How financial statements beneficial to employer or household

Assignment Help Financial Management

Reference no: EM131084841

Tips for Creating Substantive Participation

? Explain why you agree or disagree, and add some examples to support your belief.

? Relate your personal or work experiences to the topic at hand.

? Ask additional questions of your classmates.

? Make connections between the topics at hand and the readings in the text.

? Add ways you can apply the lessons from the class in your work and educational life.

? Please keep in mind, offering direct quotes from sources will not earn a student an 'S' (even if you properly cited the source); a 'U' will be earned.

? Please use your paraphrasing skills when posting a response to discussions (including assignments).

Participation Discussion Question (APA format, 100 words minimum for each question)

• Question 1: Describe the principal-agent relationship. In your answer, give an example of how a principal-agent problem arises in the corporate world. Can such a problem become costly? Explain. Please offer constructive comments and feedback.

• Question 2: What is the goal of the financial manager? Please share your professional experiences or business examples to not only show application of the weekly material, but also to validate your opinions and thoughts of the weekly material as it relates to the question.

• Question 3: In your own words (paraphrasing), what is the difference between finance and accounting.

• How are financial statements (balance sheet,stockholder's equity statement, income statement, and cash flows statement) beneficial to your employer or household? How are these documents helpful to internal and external users of the organization? Please use business examples (i.e. Fortune 500 companies or a personal business of your own) to aid in your response to the questions.

? Accounting and finance are interrelated in a business. Data obtained by the performance of a business is measured and communicated to internal users to create financial information to help managers evaluate, monitor, and predict a business' financial performance.

Here is an article which outlines some basic points of accounting and financial statements using conservative measures.

Class, please share your thoughts regarding the article. Please offer constructive comments.

https://businessjournalism.org/2016/03/financial-statements-measure-wealth-conservatively-2/

? When a finance manager analyzes financial statements, one calculates financial data to interpret financial ratios (i.e. liquidity, asset management, debt, profitability, and market value ratios). As we read, financial ratios are essential business tools, but how is it possible for a financial scandal, for instance Wounded Warrior's Project, to arise if the company's finances are being monitored? Please offer constructive comments and feedback.

? What are your thoughts regarding forecasting? Please explain.

? Based on what you watched within the videos, is calculating percentage changes in financial statements the same as variances? Please explain your answer?

Reference no: EM131084841

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