Financial Statement Analysis and Report Writing

In the 1990s, many companies implemented enterprise resource planning (ERP) systems to manage their accounting transactions, along with other parts of the business including sales, procurement, manufacturing, and so forth. Following these systems, companies were able to summarize quarterly and annual financial reports more quickly for all of the stakeholders.

• Choose a publicly held company that has existed for at least 10 years starting in 1990, and look up its SEC filings on the SEC Web site (www.sec.gov).
• Collect data on its filing dates over time. Try to find filings before, during, and after ERP systems were implemented. Summarize your findings.
• How would you explain reasons for the company’s revenue and net Income trend to the average personal investor?

In your own words, post a substantive response to the Discussion Board question(s) and comment on other postings. Your response should address the DB question(s) and move the conversation forward. You will be graded on the quality of your postings, including mastery of the concept as well as critical thinking. If asked for your opinion, do not simply state that it is a good or bad idea; elaborate on your reasons and argument. Include enough detail to substantiate your thinking as well as your position on the questions or comments.

20% Collect data on its filing dates over time. 20% Summarize your findings. 20% Explain the reasons for the company’s trend. 20% Comment on at least 2 other students' postings on 2 separate days. 20% For assistance with your assignment, please use your text, Web resources, and all course materials.

Background on Course Research Requirements