Project 1:

Ellingwood and Awesome, LLC....the great CPA firm you have worked for all semester has just completed a financial audit of XYZ company. You are now the Audit Manager (Wow, congrats on your fast-track promotion!) and have to present to the XYZ Company Board of Directors on the financial status of the Company.

1. Using Yahoo Finance, select a publicly held company (XYZ Company now has a name) and review the past 3 years of balance sheets, income statements, and statement of cash flows, as well as the associated footnotes.

2. Using the past three of financial reports, compare the results and provide an analysis of the trends you notice. Cash, AR, revenue, sales, etc., whatever you think is relevant.

3. Using the ratios covered in class, calculate the results of the multiple years and provide them as back up to your analysis for the analysis complete in 2. above, or complete further analysis from the results. What do the results tell us about the company? What is good, what is concerning?

4. Provide guidance and recommendations. Are there market trends the Board should be aware of? Are there larger issues at stake, such as economic factors to consider?

4. Be creative. The assignment is somewhat vague in direction on purpose. Provide a presentation that you would present to the Board as your final product. This may be a video of you giving the presentation, a power point, or some other means to present the results. What I do not want to see is just a paper in a typical report format.https://www.marketwatch.com/investing/stock/wmt/financials/balance-sheet