Discuss the following:
Review the chapter Inadequate or Misleading Financial Reporting
Instructions:
We have learned that effectiveness in communication is essential in every aspect of the business world. This assignment will focus on effectively communicating the financial position of the company.
Locate two annual reports on the Internet. A good source is Report Watch . Compare the style of the two reports. Here are some questions to get you started:
1. How do they use visuals to keep attention?
2. What differences do you see in the letters from the CEOs?
3. How do they present number-heavy information? Do they rely mainly on tables and graphs? Do they give prose summaries?
4. Is the writing easy to understand?
5. Do you see places where negative information is given a positive spin?
6. Is one report easier to understand than the other? Why?
7. Is one report more interesting than the other? Why?
8. Is one report more convincing than the other? Why?
While this is not a formal paper, I do expect your response to be grammatically correct. While your opinions should be part of this response, you also need to incorporate information from the reading as well as outside sources. You must have a minimum of 2 sources (including the text), please remember to put your sources in proper APA format using both in-text citations as well as a reference page at the end.
While there is no minimum page requirement, I expect your answers to be thorough and well written.