Discuss how various stakeholders—internal and external—use information contained in the finance

 

  • Discuss methods used to account for assets, liabilities, and shareholder equity, and explain how the company’s inventory valuation method affects reported results.
  • Explain the company’s approach to internal controls, and assess its compliance with Sarbanes-Oxley.
  • Prepare and interpret the results of horizontal and vertical analyses of the financial statements.
  • Prepare and interpret the results of at least 5 ratios, 1 from each of the following categories:
    • Profit Ratios
    • Debt Ratios
    • Efficiency Ratios
    • Equity Ratios
    • Liquidity Ratios
  • Assess the company’s overall financial performance and the integrity of its internal controls.
  • Discuss how various stakeholders—internal and external—use information contained in the finance