Financial accounting team project

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Reference no: EM132203591

FINANCIAL ACCOUNTING TEAM PROJECT

REQUIRED: WRITTEN PROJECT

1. Obtain the most recent annual report for TWO companies in the SAME industry. The reports should contain at least three years of income statement data and two years of balance sheet data.

2. Analyze at least 3 (three) items on the income statement for your base company that would be important to an investor, and discuss whether your company's performance related to these items appeared to be improving, deteriorating, or remaining stable. Justify your answer.

3. Analyze at least 3 (three) items on the balance sheet for your base company that would be important to an investor, and discuss whether your company's performance related to these items appeared to be improving, deteriorating, or remaining stable. Justify your answer.

4. Identify 2 (two) items not included in (or derived from) the financial statements that you think would be important to someone considering whether to invest in your company. Discuss your reasons for believing that these two items about the company would be important in making an investment decision. (Hint: you might want to consider items discussed in other business classes.)

5. Compare your base company's financial statements with those of the second company in the same industry. If you were making a decision to invest in one of the two companies, which company would you choose? Why? (Note: your answer in this section must include some financial issues, but your answer need not be limited to a discussion of financial issues.)

Note: 1. You must submit the entire annual report for each company being discussed.

2. Your analysis must include page references to relevant portions of the annual reports, and the relevant portions of the annual reports must be highlighted. Your report must also contain appropriate quotation marks for quoted material and appropriate citations for material taken from sources outside the financial statements.

3. Your analysis is limited to 6 (six) pages, and must be typed, double-spaced, and have 12-point font.

Reference no: EM132203591

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