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An Accounting project that i need help on.  Financial Accounting

FINANCIAL ACCOUNTING TEAM PROJECT REQUIRED: WRITTEN PROJECT 1. Obtain the most recent annual report for TWO companies in the SAME industry. The reports should  contain at least three years of income statement data and two years of balance sheet data. 2. Analyze at least 3 (three) items on the income statement for your base company that would be important  to an investor, and discuss whether  your  company’s performance related to these items appeared to be improving, deteriorating, or remaining stable. Justify your answer. 3. Analyze at least 3 (three) items on the balance sheet for your base company that would be important to an investor, and discuss whether your company’s performance related to these items appeared to be improving, deteriorating, or remaining stable. Justify your answer. 4. Identify 2 (two) items not included in (or derived from) the financial statements that you think would be important to someone considering whether to invest in your company. Discuss your reasons for believing that these two items about the company would be important in making an investment decision. (Hint: you might want to consider items discussed in other business classes.) 5. Compare your base company’s financial statements with those of the second company in the same industry. If you were making a decision to invest in one of the two companies, which company would you choose? Why? (Note: your answer in this section must include some financial issues, but your answer need not be limited to a discussion of financial issues.) Note: 1. You must submit the entire annual report for each company being discussed. 2. Your analysis must include page references to relevant portions of the annual reports, and the relevant portions of the annual reports must be highlighted. Your report must also contain appropriate quotation marks for quoted material and appropriate citations for material taken from sources outside the financial statements. 3. Your analysis is limited to 6 (six) pages, and must be typed, double-spaced, and have 12-point font.
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GRADING RUBRIC The written projects are worth 100 points and will be graded in two phases: First, the projects will be reviewed for compliance with the basic requirements and for composition. Any projects   submitted   without   the   entire   annual   reports   for   both   companies   being   discussed,   without appropriate   page   references   to   the   relevant   portions   of   the   annual   reports,   without   appropriate highlighting of the relevant portions of the annual reports, without appropriate citations for material taken from sources outside the annual reports, and/or with excessive composition errors will have to be resubmitted. Any papers requiring resubmission for the above reasons will be docked a minimum of 40 points out of 100. Second, the papers will be reviewed for content and will be graded using the following rubric 84-100 points: The paper is well written, free of grammatical and other writing errors, and well organized. The report addresses each of the issues specified in the requirements, uses appropriate examples to illustrate concepts discussed, and integrates the annual report data with the narrative. The report focuses on important items, demonstrates a thorough understanding of the relationships among financial statement data, and is cohesive. 66-83 points: The paper generally is well written but may have minor grammatical or other writing errors or lack smooth transitions. The report addresses the issues specified in the requirements, demonstrates understanding, and focuses mainly on important items, but does not fully synthesize the material being discussed, and/or does not integrate the annual report data with the narrative. 48-65 points:  The  paper   does  not  have excessive grammatical   or   other  writing  errors.  The  report addresses the issues specified in the requirements, but demonstrates only moderate understanding, and/or lacks integration. 30-47 points:  The  paper   does  not  have excessive grammatical   or   other  writing  errors.  The  report addresses the issues specified in the requirements, but demonstrates only minimal understanding of one or more of the issues. 10-29 points: The paper is acceptable after initially requiring resubmission due to failure to comply with the basic requirements, excessive composition errors, or failure to demonstrate understanding of two or more of the issues required to be discussed. 0-9 points: The paper fails to meet the basic requirements, has excessive composition errors, and/or fails to  demonstrate  understanding  of   two  or   more  of   the  issues  required  to  be  discussed  after   a  first resubmission.
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Subject: Accounting, Business

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