Homework: Financial Accounting
Case Study: Corporate Annual Financial Report and Financial Statements
Purpose:
The purpose of this individual analysis and oral presentation homework is to help students gain a deeper understanding of the subjects discussed in the textbook chapters. Student will conduct an in-depth study of the financial condition and management practices of a publically-traded company they choose.
Format and Length:
Obtain the most recent annual report of a publicly-traded company online. This can be a company that you want to work for in the future, or a company whose products you use regularly. Company annual reports are normally posted under the "Investor Relations" tab of their web sites.
Complete the following analysis. Submit your analysis through the Upload Box of mywuv course site as a PowerPoint file and be ready to present your findings at the next class.
• List five interesting facts about the company.
• Which auditing firm audited the financial statement? (Use Independent Registered Public Accounting Firm report)
• What asset accounts does the company have? (Use Balance Sheet)
• What are the main liability accounts of the company? (Use Balance Sheet)
• Did the company's total assets increase or decrease from 2020 to 2021? (Use Balance Sheet)
• Did the company's net sales (revenue) increase or decrease from 2020 to 2021? (Use Income Statement)
• Did the company's 2021 cash flow from operating activities increase or decrease from 2020? (Use Statement of Cash Flow)
• Based on the analysis above, did the company's financial condition improved or deteriorated from 2020 to 2021?
Format your homework according to the give formatting requirements:
• The answer must be using Times New Roman font (size 12), double spaced, typed, with one-inch margins on all sides.
• The response also includes a cover page containing the student's name, the title of the homework, the course title, and the date. The cover page is not included in the required page length.
• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.