The financial statement project will require you to use Corporate Annual Report:
a Business Application with 1FRS Content, fourth edition by Stanko & Zeller, published by Applied Accounting Analytics, ISBN 9780984183920. It is cheaper to purchase this from the publisher: if you must purchase this through the bookstore, be sure that they are giving you a version that has the electronic template with it.
For this assignment you must use the electronic template provided with the purchase of the Corporate Annual Report. Hand written responses will not be accepted. You need to submit a hard copy.
Part 1
For the financial statement project. you will select a U. S. company that is publicly traded on the NYSE or NASDAQ. You must choose a manufacturer or a merchandiser. The company you choose must file a 10-K (or 10-K405, etc.) with the SEC and must follow U.S. GAAP. Do not choose a company with less than $75 million in common equity float (market value of common equity held by the public) when they enter the market (don't choose an obscure company that is very small). It is your responsibility to determine this before using the company for this assignment.
In addition to the above requirement, the company you analyze must also have a positive stockholders' equity. Do not select a company that has been in the news because it is being investigated for fraud or is on the brink of bankruptcy. You will use this company to complete both Part 1 and Part 2 of the financial statement project. so choose a company you can live with for the quarter!!
Answer the questions to Chapters 3 in Corporate Annual Report: a Business Application with IFRS Content. This assignment will take a considerable amount of time. Provide reference page numbers from the annual report or 10-K for every question or part of a question (i.e.. anytime you provide information obtained from the 10-K or annual report). Failure to do so will result in a 15% penalty. If you are quoting directly from the 10-K or annual report, be sure to use quotation marks around the directly quoted material. To do otherwise is tantamount to plagiarism.
Your answers must be complete sentences (yes/no answers will be given low marks), must demonstrate that you thought critically about the question, and must answer the question completely. You must provide me with a hard copy of the pages from the annual report or 10-K containing the answers to the questions (I need this to verify your answers: failure to do so will result in up to a 15%
Business Application with IFRS Content. This assignment will take a considerable amount of time. Provide reference page numbers from the annual report or 10-K for every question or part of a question (i.e.. anytime you provide information obtained from the 10-K or annual report). Failure to do so will result in a 15% penalty. If you are quoting directly from the 10-K or annual report, be sure to use quotation marks around the directly quoted material. To do otherwise is tantamount to plagiarism.
Your answers must be complete sentences (yes/no answers will be given low marks), must demonstrate that you thought critically about the question, and must answer the question completely. You must provide me with a hard copy of the pages from the annual report or 10-K containing the answers to the questions (I need this to verify your answers: failure to do so will result in up to a 15% penalty. Please highlight the information used to answer the questions.).
Part 2
For chapter 4, follow the instructions on page 63 of the workbook. Complete the summary financial analysis report (pp.64-67). Provide a thorough analysis. This should include what is currently happening in the economy.
Your answers must be complete sentences (yes/no answers will be given low marks) and must answer the question completely. You must provide me with a hard copy of the pages from the annual report or 10-K containing the answers to the questions (I need this to verify your answers: failure to do so will result in a 10% penalty).
You must provide proof of purchase of Corporate Annual Report: A Business Application with IFRS Content along with your responses.