Reference no: EM13489112

1 Is presentation reasonable? Easy to understand? Are all 5 years, for each statement, on one Excel sheet, one sheet of paper?

2 Does the balance sheet balance?

3 Is retained earnings correct? (Beg Bal + NI - Div = Ending Bal)

4 Did you include an amortization table for the loan? Is interest expense correct on the income statement and the mortgage liability correctly stated on the balance sheet?

5 Are fixed assets done correctly? Is the gross value of NCA constant across all 5 years? Is Net Book Value (NBV) of NCA declining? Is accumulated depreciation shown on the balance sheet (accumulating)? Is depreciation expense correct on the income statement?

6 Have you separated current assets and current liabilities? Classified balance sheet?

7 Is there a table showing your tax expense calculation?

8 Is sales revenue correct?

9 Is there a schedule for CGS and ending inventory balances? Is CGS on the income statement and inventory on the balance sheet correct?

10 Are assumptions reasonable?

11 Is interest revenue reasonable?

12 Did you calculate ratios for all five years? What are the trends? Did you plot the ratios?

13 Did you do a written financial analysis?

Attachment:- Accounting.xls