Describe the companys approach to internal controls

Assignment Help Accounting Basics
Reference no: EM131168588


You will analyze the FORD MOTOR company's financial performance, highlighting accounting principles and methods learned in this course. 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.

Submitting your assignment in APA format means, at a minimum, you will need the following:

Title page: Remember the running head and title in all capital letters.

Body: The body of your paper begins on the page following the title page and it must be double-spaced between paragraphs. The typeface should be 12-pt. Times Roman or 12-pt. Courier in regular black type. Do not use color, bold type, or italics except as required for APA level headings and references. The deliverable length of the body of your paper for this assignment is 5-6 pages. In-text academic citations to support your decisions and analysis are required. A variety of academic sources is encouraged.

Reference page: References that align with your in-text academic sources are listed on the final page of your paper. The references must be in APA format using appropriate spacing, hang indention, italics, and upper- and lower-case usage as appropriate for the type of resource used. Remember, the reference page is not a bibliography, but it is a further listing of the abbreviated in-text citations used in the paper. Every referenced item must have a corresponding in-text citation.

Appendices: Include the last 2 years of the company's published financial statements.

Reference no: EM131168588

Determine what your state income taxes

Determine your total taxes paid based on the above calculations, and determine the percentage of income that you would pay in taxes based on the following formula:Total taxes

What will the total pressure become

The partial pressures of gas A and gas B, respectively, are 0.244 atm and 0.674 atm. If 0.120 mol of a third gas is added with no change in volume or temperature, what wil

Effect of the refund on yellow tax liability

Yellow's taxable income in 2010 was $70,000, and in 2011 Yellow's taxable income was $20,000 after deducting the refund. The applicable tax rate schedule is 15% on the first

Year-end lease payments

Roscoe Company entered into a lease of special equipment to Mac Company. The lease term was six years. The equipment cost Roscoe $40,000 and Roscoe plans to earn a $4,000 de

Analyze whether the investment in the truck is profitable

Explain why limited leverage is good for business.Show the profitability of the project so that Stephanie can convince her father to purchase the truck by borrowing money.

Cash flows from investing and financing activities

Looking forward to next year, if Baldwin's current cash amount is $20,201 (000) and cash flows from operations next period are unchanged from this period and Baldwin takes

True difference between the unemployment status

In connection with (ii) above, if it is desired to determine any true difference between the unemployment status of this University's alumni to within ±0.5% with 95% con?den

Future value of the cash flows five

Requirement 1: If today is Year 0, what is the future value of the cash flows five years from now? (Do not include the dollar signs ($). Enter rounded answer as directed, bu


Write a Review

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd