principle of accounting 5
Assignment 2: Discussion—Financial Statements
Access an overview of your course project.
By the due date assigned, respond to the following in the Discussion Area below:
This module you are learning about the four required financial statements and what each tells the user about a company. Locate three publicly traded companies’ financial statements. Discuss the companies you located and describe what each of the four required financial statements tells you about the company. Also, briefly describe at least two interesting pieces of information located in the notes following the financial statements.
You are looking for a company’s annual report. There are many reports filed by companies each year. The annual report is called the 10K. There are several ways to locate financial statements. You can go to the company’s website and look for financial or investor information. You can go directly to the company’s filing section of the SEC website. You can also use the Argosy University online library resources. The library subscribes to Hoover’s database, which contains companies’ financial filings. This site is easier to use than the SEC website. You locate the filings by going to the Argosy University online library through the Academic Resources page under the top-navigation Help menu. Then follow these steps:
Click on Library -> Launch Library -> Business -> Hoover’s Academic -> Continue -> All Categories -> type the name of your chosen company -> Financials -> SEC filings
Note: If there is no link to SEC filings, the company is not a public company and you may not use it for this project.
Be sure to cite any sources using APA style. You may use this APA Citation Helperas a guide.
Through the end of the module, provide substantive responses to at least two other students’ initial posts, as well as any posts to you by your instructor. Be sure to post to the Discussion Area on two different days to meet your weekly attendance requirement.