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Question 1: Prepare a written analysis of the ?rm's disclosures for each set of accounts covered in the course. We will discuss these issues in class, and the ?nished product to include in your report should be a 4 to 6-page written summary, interpretation and commentary on the information found in the ?rm's footnote disclosures, as well as other information in the lO-K and Proxy Statement of the ?rm. (Do not copy the footnotes and published material - interpret and analyze it!)
Question 2: What entities are included in the ?nancial statements? What items are discussed in the summary of significant accounting policies? What information does the company report on business segments? What classes of stock does the company have? Did the company issue stock during the year? Does the company have treasury stock? Did the company issue a cash dividend - if so, how much? Were there any important subsequent events disclosed?
Financial Statement Analysis and Preparation
Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?
An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.
Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.
This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited
Prepare general journal entries for Goela Ltd
Prepare the journal entry to record the acquisition of the assets.
Prepare general journal entries to record the transactions, assuming use of the periodic inventory system
Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.
Explain the IASB Conceptual Framework's perspective of users and their decisions.
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 .
Computation of Free Cash Flow
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