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Assignment: Select a publicly traded company and access its most recent financial statements from its annual report. Examine the balance sheet and income statement for that company, and identify the items that deviate from the typical formats of the classified balance sheet and multi-step income statement that we have examined in class. Find justification in the FASB Codification that supports or contradicts the financial statement presentation, and cite the Codification section so that your classmates can find this information. If there are any items that you see on the financial statements that you do not understand, identify those for your classmates and instructor to provide guidance on. Your initial post should be 250-500, and should demonstrate solid academic writing skills. For academic purposes do not use the following websites for assignments. Find peer-review articles to cite. Should be in APA format.
Accounting tools
Accounting explained
Investopedia
Chron
The balance.com
Accounting for dummies
Any type of dictionaries
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