ACC 561 Week 1 Financial Statement Review
ACC 561 Week 1 Financial Statement Review
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Option 1:
1. Select an American corporation.
2. Visit its website and download the Income Statement, Statement of Stockholders Equity, Balance Sheet, and Statement of Cash Flows.
3. Complete the University Material: Financial Statement Review Worksheet.
4. Submit the completed worksheet, copies of the downloaded financial statements, and a link to the website. Include all your calculations if applicable.
5. Click the Assignment Files tab to submit your assignment.
Option 2:
1. Create a table that lists each type of financial statements - income statement, balance sheet, cash flow statement and statement of equity under Column.
2. Add two columns. Column 2 should be labeled "Purpose" and Column 3 should be labeled "Users".
3. Complete the table. Under Column 2 explain the purpose and content of each statement. Under Column 3 list the users of each and explain how they would use such statements.
4. Click the Assignment Files tab to submit your assignment.
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