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can somebody help me with my accounting project a. How do you think management interprets and informs the public of one thing, but your analyses
can somebody help me with my accounting project
a. How do you think management interprets and informs the public of one thing, but your analyses find information that is inconsistent, misleading, contradictory, or absent, leading you to believe the reported figures on the income statement, balance sheet, cash flow statement and related disclosures reveals a side of the financial story management in not focused on? Explain to the best of your ability and include a specific example. To help you understand how to answer this question, Form 10-Ks normally follow specific patterns. It is important to read all three years (2017, 2018 and 2019) to see how management modifies its discussion from year to year. The specific narrative in each section generally does not change too much unless new disclosure requirements or Back to Table of Contents 21 other laws/policies/procedures are enacted. This is often a company's achilles heel. If management is telling the public a similar narrative each year, the charts should show a consistent pattern. If not, something is may not be right. Management may not accurately report what is going on, be focused on what they want to focus on, or they are issuing the wrong figures on their financials. Either way, it is an issue that must be further explored to make good business decisions Step by Step Solution
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