Draft of Financial Statements and Accounting Policies
The Financial Analysis Final Project focuses on:
- The process and application of financial statement development and analysis in a real-world situation.
- The application of ratios for comparative analysis based on standard metrics.
- Analytical tools for interpreting results of financial statements.
- Internal controls and business processes.
Discuss the major financial statements in detail. What formats are used? What significant trends (over three years) can you find? What is the future forecast, or what do the pro forma statements indicate?
What are the significant accounting policies relating to revenue recognition, short-term investments, cash, inventories, and property and equipment? What are some of the major topics of the disclosure notes to the statements?
Provide a brief summary of the Management Discussion and Announcement (MDA) section.
Discuss key internal controls, business processes, and transactions.