For this 4-5 page project, you will create the Financial Highlights, Presidents Letter to the Stockholders and
Question:
For this 4-5 page project, you will create the Financial Highlights, Presidents Letter to the Stockholders and Management Discussion and Analysis reports that would be contained in a company’s annual report.
Companies normally issue these reports to the stockholders and other interested parties. These reports summarize the company’s operating activities for the past year and plans for the future. There are many variations in the order and form for presenting the major sections of the annual report.
Each week you will be addressing a different aspect of accounting and the business planning process. In the final project, you will use information gained from the weekly projects along with information obtained through research. These reports will be completed in Microsoft Word following APA format, and will require you to disclose your references. VERY IMPORTANT NOTE: For purposes of this Final Project, you will use the Financial Data and ratios for the “Rainbow Paint Company.” This data is found in Unit 4 and is the “Review” problem. That data includes a Comparative Balance Sheet, Income Statement and Statement of retained Earnings. You were given an opportunity to complete 19 different ratios for the Practice Set. All of that information is available for inclusion in this Final Project. You will NOT be using the Quixote Company data in this Final Project. The “Rainbow Paint Company” financial data and ratios will offer a much broader opportunity to present a more robust Annual Report than the Quixote Company data would. The Rainbow Paint Company data includes a full set of comparative financial statements for 2 years, whereas the Quixote Company data only presents start-up data for one month of operation.
Assignment checklist
1. Presidents Letter to the Stockholders
2. Financial Highlights
3. Management Discussion and Analysis
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
Step by Step Answer:
Accounting for Governmental and Nonprofit Entities
ISBN: 978-0078025822
17th edition
Authors: Jacqueline Reck, Suzanne Lowensohn, Earl Wilson