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Objectives- Assess the financial reporting landscape considering user needs, constraints, and business environment.- Identify the issues.- Analyze the issues (qualitatively and quantitatively).- Provide a recommendation and conclusion.
Instructions- Review the case which follows below.- Develop a formal response to the problem(s) posed in the case.- Marks will be assigned based on completing the objectives (noted above). A heavy weighting (>70%) will be placed on analyzing the issues (quantitatively and qualitatively). o There is no set length to the report but clear, succinct, and concise language and organization will be considered favourably in the grade.o Please submit the final report as a Word document.
Prepare the report. It is to include, organized and presented in a logical manner- quantitative analyses;- ratio analyses;- qualitative analyses; and- appropriate recommendations given the case facts and analyses completes.
Attachment:- Average Joes Gym.pdf
Financial Statement Analysis and Preparation
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T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .
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