ACC/561: Accounting

Week 1 Financial Statements

Assignment Content:

Company: Cubic Corporation Stock Symbol: Go to the company's annual report. Review the data included with the income statement, balance sheet, and statement of cash flow.

• The table of contents for the 10-K is listed on page 28 of the annual report.

Example:

• Financial Statements and Supplementary data begins on page 68.
• Income Statement - page 68,
• Balance Sheet - page 70,
• Statement of Cash Flow - page 72

1. What is an income statement, balance sheet, and statement of cash flow?
2. Review the company's financial statements and accounting data. Explain the information provided by each financial statement and include examples. Explain positive or negative trends. How does this impact the business?
3. If you were an investor which financial statement AND accounts would you review? Why?
4. If you were a member of the management team which financial statement AND accounts would you review? Why?

Resources:

• Cubic Corporation Annual Report
• Investor Relations - Cubic Corporation