Annual Report Project - Section 1
Maree29
ACC-616-AnnualReportProject.pptxACC-616-O500
Grand Canyon University
Dr. Elaine Gregory, CPA, CFE
Financial Research and Compliance
Annual Report Project
https://www.loom.com/share/3860b476336d469f85c1fde2d0e98b22
We are called to witness the depth of both the wisdom and knowledge of God Romans 11:33
Overview of Annual Report Project
Choose 1 of the following 5 companies for your project:
Amazon.Com, Inc
Microsoft Corporation
Exxon Mobil Corporation
General Motors
Nordstrom, Inc.
Each company has a balance sheet that contains inventory and sells a product
Links for SEC10K Reports:
Amazon.Com, Inc.
Fiscal Year Ended 2019 SEC 10K Report: https://www.sec.gov/ix?doc=/Archives/edgar/data/1018724/000101872420000004/amzn-20191231x10k.htm
Fiscal Year Ended 2018 SEC 10K Report: https://www.sec.gov/Archives/edgar/data/1018724/000101872419000004/amzn-20181231x10k.htm
Microsoft Corporation
Fiscal Year Ended 2019 SEC 10K Report: https://www.sec.gov/Archives/edgar/data/789019/000156459019027952/msft-10k_20190630.htm
Fiscal Year Ended 2018 SEC 10K Report: https://www.sec.gov/Archives/edgar/data/789019/000156459018019062/msft-10k_20180630.htm
Exxon Mobil Corporation
Fiscal Year Ended 2019 SEC 10K Report: https://www.sec.gov/ix?doc=/Archives/edgar/data/34088/000003408820000016/xom10k2019.htm
Fiscal Year Ended 2018 SEC 10K Report: https://www.sec.gov/Archives/edgar/data/34088/000003408819000010/xom10k2018.htm
Links for SEC10K Reports:
General Motors
Fiscal Year Ended 2019 SEC 10K Report: https://www.sec.gov/ix?doc=/Archives/edgar/data/1467858/000146785820000028/gm201910k.htm
Fiscal Year Ended 2018 SEC 10K Report: https://www.sec.gov/Archives/edgar/data/1467858/000146785819000033/gm201810k.htm
Nordstrom, Inc.
Fiscal Year Ended 2020 SEC 10K Report: https://www.sec.gov/ix?doc=/Archives/edgar/data/72333/000007233320000078/jwn-212020x10k.htm
Fiscal Year Ended 2019 SEC 10K Report: https://www.sec.gov/Archives/edgar/data/72333/000007233319000060/jwn-222019x10k.htm
Deliverables = 70% of your grade
| Week and Section | Deliverable |
| Week 1, Section 1 | Overview of the Company (see specifics) Press release/article |
| Week 2, Section 2 | 4 Key points of MD&A Accurate reflection of financial results |
| Week 3, Section 3 | Horizontal and Vertical Analysis over 3 years Summarize Strengths and Weaknesses Analysis of Trends or Rationale Excel spreadsheet |
| Week 4, Section 4 | Ratio Calculations Summarize Strengths and Weaknesses Analysis of Trends or Rationale Excel spreadsheet |
| Week 5, Section 5 | Ratio Calculations Summarize Strengths and Weaknesses Analysis of Trends or Rationale Excel spreadsheet |
| Week 6, Section 6 | Pic three topics Summary of topic & significance to GAAP Summary of financial impact (BS and IS) Summary of disclosure |
| Week 7, Section 7 | Topics selected from Week 6, Section 6 Rewrite the Notes to Financial Statement – in your own words! |
| Week 8, Final | Using sections from Weeks 1, 3, 4, and 5 Industry analysis including ratios Investment Recommendation |
Excel Spreadsheet
Will be provided to you for completion
You will submit the same document as each section will have an individual tab.
First Tab will be your Financial Information for your company
This will be provided to you to guide you in your work
For each worksheet, you will need to include your ‘references’ from your data source.
This is a sample of what your reference will look like. You will substitute your company reference
Specifics of the Project
Background of Company and Competitors
Press release and financial significance to the company
Key points in the MD&A (Management Discussion & Analysis)
Horizontal and Vertical Analysis – Strengths/Weaknesses and Rationale
Liquidity, Coverage, Activity, Profitability Ratios - Strengths/Weaknesses and Rationale
Topics from the F/S with Discussion and Summary & Rewrite the Notes in your own words
Recap project to date and incorporate Competitor and Industry Analysis
Sources: Appropriate versus Not Appropriate
Appropriate
Practitioner Magazines,
Government/Trade Sites
Corporate Websites
Textbooks,
Texts from Credible Authors,
Scholarly Peer-Reviewed Journals,
NOT Appropriate
Wikipedia, Investopedia, Motley Fool, Technopedia
ANY Open source, lacking expert review
Caveat: If the site has a reference cited, you can look ‘that’ source up and use it if it is correct.
CourseHero, Scrib.com, Chegg.com (plagiarism)
APA !
Article from the Web where there is an ‘Author’:
Rivas, T. (2020, June). Starbuck’s sales are coming back, but the outlook is worse than feared. Barron’s. Retrieved from https://www.barrons.com/articles/starbucks-earnings-were-worse-than-expected-so-is-the-outlook-51591795658
Article from the Web where a company is the ‘Author’:
Starbucks Company (2020, June). Starbucks publishes 2019 global social impact report. Retrieved from https://stories.starbucks.com/stories/2020/starbucks-publishes-2019-global-social-impact-report/
Another Example:
Starbucks Company (n.d.). Company Information. Retrieved from https://www.starbucks.com/about-us/company-information
Italicize the website
Italicize the article name
Journal entry from a journal or magazine:
Phua, F. T. T. (2018). The role of organizational climate in socially embedding construction
firms’ sustainability goals. Construction Management & Economics, 36 , 409–421.
doi:10.1080/01446193.2018.1424348
SEC 10-K Report: (Starbucks Corporation)
U.S. Securities and Exchange Commission (2018). 2018 Annual SEC Form 10-K Report,
Starbucks Corporation. Retrieved from:
https://www.sec.gov/Archives/edgar/data/829224/000082922418000052/sbux -
9302018x10xk.htm
Textbook
Young, S. D., Cohen, J., & Bens, D. A. (2019). Corporate financial reporting and analysis: A
global perspective. (4th ed.). Hoboken, NJ: John Wiley & Sons Inc
Website
Vargas, C. (2019). Costco (COST) Shares see tepid movement after concluding fiscal 2019.
Yahoo Finance.com. Retrieved from https://finance.yahoo.com/news/costco -cost-shares-
see-tepid-205708883.html
