Introduction and purpose

The financial reporting project $($FRP$)$ for this term requires that you explore and analyze the annual report and other financial information for two major corporations. This semester we will focus on the $2023$ annual reports for GAP Inc. and The TJX Companies, Inc.. companies.

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The main purpose of the FRP is for you to be exposed to "live" financial information in its most accessible formats. You will immediately notice that the terminology and presentation styles vary from company to company. You will have an opportunity to recognize, utilize, and apply the accounting concepts you have learned in class and from what you have read from your book. A second purpose of the FRP is to give you the opportunity to explore some of the financial and business resources that are readily available to the public. Because of the nature of this course, the FRP has been designed to take advantage of Internet resources.

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You can find the reports on the company$$s websites.$$ Annual reports have personalities$-$ and I think that shows through more clearly in the printed material.