Financial statements and the accompanying footnotes

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Reference no: EM131006826 , Length:

SEC 10-K report (paper) and the Power Point Presentation on Verizon . 3 - 4 pages single spaced, double space between paragraphs. Page count does not include title page, tables and exhibits, table of contents, and works cited list. title page .bibliography or works cited (business classes use APA format). in text citations (business classes use APA format). tables, and appendixes if you wish to copy and paste financial statements or materials you did not write (these will not be part of the 'page count')

Using the Internet, access the SEC 10-K annual report for Verizon. the SEC 10-K annual report at their company's web site in sections such as About Us and / or Investor Relations. Look for SEC and Annual Filings (you will often find drop down menus to click).

You must research and secure the SEC 10-K Annual Report for the most recent year. Save the file to your computer for access. Do not print as the report is usually 100 pages or more.

Review the Verizon's MD&A as well as financial statements and the accompanying footnotes. Use this information to prepare your "analytic" results.

You may want to seek additional background and comparative data on the business. Yahoo Finance has a "competitors" feature we will discuss in class. The content of your paper should focus on accounting issues and include words used in our accounting, including financial accounting as well as managerial accounting.

An example would be a discussion on inventory: how it is valued, whether there is a WIP account, and other details you learned this semester. Use terms from our accounting and create displays using the SEC 10-K for your company. The use of headings will label the sections in your paper.

You should present inventory turnover, days sales in inventory, days sales in accounts receivable, and other financial analysis from our course, both for the current year and as they relate to changes in accounts from one year to the next. Your goal is to explain the financial statements and the information of the SEC 10-K with the knowledge you know from accounting.

While not explaining every item in the SEC 10-K, your paper should tell a story and illustrate your mastery of accounting terms and concepts. No more than one page should be devoted to your company's history and non-financial information.

A Power Point presentation (no more than 10 slides) will also need to be prepared to cover the highlights of your paper.

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The solution relates to Verizon, and it talks about analysis of the financial statements and the accounting policies. Verizon's MD&A as well as financial statements and the accompanying footnotes have been reviewed and comparison with the competitors have been made. The solution is a 2400 word report plus PPT of 800 Words.

Reference no: EM131006826

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