Question
Invest time reviewing/going through the Ford Motor Company 2021 annual report, and prepare a summary list noting areas within the report, where the accounting items
Invest time reviewing/going through the Ford Motor Company 2021 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 securities market.
1. Liabilities:
Ford Motor Company Accounting 104 Extra Credit Project 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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