Discuss how various stakeholders-internal and external-use

Question

You will select a company from this list, and you will analyze the company's financial performance, highlighting accounting principles and methods . This project requires you to present, review, and analyze the organization's published annual reports and related footnotes for the last 2 years. Specifically, your paper will cover the following:

Discuss methods used to account for assets, liabilities, and shareholder equity, and explain how the company's inventory valuation method affects reported results.

Explain the company's approach to internal controls, and assess its compliance with Sarbanes-Oxley.

Prepare and interpret the results of horizontal and vertical analyses of the financial statements.

Prepare and interpret the results of at least 5 ratios, 1 from each of the following categories:

Profit Ratios

Debt Ratios

Efficiency Ratios

Equity Ratios

Liquidity Ratios

Assess the company's overall financial performance and the integrity of its internal controls.

Discuss how various stakeholders-internal and external-use information contained in the financial statements for decision making.

Include the last 2 years of published financial statements as Appendices to your report. Do not include the entire Annual Reports.

Present your findings as a Word document of 5-6 pages formatted in APA style.

Answer 1

You will choose a company from the list and you will examine the company's financial performance, highlighting accounting methods and principles. The project needs you to present, review and examines the organization's published yearly reports and associated for the last 2 years. Particularly, your paper will encompass the given: 1) Illustrate methods employed to account for assets, liabilities and shareholder equity and describe how the company's inventory valuation method influences reported outcomes. 2) Describe the company's approach to internal controls and evaluate its compliance by means of Sarbanes-Oxley. 3) Prepare and deduce the outcomes of horizontal and vertical assessment of the financial statements. 4) Prepare and deduce the outcomes of at a minimum of 5 ratios, 1 from each of the given categories: • Profit Ratios • Debt Ratios • Efficiency Ratios • Equity Ratios • Liquidity Ratios