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My company is HCA (Hospital Corporation of America) and I need help answering this question. Compare your readings of managements assertions and your findings of
My company is HCA (Hospital Corporation of America) and I need help answering this question.
- Compare your readings of managements assertions and your findings of your vertical, horizontal, ratio and chart analysis. You may find that managements discussion focuses on certain areas. They may be avoiding a discussion in other areas that you and others deem important to learn about. They may be transparent one year, and not as transparent the next year, and vice-versa. Your vertical, horizontal and/or ratio analyses may indicate one thing, but not what management is focusing on, causing what appears to be inconsistencies in how information is presented.
- 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.
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