The project involves in-depth analysis of a firm's financial statements and its industry. The project requires...

  

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The project involves in-depth analysis of a firm's financial statements and its industry. The project requires students to obtain annual reports for two companies in a given industry- one to serve as the "base company" and one to serve as the "comparison company." It must be a publicly traded firm applying the IFRS in Banks, Utilities, Oil and Gas, Transportation, and Insurance, (Chapter 12). Obtain the most recent annual reports (2021, 2020, 2019, 2018, 2017), and any other reports (quarters etc.) posted since that time. It is possible to obtain the annual reports on many company's web sites. In order for the analysis to be meaningful, you will need 5 years of accounting data. Then, students are required to analyze key trends in the base company's income statement and balance sheet accounts, to discuss the base company's major sources and uses of funding, to discuss non-financial statement items that would be important to consider before investing in a company in the industry, to compare the base company to another company in the same industry, and to make an investment recommendation. The analysis should include, among other things, liquidity, risk and profitability evaluation for the company. The project develops students' technical knowledge by requiring that students accurately report the changes that have taken place in a particular company's financial accounts, understand the underlying causes of the changes, and understand the relationships among financial statement accounts. The project develops students' critical reasoning skills by requiring that students identify issues that would be particularly important to investors in the industry, assess company performance in regard to those areas, and make and defend investment recommendations. In addition, the project develops students' communication skills by requiring students to prepare concise written reports and to make oral presentations detailing and defending their analyses and conclusions. Required: As financial analyst, you are required to submit a hard and electronic copy of financial statements analysis comparison report for two companies selected by project group in a given industry to: 1. Analyze key trends in the base company's income statement and balance sheet accounts. 2. Discuss the base company's major sources and uses of funding. 3. Discuss non-financial statement items that would be important to consider before investing in a company in the industry. 4. Compare the base company to another company in the same industry and to make an investment recommendation. 5. Accurately report the changes that have taken place in a particular company's financial accounts, understand the underlying causes of the changes, and understand the relationships among financial statement accounts. 6. Identify issues that would be particularly important to investors in the industry, assess company performance in regard to those areas, and make and defend investment recommendations. The project involves in-depth analysis of a firm's financial statements and its industry. The project requires students to obtain annual reports for two companies in a given industry- one to serve as the "base company" and one to serve as the "comparison company." It must be a publicly traded firm applying the IFRS in Banks, Utilities, Oil and Gas, Transportation, and Insurance, (Chapter 12). Obtain the most recent annual reports (2021, 2020, 2019, 2018, 2017), and any other reports (quarters etc.) posted since that time. It is possible to obtain the annual reports on many company's web sites. In order for the analysis to be meaningful, you will need 5 years of accounting data. Then, students are required to analyze key trends in the base company's income statement and balance sheet accounts, to discuss the base company's major sources and uses of funding, to discuss non-financial statement items that would be important to consider before investing in a company in the industry, to compare the base company to another company in the same industry, and to make an investment recommendation. The analysis should include, among other things, liquidity, risk and profitability evaluation for the company. The project develops students' technical knowledge by requiring that students accurately report the changes that have taken place in a particular company's financial accounts, understand the underlying causes of the changes, and understand the relationships among financial statement accounts. The project develops students' critical reasoning skills by requiring that students identify issues that would be particularly important to investors in the industry, assess company performance in regard to those areas, and make and defend investment recommendations. In addition, the project develops students' communication skills by requiring students to prepare concise written reports and to make oral presentations detailing and defending their analyses and conclusions. Required: As financial analyst, you are required to submit a hard and electronic copy of financial statements analysis comparison report for two companies selected by project group in a given industry to: 1. Analyze key trends in the base company's income statement and balance sheet accounts. 2. Discuss the base company's major sources and uses of funding. 3. Discuss non-financial statement items that would be important to consider before investing in a company in the industry. 4. Compare the base company to another company in the same industry and to make an investment recommendation. 5. Accurately report the changes that have taken place in a particular company's financial accounts, understand the underlying causes of the changes, and understand the relationships among financial statement accounts. 6. Identify issues that would be particularly important to investors in the industry, assess company performance in regard to those areas, and make and defend investment recommendations.

Answer rating: 100% (QA)

1 The base company s income statement shows that its revenue has grown steadily over the past five years from 18 billion in 2018 to 22 billion in 2020 Its net income has also grown steadily over the p... View the full answer