The objective of this task is to research a firm using information it provides in its annual
Question:
The objective of this task is to research a firm using information it provides in its annual report and to determine if the report contains enough information to make an informed decision about investing in its stock. Identify a publically traded company and review a copy of its annual report either from the company’s website or from www.kiplinger.com/go/freeannualreports. Based on your careful review, prepare a report that includes the following:
1. A description of the business activities.
2. A discussion of the general business strategy.
3. The company’s outlook.
4. Risk factors.
5. A summary of the auditor’s report including its significance.
6. Discuss any items you identify as relevant to an investing decision. Based on your review of the report, do you have enough information to determine if this company’s stock is currently investment worthy? What additional information would you secure, if any, and why?
Financial Accounting A User Perspective
ISBN: 978-0470676608
6th Canadian Edition
Authors: Robert E Hoskin, Maureen R Fizzell, Donald C Cherry