(Adidas) (Due March 25th 2016) Finanical Analysis Report Accounting 1105

Select a publicly traded company whose stock is traded on a United State stock exchange and obtain the most current annual report about the company you have selected. Prepare a financial analysis report. The general format of the report should include, but is not limited to, the following:

1. Intoduction - 3/4 to 1 page (10 points)

This should basically describe the company, their products, their strengths, their weakness, and other general information.

2. Accounting methods and principles used (20 points) - Summary of Significant Accounting Principles

Identify and describe at least four the different accounting methods used for such things as methods of depreciation, inventory valuation, revenue recognition, retirement obligations, estimating receivables, lease obligations, and contingent liablilties.

3. Financial Statement Analysis (20 points)

Identify the major components of the company's:

-Assets: Current, Non-current, Investments, Total Assets

-Liabilites - Current vs. Non-current

-Description of ownership including but not limited to an explanation of accounts in stockholder's equity (stock, retained earnings, paid-in-capital, treasury stock, etc.), types of stock authorized and issued and Treasury Stock, if any

-Net Income

--Identify the primary source of income

--Identify the highest dollar value expense accounts

-Change in Cash Flow (operating , financing, investing, net change to cash)

4. Financial Evaluation: Evaluate your company through ratio and comparison analysis (30 points)

-Calculate working capital, current ratio, and at least two more ratios (8 points)

-Prepare a horizontal analysis (10 points) and a vertical analysis (10 points) of both the balance sheet and income statement

-Comment on the financial outlook, strength, and liquidity position of your company . (2 points)

5. Describe the results of the Independent Auditors Report and what their opinion means. (5 points)

6. Conclusion (10 points)

In one or two paragraphs, describe your opinion of your company. Is the company in a strong financial or liquid position? Are they growing? Are they preparing for the future? Would this company be a good stock investment? Do you have any concerns about particular aspects of this company?

*The link below is where you can order the Annual Report (Copy and Paste) or you can go to Google and type in "Order Annual Report"* (Adidas)

https://www.orderannualreports.com *Directions Below*

1. Choose Your Industry (Sports, Leisure and Entertainment) (Adidas)

2. Enter Your Info (Name and Email)

3. Receive Your Report *Check Your Junk and Spam Mail it will be in one of the two*

*Please let me know if there are any problems thank you very much for your help*