NORDSTROM IS THE COMPANY BEING USED FOR THIS PROJECT. I AM SO LOST CAN SOMEONE PLEASE HELP ME
The "Go See It Project requires you to analyze the accounting for Inventory in a real-world public company and prepare a video documenting the types of inventory your company carries, what accounting policies & procedures are disclosed in the annual report, how inventory is presented in the Financial Statements and your thoughts on appropriate internal control procedures for Inventory. When you are ready to submit your video, it should be uploaded into You Tube and so you can submit a link to the video here in blackboard. Please do not upload the video, only a link to the video. (SEE BELOW for Submission instructions) Your video should include visual charts and data, but should primarily be you presenting the information in a professional, informative, and creative manner. The Company's annual report and your textbook will be the basic reference tools you will use to complete the project. You may utilize information contained online for pictures of inventory or retail storefronts to enhance your video. As you select a Company for this project, first confirm that it is a company that has inventory and make sure it is a Public Company. I suggest you select a couple of companies for your initial research, so you can select the one that works best for you. You will need to obtain the annual report for the public companies you are considering using for this project. You will want to examine the footnote disclosures, the financial statements as well as the management discussion & analysis that relate to inventory. It is very important that you select a PUBLIC COMPANY, otherwise, the information you will need may not be available. Reviewing this information will helped you select a company that you feel you can talk easily about in your Go See It Video. (BUSINESS MEMO) Once you have reviewed the company's annual report and selected a company you would like to use for the project, you will need to submit a BUSINESS Memo to you your instructor for approval. Include the Ticker symbol and the stock exchange on which the selected Company is listed.This BUSINESS memo must identify the company you want to do this project on, and a rationale explaining why you have selected this company. We will not be allowing duplicates so you will want to get your memo in early to assure you get the company you desire. (VIDEO) Once your BUSINESS Memo has been approved for a company, and have completed your research on the accounting policies for inventory of your company it is time to film your video! You will record a short 2-4 minute video of you discussing the accounting policies/internal control procedures for the topic. You need to make sure you include appropriate visual aids to help the viewer understand who this company is, what types of inventory they carry and where inventory is stored. You may find images online and incorporate them into your video. Make sure you rehearse your video, it needs to be professional and you need to be prepared, and after you have recorded it, watch it before submitting to make sure the audio is clear, etc. (VIDEO) Once your BUSINESS Memo has been approved for a company, and have completed your research on the accounting policies for inventory of your company it is time to film your video! You will record a short 2 -4 minute video of you discussing the accounting policies/internal control procedures for the topic. You need to make sure you include appropriate visual aids to help the viewer understand who this company is, what types of inventory they carry and where inventory is stored. You may find images online and incorporate them into your video. Make sure you rehearse your video, it needs to be professional and you need to be prepared, and after you have recorded it, watch it before submitting to make sure the audio is clear, etc. Your video must illustrate that you understand the following items: Accounting Policies & Procedures related to Inventory in the Annual Report for your Company How Inventory is presented in the Financial Statements (include snapshots) Information on Internal Controls that you believe would be appropriate for inventory (include examples) You can also visit YouTube where you will find lots of great Go See It Videos from past semesters for ideas! Be creative and have fun with this assignment!! The "Go See It Project requires you to analyze the accounting for Inventory in a real-world public company and prepare a video documenting the types of inventory your company carries, what accounting policies & procedures are disclosed in the annual report, how inventory is presented in the Financial Statements and your thoughts on appropriate internal control procedures for Inventory. When you are ready to submit your video, it should be uploaded into You Tube and so you can submit a link to the video here in blackboard. Please do not upload the video, only a link to the video. (SEE BELOW for Submission instructions) Your video should include visual charts and data, but should primarily be you presenting the information in a professional, informative, and creative manner. The Company's annual report and your textbook will be the basic reference tools you will use to complete the project. You may utilize information contained online for pictures of inventory or retail storefronts to enhance your video. As you select a Company for this project, first confirm that it is a company that has inventory and make sure it is a Public Company. I suggest you select a couple of companies for your initial research, so you can select the one that works best for you. You will need to obtain the annual report for the public companies you are considering using for this project. You will want to examine the footnote disclosures, the financial statements as well as the management discussion & analysis that relate to inventory. It is very important that you select a PUBLIC COMPANY, otherwise, the information you will need may not be available. Reviewing this information will helped you select a company that you feel you can talk easily about in your Go See It Video. (BUSINESS MEMO) Once you have reviewed the company's annual report and selected a company you would like to use for the project, you will need to submit a BUSINESS Memo to you your instructor for approval. Include the Ticker symbol and the stock exchange on which the selected Company is listed.This BUSINESS memo must identify the company you want to do this project on, and a rationale explaining why you have selected this company. We will not be allowing duplicates so you will want to get your memo in early to assure you get the company you desire. (VIDEO) Once your BUSINESS Memo has been approved for a company, and have completed your research on the accounting policies for inventory of your company it is time to film your video! You will record a short 2-4 minute video of you discussing the accounting policies/internal control procedures for the topic. You need to make sure you include appropriate visual aids to help the viewer understand who this company is, what types of inventory they carry and where inventory is stored. You may find images online and incorporate them into your video. Make sure you rehearse your video, it needs to be professional and you need to be prepared, and after you have recorded it, watch it before submitting to make sure the audio is clear, etc. (VIDEO) Once your BUSINESS Memo has been approved for a company, and have completed your research on the accounting policies for inventory of your company it is time to film your video! You will record a short 2 -4 minute video of you discussing the accounting policies/internal control procedures for the topic. You need to make sure you include appropriate visual aids to help the viewer understand who this company is, what types of inventory they carry and where inventory is stored. You may find images online and incorporate them into your video. Make sure you rehearse your video, it needs to be professional and you need to be prepared, and after you have recorded it, watch it before submitting to make sure the audio is clear, etc. Your video must illustrate that you understand the following items: Accounting Policies & Procedures related to Inventory in the Annual Report for your Company How Inventory is presented in the Financial Statements (include snapshots) Information on Internal Controls that you believe would be appropriate for inventory (include examples) You can also visit YouTube where you will find lots of great Go See It Videos from past semesters for ideas! Be creative and have fun with this assignment
