Annual report: notes to the financial statements | ACCT 3001 – Intermediate Accounting I | Walden University

 Public companies must, by law, publish their financial statements every year. The Additional Student Resources contains “the Target Corporation 2017 Annual Report”.  There, you will find the complete 2017 financial statements and supplementary data of the Target Corporation. For this week’s first Discussion, you will find, analyze, and discuss another public company’s financial statements.

Required:

Select any public company and go to their website. Locate the company’s most recently filed financial statements (i.e. 10K or 10Q) and then look up Note 1 in those statements. This note summarizes the significant accounting policies of the company. Refer to the “Business and Significant Accounting Policies” section of the Annual “10K” and Quarterly “10Q” report. Select two of the accounting principles in the report.

Post at least 200 words answering the following question:

  • Did the company implement any new accounting standards during the year?
  • If so, which ones did it implement? What was the impact of those changes? In other words, how did those new standards affect the company’s bottom line?
  • If not, do you think there are any standards issued during the reporting period that they should have implemented? Why?

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more