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The company is PFIZER SCENARIO: You are a new hire for a major corporation, completing your eight-week rotation relating to accounting, financial reporting, budgeting, cost

The company is PFIZER

SCENARIO: You are a new hire for a major corporation, completing your eight-week rotation relating to accounting, financial reporting, budgeting, cost control, and profit maximization. As part of your rotation you are learning how accounting information is used by managers throughout the organization to make managerial decisions. This report will address the below topics, providing senior management a report introducing, explaining, and providing analysis of the financial reports. Assume senior management does not understand basic accounting concepts and unable to read and interpret the reports without your assistance. Incorporate and explain accounting concepts learned within the course material (readings and discussions) along with financial analysis as completed within the SEC10K discussion posts.

REQUIREMENT: Prepare a report for your chosen corporations senior managers to interpret and explain the SEC10K financial reports. The report should be one to two full in pages in length: single spaced, 12 pt. font, one-inch margins, and in your own words. Make note of the grading rubric which requires you to address project questions, display critical thinking, analysis, research, application of course concepts, write in your own words, and demonstrate a high degree of effective communication (i.e., formal business writing with proper grammar and punctuation).

Overall your goal for Project One is to read the Management and Analysis and introductory pages of your SEC 10-K to learn more about your company and the information reported. Incorporate concepts from the course readings.

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