During the course you will be required to develop a Course Project having to do with writing
Question:
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During the course you will be required to develop a Course Project having to do with writing notes for the financial statements of a fictitious Company. Create Income Statement, Retained Earnings Statement and Balance Sheet for a fictitious Company. While creating the financial statements make sure that you include relevant items, to be able to write the disclosure notes for the items detailed below. You will hand in the project at the end of Week 7. In order to assist you in writing the notes, as an example the2014 Annual Report of Walmartis made available for you to use. Please go over page # 42 to 45 for Note # 1 " Summary of Significant Accounting Policies" and pages 45-61 for Note # 2 of this report. Although you may use these as an example, you are not to use their actual notes, or the notes from any other company, because this would be considered plagiarism
Your project should consist of, but not be limited to, the items below.
Note 1:Significant Accounting Polices (consisting of at least 10 items) Notes 2?10+:Consisting of at least the items below.
Inventory Property, Plant, & Equipment Contingencies and Liabilities Changes in Accounting Principles or Estimates Post Balance Sheet Events Mergers and Acquisitions Lease Obligations EPS Long-Term Debt Employee Pension Obligations
Guidelines
- The notes will include as "Summary of Significant Accounting Principles" as Note 1.
- The notes will then include detailed information about at least 10 different items that are usually contained in the notes to the financial statements.
- The student will gain experience in writing business topics and the need to have detailed information provided in the notes to the financial statements.
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Intermediate Accounting
ISBN: 978-0132162302
1st edition
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella