Question
In Google, type in: Amazon.com, Inc. - Annual reports, proxies and shareholder Upon opening this link, you will have access to a tremendous amount of
In Google, type in: Amazon.com, Inc. - Annual reports, proxies and shareholder
Upon opening this link, you will have access to a tremendous amount of information covering Amazon, including the companys 2020 annual report and the annual letter to shareholders from Mr. Bezos.
Invest time reviewing/going through the 2020 annual report, and prepare a summary list noting areas within the report, where the accounting items listed on the next page have been reported and/or disclosed. Indicate their dollar amounts when applicable.
List as many areas as you can, therefore, its important that you spend time going through the entire annual report document.
When I say the entire document, it is very lengthy, therefore I do not mean you are required to read it word for word. Instead, you should spend time going through it, diving a little deeper into areas that catch your attention.
This is intended be a fun and informative project by having you step away from your textbook and see firsthand, the amazing amount of financial information and disclosures required by a real-world company that is publicly owned and traded in the highly regulated stock market.
You will receive 25 add back points by demonstrating from your written comments and observations, that you took the time to dive into to the annual report document. The whole idea here, is to get you out of the textbook for a short-time and into a real-world companys financial matters.
1. Liabilities:
Current Liabilities
Contingencies - loss/gain
Long-term debt
2. Common stock: shares authorized, issued, outstanding, stated or par value
Treasury stock held and/or reissued
Additional paid in capital
3. Investments:
Short-term - trading, available for sale
Long-term - available for sale, held to maturity
Fair Value Adjustment Account
4. Revenue reporting methods:
Financial statements
Income tax returns
5. Earnings per share information:
Weighted number of shares
EPS Basis vs. EPS Diluted
6. Deferred Tax and Income Tax Payable
Deferred Tax Liability/Deferred Tax Asset
Income Tax Currently Payable
7. Pensions:
Pension asset
Pension liability
8. Accounting changes and/or accounting errors
9. Cash Flow
Operating Activities
Investing Activities
Financing Activities
Net increase/decrease in cash
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