L9 Notes_Part_6 - Nonfinancial performance indicators...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
Pitfalls of Using Analytical Procedures Simplistic, imprecise, ill-defined expectations. Lack of unbiased, reliable data. Unaudited Volatility in industry or economy, B/S A/Cs Management discretion with account Poor pattern recognition. Incomplete or inconsistent explanation of unusual fluctuations. Undue reliance on information provider explanations .
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Types of Analytical Procedures Comparative financial statements Common size financial statements Ratio analysis Cash flow analysis Regression and time series analysis Bankruptcy prediction (MDA)
Background image of page 2
Background image of page 3
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Nonfinancial performance indicators Competitive benchmarking Comparative Statements HOME DEPOT Comparative Balance Sheets (Condensed) Amounts in Millions 2009 2008 Assets Cash and Cash Equivalents 2,826 $ 2,188 $ Short-Term Investments 26 65 Receivables, net 1,097 1,072 Merchandise Inventories 9,076 8,338 Other Current Assets 303 254 Total Current Assets 13,328 11,917 Property and Equipment, at cost 24,594 20,733 Less Accumulated Depreciation 4,531 3,565 Net Property and Equipment 20,063 17,168 Other Assets 1,046 926 Total Assets 34,437 $ 30,011 $...
View Full Document

This note was uploaded on 10/05/2011 for the course ACG 5637 taught by Professor Monikacaushoulli during the Fall '08 term at University of Florida.

Page1 / 3

L9 Notes_Part_6 - Nonfinancial performance indicators...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online