Week 2 Discussion - Acct

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Week 2 Discussion - How Corporate Events Impact Financials

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· Apa 6th

No financial decision-maker should ever rely solely on the financial information reported in the annual report to make decisions. It is important to keep abreast of financial news. This activity demonstrates how to search for financial news on the Internet.

Address:  http://biz.yahoo.com/i or go to www.wiley.com/college/kimmel

Steps:

1. Type in either Wal-Mart, Target Corp. or Kmart

2. Choose News

3. Select an article that sounds interesting to you and that would be relevant to an investor in these companies.

Instruction:

Assume you are a personal financial planner and that one of your clients owns stock in the company. Share with us a summary of the article and explain the implications of the article on the financials and ultimately your client's investments.

Your initial post should address the main question. Then you must respond to a minimum of two posts of your fellow students.

· Provide additional information to the discussion that would be informative;

· Elaborate and expand on previous comments from others;

· Present explanations of concepts or methods to help fellow students;

· Present reasons for or against a topic in a persuasive fashion;

· Share your own personal experiences that relate to the topic;

· Share a URL website with other students as an explanation for an area you researched on the Internet.

Course Reference:

Text: Financial Accounting: Tools for Business Decision Making Author: Kimmel, Weygandt, Kieso Publisher: Wiley Ed/Year: 7th/2013 ISBN-13 (hard cover): 978-1118162286 ISBN (e-text): 978-1118562178