•Select a company of your choice, and review a Form 10-K filed with the SEC. Communicate with your group to ensure that each group member reviews a different company.
•Prepare a paper of 5–7 pages on the following:
◦What type of segment reporting is required of annual financial statements, as defined by FASB Statement No. 131?
◦Compare these requirements to the financial information and disclosures included in Form 10-K of the company you selected.
◦Are they adequate? Why or why not?
◦Analyze the strengths and weaknesses of the Form 10-K information and disclosures in terms of whether they provide relevant and reliable information to investors.
◦Note any areas for improvement you may see.
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