Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Accounting Basics Expert

The Annual Report Project (ARP) is intended to provide real-world ex of the accounting and financial reporting principles. Specific purposes of the project are as follows:

• To demonstrate types of financial statement formats used by American corporations.

• To enable you to learn where to find key financial information on your company.

• Provide practice in written communication of financial information, a skill which would be invaluable during professional career.

Basic Instructions

1. Choose a large publicly traded corporation and get a recent annual report (2011 or 2012, if possible).

2. Familiarize yourself with contents of annual report. You certainly don’t have to read it word for word—no one else does—but you must know where to find CEO’s narrative, auditor’s report, the financial statements, and notes to the financial statements.

3. prepare short narrative report which includes information listed in the next section. Your grade on the project would reflect my perception of how well you address each issue, so ensure that your explanations and/or opinions are complete and well founded.

4. Your report must be prepared on the word processor. The report must be neatly prepared and must observe general rules of good grammar, punctuation, and sentence structure. Your report must be no shorter than 2 and no longer than 4 single spaced pages. Points would be detracted for failure to these requirements.

The Annual Report Project must include three sections with the following information:

Section 1: Basic Corporate Information

a. Official name of corporation
b. Location of corporate charter and corporate headquarters
c. Primary product or service
d. Short corporate history
e. Major subsidiaries (if identified)
f. Name of CEO
g. Makeup of Board of Directors

Section 2: Company Financial Situation

a. Financial performance during past year
b. Factors affecting financial performance
c. Number of outstanding common shares at yearend
d. Two competitive strengths
e. Two competitive weaknesses
f. Name of independent auditing firm

Section 3: Selected Financial Data

a. Sales or net sales
b. Total assets
c. Cash flows from investing activities
d. Gross profit (if available)
e. Total liabilities
f. Cash flows from financing activities
g. Operating income
h. Total stockholders’ equity
i. Present ratio, ROA, and Net profit margin
j. Net income
k. Cash flows from operating activities

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M92658

Have any Question? 


Related Questions in Accounting Basics

Assignmentthis assignment has 2 parts 1000 10 word theory

Assignment This assignment has 2 parts, 1000 + 10% word theory interpretation essay and a response to a practical application of the theory. The assignment must be typed, use Arial font, 12, to avoid plagiarism, make sur ...

Accounting paperfor this assignment you will decide what

Accounting paper For this assignment, you will decide what type of budget to implement for a start-up company. Write a three to four page paper in which you: 1. Summarize the type of manufacturing company you plan to sta ...

Part 1problem 2aagrichem industries manufactures fertilizer

Part 1 PROBLEM 2A AgriChem Industries manufactures fertilizer concentrate and uses cost standards. The fertilizer is produced in 500-pound batches; the normal level of production is 250 batches of fertilizer per month. T ...

Kiona co set up a petty cash fund for payments of small

Kiona Co. set up a petty cash fund for payments of small amounts. The following transactions involving the petty cash fund occurred in May (the last month of the company's fiscal year). May 1 Prepared a company check for ...

Background of projectthe industry of medical devices

Background of Project The industry of medical devices involves a number of monitoring and reconstructive devices. Some of those devices include cardiac and diabetic care as well as hip and knee replacements. The owners o ...

Define pat positive accounting theorytheoretical definition

Define PAT (positive accounting theory). Theoretical Definition of PAT and, implication and describe the limitation with the contribution and its significance. Write about the agency theory (An individual action is drive ...

Question 1 ldquoaccountancy is an information systemrdquo

Question 1. “Accountancy is an Information System”. Do you agree? Substantiate your answer with reasons. How does an Accountant help in planning and controlling a large commercial organization? Explain.    Question 2. Th ...

Flint hills companys most recent financial statements

Flint Hills Company's most recent financial statements showed dismal performance. There was a net loss of $10,000 and the Statement of Cash Flows showed a net cash decrease in all categories. The company president called ...

Problem -firm has consulted with investment bankers and

Problem - Firm has consulted with investment bankers and determined the interest rate it would pay for different capital structures, as shown below. Data for the risk-free rate, the market risk premium, an estimate of fi ...

Please see the list of stock from a virtual game that

Please see the list of stock from a virtual game that student invested during the period Sep 2016- Dec 2016. The returns are shown as well. Please use this information to write a report 2-4 pages about the project. Your ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro