ledger

Liabilities

T Account

Balance of the Account

Sarbanes-Oxley Act of 2002

Cash Equivalents

Petty Cash Fund

Voucher

Length: 5-7 pages (app. 350 words per page)

This paper should include example forms and example of data analysis associated with the aforementioned items. You do not have to write in narrative format as an APA-style research paper. Instead, This paper need only be a series of definitions and brief explanations. Be sure to describe, discuss, and analyze the terms thoroughly.

The only required references for this assignment are the chapters included within the e-book, which contain all the information you need to complete this assignment. You may re-create the examples from the textbooks using your own generic data. Your mentor will only grade you on the completeness and accuracy of the assignment, not on APA form and style.

Your writing should demonstrate thoughtful consideration of the ideas and concepts that are presented in the course and provide new thoughts and insights relating directly to this topic. Responses should reflect graduate-level writing standards and have no spelling, grammar, or syntax errors.