Order ID:89JHGSJE83839 | Style:APA/MLA/Harvard/Chicago | Pages:5-10 |
Instructions:
ACC 492 Financial Statement Analysis Discussion
You and your team have completed your fieldwork and have a handful of other considerations before you compete the audit and issue your report. These activities are designed to ensure nothing significant has occurred between the completion of your fieldwork and the issuing of the audit report. You are assigned as a senior on the staff, in line to be promoted to manager, to instruct the other staff on the importance of considering contingent liabilities, letters from client lawyers, and subsequent events.
Create a 10- to 12-slide presentation for the staff.
Explain the importance of reviewing for contingent liabilities and subsequent events.
Describe the requirements for reviewing for contingent liabilities and subsequent events.
Financial Statement Analysis Discussion
OPTION #1: FINANCIAL STATEMENT ANALYSIS
As a financial statement analyst, select two organizations (COKE AND PEPSI) the same industry and analyze their financial statements over time. The financial analysis period must be, at a minimum, the three most recent years. Since you will be spending a considerable amount of time on the project, ensure that you pick organizations that interest you.
The Form 10-K reports, which the organizations filed with the SEC, may be the best place to learn about a particular industry, organization, and organizational strategy, and to obtain reported financial statements. The reports are accessible at http://www.sec.gov/edgar.shtml . (Links to an external site.) An alternative means to obtain the report is by clicking on the SEC filings link on an organization’s website to obtain the latest Form 10-K filings. You can also find current stock valuation and other relevant stock information from financial portals such as Yahoo finance, Google finance, and Reuters.
Your Portfolio Project must include the following for the two organizations (see below for more detail):
Executive Summary
Ratio Calculation
Ratio Analysis
Projected financial statements including income statements, balance sheets, and statements of cash flows
Your opinion on the overall financial health of each company
The executive summary should include an explanation of the business itself, background information on each company, including product lines, geographical locations and the company’s position in the industry.
The Ratio Calculations should be done in a table in Excel and included with your submission. The following ratios should be included for each company and for 2 years:
Working Capital
Current Ratio
Total Debt to Total Equity Ratio
Times Interest Earned
RNOA
ROCE
The ratio analysis should include an explanation of the importance of each ratio, what the ratio tells you about each company, how the ratio changes from year to year, and which company appears better based on each ratio.
The Projected financial statements should be done in Excel and included with your submission. *You will need to make necessary adjustments for material non-recurring or unusual income or expenses as well as off-balance sheet assets or liabilities, among others as covered in the course. The adjustment will improve comparability and ensure accurate representation of the organization’s’ economic performance. Be sure to identify important assumptions regarding the companies, industry and business environment, and other important assumptions for estimates and forecasts, including their business strategies.
Your opinion of the overall financial health of the company should reflect everything you have learned throughout the course as to the analysis of financial reporting.
Your submission should include:
The financial statements from the companies you analyzed
The Excel Ratio Table Calculations
The Excel Projected Financial Statements
An 8–10-page paper covering the information listed above
Include the financial statements you analyzed and other information used as exhibits after the reference page.
RUBRIC |
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Excellent Quality 95-100%
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Introduction
45-41 points The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned. |
Literature Support 91-84 points The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned. |
Methodology 58-53 points Content is well-organized with headings for each slide and bulleted lists to group related material as needed. Use of font, color, graphics, effects, etc. to enhance readability and presentation content is excellent. Length requirements of 10 slides/pages or less is met. |
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Average Score 50-85% |
40-38 points More depth/detail for the background and significance is needed, or the research detail is not clear. No search history information is provided. |
83-76 points Review of relevant theoretical literature is evident, but there is little integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are included. Summary of information presented is included. Conclusion may not contain a biblical integration. |
52-49 points Content is somewhat organized, but no structure is apparent. The use of font, color, graphics, effects, etc. is occasionally detracting to the presentation content. Length requirements may not be met. |
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Poor Quality 0-45% |
37-1 points The background and/or significance are missing. No search history information is provided. |
75-1 points Review of relevant theoretical literature is evident, but there is no integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are not included in the summary of information presented. Conclusion does not contain a biblical integration. |
48-1 points There is no clear or logical organizational structure. No logical sequence is apparent. The use of font, color, graphics, effects etc. is often detracting to the presentation content. Length requirements may not be met |
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ACC 492 Financial Statement Analysis Discussion |
ACC 492 Financial Statement Analysis Discussion