Locate your selected company's annual report by going to the company's website and looking for an investor
Question:
Locate your selected company's annual report by going to the company's website and looking for an investor or financial information You should access the most recent Form 10K or Annual Report.
Analyze and examine the company's financial statements and derivative footnote. Based on your analysis, create a 2- to 3-page report in a Microsoft Word document, that includes answer to the following questions:
- How is the information related to the company's derivatives presented?
- What types of derivatives does the company uses?
- Why the company uses derivative instruments?
- What is the amount of income or loss recognized in the income statement related to derivatives?
- Does the company have any derivative contracts that do not meet hedge accounting criteria? If so, what are they?
Support your responses with appropriate reasoning and examples.
Cite any sources in APA format.
http://investors.gapinc.com/phoenix.zhtml?c=111302&p=irol-sec&seccat01.1_rs=11&seccat01.1_rc=10&x=28&y=19
Auditing and Assurance Services Understanding the Integrated Audit
ISBN: 978-0471726340
1st edition
Authors: Karen L. Hooks