Discussion Post
Accounting managers develop many reports to capture a company's financial position for various stakeholders. This semester each student has done extensive research on a Fortune 500 company. This discussion question will focus on financial documents used to highlight the company's financial position. Use your company's most recent financial statements to share the company's financial position. Discuss how technology is used to develop these statements and how technology has impacted the way the company shares financial data with its stakeholders.
To complete this discussion,
Develop a 400 words thoughtful, scholarly discussion post which includes:
• The definition and use of a company annual report according to the course reading material.
• The definition of the three key financial statements discussed in the readings and how they are developed.
• Use the three key financial statements to highlight the company's financial position and who would be the stakeholders most interested in each statement.
• Describe how technology was used to develop these statements and how technology impacts the ways the company shares financial data.
• Attention should be paid to the accuracy of information using either data from class readings or researched information.
The response should include a reference list. One-inch margins, Using Times New Roman 12 pnt font, double-space and APA style of writing and citations.