Tesla Inc. prepares its financial statements according to U.S. GAAP. Tesla's financial statements and disclosure notes...
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Tesla Inc. prepares its financial statements according to U.S. GAAP. Tesla's financial statements and disclosure notes for the year ended December 31, 2022, are in the company's annual report. Required: 1. Give an overview of the company: When was the company founded? Who founded Tesla? Where does the company operates (Territories)? Number of employees. Sources of revenue (Please provide an overview of each revenue sources). 2. What amounts did Tesla report for the following items for the year ended December 31, 2022? A. Total Revenues B. Income from Current Operations C. Net Income or Net Loss D. Total Assets E. Total Equity 3. What is Tesla's fiscal year-end? 4.Tesla's Current Ratios 2022 vs. 2021 5. Regarding Tesla's audit report: A. Who is Tesla's auditor? B. Did Tesla's receive a "clean" (unmodified) audit opinion? C. How many critical audit matters were discussed in Tesla's audit report? The case study will be covered in class. In order to have a very substantive discussion each student is required to submit a brief of the case study prior to the actual class discussion. The summary response must have a background, comprehensive synthesis, and conclusion of the case. The summary is a 2-3 page paper submitted to instructor prior to the start of the class. Keep the similarities below 15%. The case brief must be in an APA format (Follow Syllabus Guidelines). You are allowed submission have three attempts for this case study. Tesla Inc. prepares its financial statements according to U.S. GAAP. Tesla's financial statements and disclosure notes for the year ended December 31, 2022, are in the company's annual report. Required: 1. Give an overview of the company: When was the company founded? Who founded Tesla? Where does the company operates (Territories)? Number of employees. Sources of revenue (Please provide an overview of each revenue sources). 2. What amounts did Tesla report for the following items for the year ended December 31, 2022? A. Total Revenues B. Income from Current Operations C. Net Income or Net Loss D. Total Assets E. Total Equity 3. What is Tesla's fiscal year-end? 4.Tesla's Current Ratios 2022 vs. 2021 5. Regarding Tesla's audit report: A. Who is Tesla's auditor? B. Did Tesla's receive a "clean" (unmodified) audit opinion? C. How many critical audit matters were discussed in Tesla's audit report? The case study will be covered in class. In order to have a very substantive discussion each student is required to submit a brief of the case study prior to the actual class discussion. The summary response must have a background, comprehensive synthesis, and conclusion of the case. The summary is a 2-3 page paper submitted to instructor prior to the start of the class. Keep the similarities below 15%. The case brief must be in an APA format (Follow Syllabus Guidelines). You are allowed submission have three attempts for this case study.
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Tesla Inc Case Brief 1 Company Overview Founded 2003 Sources may vary on exact date Founders Elon Musk JB Straubel Martin Eberhard Current CEO Elon Mu... View the full answer
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