Identify the items that deviate from the typical formats


Discussion

Select a publicly traded company and access its most recent financial statements from its annual report. Examine the balance sheet and income statement for that company, and identify the items that deviate from the typical formats of the classified balance sheet and multi-step income statement that we have examined in class. Find justification in the FASB Codification that supports or contradicts the financial statement presentation, and cite the Codification section so that your classmates can find this information. If there are any items that you see on the financial statements that you do not understand, identify those for your classmates and instructor to provide guidance on. Your initial post should be 250-500, and should demonstrate solid academic writing skills.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Accounting Basics: Identify the items that deviate from the typical formats
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