Identify the companies whose annual reports you are comparing and include the links in your paper. Application: Analyzing Annual Reports
Identify the companies whose annual reports you are comparing and include the links in your paper.
Application: Analyzing Annual Reports
Just like a yearly physical examination can provide clues to your physical health, an annual report provides clues to the overall financial health of an organization in a given time period. Just as some health conditions are not immediately detected by a physical examination or may appear shortly after a yearly exam, the same can be said for challenges an organization may be facing financially.
For example, an aggressive competitor may be currently taking sales away from an organization’s stable customer base, yet this competitor may not have existed at the conclusion of the fiscal year that the annual report information represents. Nonetheless, it is important to be able to analyze the information that you do have, while considering new information that might change the current financial health of an organization.
For this Assignment, your Instructor has given you links to two annual reports. Examine the Table of Contents or Index in each annual report and it will help you locate the items listed below. The auditor’s opinion usually is found right after the financial statements, but it might be located before them. The footnotes to the financial statements are located immediately following the financial statements.
Then, compare the two annual reports in terms of:
The four basic financial statements
The auditor’s opinion
The footnotes to the financial statements
The manager’s discussion and analysis
The annual report as a whole
The Assignment:
Identify the companies whose annual reports you are comparing and include the links in your paper.
Compare and contrast the information contained in the annual reports you were assigned.
Explain how the information contained in the annual reports relate to the image you have of the organization as a whole.
Explain how the financial statements, auditor’s opinion, and footnotes are similar and how they are different in effectively conveying the position of the organization.
Provide 2–3 clear and in-depth examples to justify your perspective, drawing upon information from the reports you reviewed.
Be sure to use citations and related reference materials as appropriate.
Submit your Application by Day 7.
To submit your Assignment, do the following:
Save your Assignment as a ”.doc” file with the filename “WK1Assgn+last name+first initial.doc”. Sally Ride’s filename would be “WK1AssgnRideS.doc”.
To upload your Assignment, click on Assignments on the course navigation menu, and then click the Assignment Turnitin – Week 1 link.
General Guidance on Application Length:
Your Application, due by Day 7, will typically be 2–3 paragraphs in length as a general expectation/estimate for each bullet point. Refer to the rubric for the Week 1 Application for grading elements and criteria. Your Instructor will use the rubric to assess your work.
. .
The post Identify the companies whose annual reports you are comparing and include the links in your paper. Application: Analyzing Annual Reports appeared first on academicheroes.com.
Identify the companies whose annual reports you are comparing and include the links in your paper. Application: Analyzing Annual Reports was first posted on November 26, 2019 at 8:06 am.
©2019 "Essay Lords | Bringing Excellence to students world wide". Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement. Please contact me at support@academicheroes.com
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"
