State the fundamental accounting equation

Assignment Help Financial Accounting

Reference no: EM133716432

Paragraph One - Annual Report

Use Tesla company

State the company, most recent annual report and provide a Link to the annual report - You should be able to google and find the most current annual report e.g. Starbucks 2022 Annual Report.

Explain what type of information is contained in the annual report that would help you decide if this is the right investment for you by examining the company's risk factors. Identify & explain 2 of the most recent risk factors the company is undergoing. Please give specific examples and explain why this information is important to you as an investor?
Paragraph Two - Financial Information

Use Tesla company

State the fundamental accounting equation.
Embed a screenshot of the Balance Sheet & income (earnings) statement for your company in your post - Make sure it is readable.
List two specific examples of an asset and two examples of a liability from your annual report use the balance sheet to find these examples.
Look at the income (earnings) statement - Show the net income (loss) for this year and last year for this company. Calculate the growth rate using this formula [(New year $ - Old Year $) / Old Year $]. You will get a percentage, and yes it can be negative if the earnings went down from last year. Embed the table below in your post.
Net Income (Loss) 2020

Net Income (Loss) 2019

Paragraph Three - Accounting Scandal:

Use Tesla company

Provide a website link to an accounting scandal for your company you selected. The most recent you can find.
Summarize the scandal and in your opinion what could have been done to prevent the scandal? Support your answer.
Cite all articles that you used ,please do not just post the link.

Your initial posting should be at least two hundred and fifty words in length.

Reference no: EM133716432

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