Comparative Financial Statement Analysis Project

1. Are there any accounting policies between Boeing and Lockheed Martin that significantly differ enough to create comparability concerns for investors?

2. What are some significant accounting policies that investors should be aware of? 3. Please review the company's inventory accounting policies in detail. What is method(s) of inventory accounting being used for each company? What impact does this accounting policy have on the company's financials? (Note: if your company doesn't sell inventory, please answer this question in a general sense - do not skip it). 4. Please review the company's depreciation accounting policies in detail. What method(s) of depreciation is being used for each company? Does the company have specific assets that have large useful life differences compared to their competition? What impact does this accounting policy have on the company's financials?