Assignment
Instructions for Project SEC 10-K (Paper and Presentation)
Case Study Accounting: Using the publicly traded U.S. Corporation that you selected to study this semester and address the following questions in your paper:
I. Company's business and industry
a. What is the company's industry?
b. What are its primary products?
c. State your corporation's position on the Fortune 500 List for the current year.
d. How large is the company:
_ sales
_ assets
_ employees
e. Where is the company located?
f. Compare your company to its competitors
II. Assess client business risk
a. What are audit and internal control issues?
b. What are the five or six most important factors for success in this business?
c. What are some of legal or regulatory matters that impact your company?
d. What are some of social matters that impact your company?
e. Assess the financial strength of your company.
f. How is the financial strength likely to change in the next year or so?
g. What are its sources of capital and what is the value of the company's capital?
h. What are some foreign currency issues that your company are facing?
i. How is your company performing compare to its competitor?
III. Audit Reports
a. Audit Firm that conducted the audit
b. Audit opinion for the last two years
c. Deficiencies - discuss deficiencies identified during the audit.
IV. Conclusion
Note: The deliverable is to be five to seven pages, double-space, with APA format for citations and references. For information about APA format see page 3 General Rules for an APA Paper.
Using the topics above, prepare a PowerPoint Presentation and post the presentation in the folder.
The slides should discuss the topics listed above. No more than 10 slides, including the title page and reference section.
General Rules for an APA Paper
Use standard-sized paper of 8.5 inches by 11 inches, and always use a 1-inch margin on all sides.
Your paper should always be typed, single-space and in a 12-point font. Times New Roman is one recommended font to use, but you may also use similar fonts. Double-space between paragraph!
Every page of your paper should also include a page header on the top left of the page as well as a page number on the top right of the page.
Sections of an APA Paper
There should be four key sections that you should always include: a title page, an abstract, the main body of the paper and a reference section.
• The Title Page: Your title page should contain a running head, the title of the paper, your name and your school affiliation.
• The Abstract: The abstract is a very short summary of your paper. This section is placed immediately after the title page. According to the rules of APA format, your abstract should be no more than 150 words.
• The Main Body of Your APA Paper: Research accounting and auditing standards and current emerging issues. Write a one- to two-page paper that discusses the impact that regulations, accounting and auditing standards, emerging issues, and the business environment have on audits. The research paper relates current events to textbook topics.
• The Reference Section: The reference section is where you include any and all references that were used to write your APA paper. Remember, if you cited something in the main body of your paper, it must be included in the reference section. This section should begin on a new page, with the word "References" centered at the very top of the page.