1. Interpret current performance and cost management techniques
2. Analyze advanced cost / managerial accounting data to use in planning, budgeting, and forecasting
3. Apply advanced financial statement analytical methods including ratio and decision analysis such as Pivot tables (that you must include) to aid in decision-making
4. Discuss ethical concerns and the impact on managerial professionals
For Part 1, you obtained the most current financial statements of a public corporation that you selected in Week 1. The financial statements are typically available in the Investor Relations area of the corporation’s website. For Part 2, you added common-sized income statements and balance sheets. You compared your selected corporation to the industry averages.
For Part 3, you will make any edits suggested regarding your Part 1 and Part 2. You will expand your discussion of how your selected corporation measures up to the industry averages both financially and ethically. Present whether your selected corporation performed above average, average, or below average. Include an explanation of why your selected corporation performed as it did relative to industry averages. Support your explanation with cites to peer-reviewed publications (e.g., news releases found on the corporate website, current news reports about the economy, and/or related issues that might have impacted your selected corporation). Make predictions about your selected corporation’s performance in the next 12 to 36 months. Support your predictions with your analysis plus peer-reviewed publications. Use Google or another search engine to find resources for identifying industry averages and common-size statements relative to the industry within which your selected corporation operates. Identify and discuss the sources that you used including an explanation as to why you used them plus their reliability.
