Posted: February 4th, 2023
Overview: In your final project, you will assume the role of an accountant and complete the year-end adjustment process for your company using a provided workbook. This workbook is the first deliverable (Part I) of your final project. In Part II, you will analyze the provided financials of the same company and create a report documenting your findings.
For this second milestone, you will complete the remaining portion of the final project workbook. Notice that you will be resubmitting the components that you completed for the first milestone. You are expected to make corrections and incorporate the feedback received on Milestone One so that the elements for Milestone Two are based on the correct foundation.
Prompt: Specifically, the following critical elements must be addressed:
I. Prepare a statement of retained earnings by completing the Statement of Retained Earnings tab.
II. Prepare a balance sheet by completing the Balance Sheets tab.
Guidelines for Submission: Complete the workbook tabs and sections described in the prompt above.
Rubric
SOLUTION
For Part II of the final project, you will need to analyze the financials of the same company and document your findings in a report. This will likely involve reviewing the balance sheet, income statement, and cash flow statement to identify any trends or patterns in the financial performance of the company. You may also need to perform ratio analysis or other financial calculations to gain a deeper understanding of the company’s financial health.
Once you have analyzed the financials, you will need to present your findings in a clear and concise report. This may include a summary of your analysis, key insights, and any recommendations for improvement. The report should be well-organized and easy to understand for someone who is not familiar with accounting or finance.
It is important to make sure that your analysis is based on accurate and up-to-date information, and that you have incorporated any feedback received on the first milestone into your work. This will ensure that the final project is of high quality and meets the expectations of your audience.
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