Find a company's financial statements, using the EDGAR database. Use Excel to create an applicable supporting schedule
Question:
Find a company's financial statements, using the EDGAR database. Use Excel to create an applicable supporting schedule and financial statement(s) that would provide an example of the application of the proposed standard you selected for the company you selected. (On July 15, 2014, FASB proposed bookkeeping guidelines update with respect to improving the introduction of pay explanations.). Ex. if the standard you found included a different method to calculate inventory you would create a worksheet using that proposed inventory method and then show how that change would affected the financial statements of the company you selected from EDGAR. Please cite Resources.
ASSETS | |||||||||||
Current assets: | |||||||||||
Cash and cash equivalents | $ | 547,831 | $ | 52,721 | |||||||
Inventories | 1,089,068 | 921,266 | |||||||||
Other current assets | 84,814 | 89,962 | |||||||||
Total current assets | 1,721,713 | 1,063,949 | |||||||||
Operating lease right-of-use assets | 1,679,054 | 1,202,252 | |||||||||
Property and equipment - net | 721,668 | 849,147 | |||||||||
Deferred income taxes | 15,428 | 4,762 | |||||||||
Other assets | 66,533 | 69,171 | |||||||||
Total assets | $ | 4,204,396 | $ | 3,189,281 |
Systems Analysis and Design
ISBN: 978-1133274636
9th Edition
Authors: Shelly Cashman, Gary B. Shelly and Harry J. Rosenblatt