Order ID:89JHGSJE83839 | Style:APA/MLA/Harvard/Chicago | Pages:5-10 |
Instructions:
Equity Method of Accounting Versus Consolidation Assignment
Reporting of investments based on cost/equity
Goodwill reporting
Intercompany and intracompany transactions
Access the company’s Web page on the Internet to read its most recent annual report. The annual report is typically found in an “Investor Relations” or “Company Information” section within the company’s Web site. If the company does not provide a full annual report, select another company for your project. Verify that the full annual report includes the following:
A letter or report to shareholders from the president of the company
A section providing management’s discussion and analysis of the business
A report from the auditor
The company’s financial statements
Supplemental notes to the financial statements
Once you have found a full annual report, complete each part of the assignment.
Please cover all of the items listed in the questions below. You can select more than 1 company if your chosen company does not have all the items listed below.
Using the financial statements of your company (or companies), write a 1,000–1,500-word paper that addresses the following questions:
What GAAP principles govern the consolidation of financial statements?
How are consolidated and equity methods of accounting different?
What investments has the company made in affiliated companies? Examine its footnotes.
Comment on the accounting for investments in affiliated companies after looking at the footnotes.
List the investments it has.
Does it use cost basis or equity method of accounting, or both?
When do you use the equity method of accounting?
Goodwill is the difference between the acquired assets and acquired liabilities.
(Find a company that has goodwill). Examine the balance sheet and the footnotes. What is the goodwill related to?
What FASB covers the reporting and accounting of goodwill?
What is the difference between old goodwill reporting and new goodwill reporting?
Equity Method of Accounting Versus Consolidation Assignment
RUBRIC |
||||||
Excellent Quality 95-100%
|
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. |
|||
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. |
|||
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 |
|||
You Can Also Place the Order at www.collegepaper.us/orders/ordernow or www.crucialessay.com/orders/ordernow
Equity Method of Accounting Versus Consolidation Assignment |
Equity Method of Accounting Versus Consolidation Assignment