Accounting Assignment
Source of information: Annual Report or Form 10-k(an annual report issued to the securities and exchange commission)(you can tell if it is an annual report it contains an audit opinion from a public accounting firm. You must use an annual report which includes an auditors (or independent registered accounting firm) opinion.
DO NOT USE A TAX RETURN OR OTHER REPORT BY MANAGEMENT AS A SUBSTITUTE FOR THE ANNUAL REPORT.
Specific requirements
1. Describe the type of business products or services, provided by the company.
2. Brief summary of company history (start date, significant changes, since its inception, new additions to company, etc.
3. Amount of the company's assets, net income, owners equity and amount and type of expenses the company had in the year reported, you need to compare them to prior year amount and comment about the change
4. Read the Summary of significant accounting policies (note 1), pick any 3 policies and summarize (ex: "Property, Plant, Equipment"; "Inventory" or any policy mentioned in Note 1.
Describe it indicate how it impacts the financial statement, in addition, select any other footnote you want and do the same thing with it, your paper should include 4 accounting policies of the company.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also include a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also Include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.