Oct 22, 2021 Uncategorized

Financial Concepts Evaluation assignment at an affordable cost

Instructions

Prior to beginning work on this assignment, watch the video Introduction to Financial Statements https://www.youtube.com/watch?v=4sGEtZcLdx8. This video covers an overview of the four financial statements.

Create an assignment focused on level of comfort with three important financial statements:

  • The income and expense report
  • The balance sheet (located in attachments)
  • The statement of cash flows

The reflective evaluation is the foundation for creating a plan to increase knowledge of these three statements.

In your paper,

  • Evaluate your level of comfort with the three foundation financial statements:
    • The income and expense report
    • The balance sheet
    • The statement of cash flows
  • Frame your evaluation with knowledge gained in the work environment and in prior classes.
  • Evaluate your level of comfort with three important financial statements:
    • The income and expense report.
    • The balance sheet.
    • The statement of cash flows.
  • Illustrate the relationship of the elements of all income and expense report entries offered as part of the simulation.
  • Illustrate the steps needed to discuss a pro forma income and expense statement with a potential investor.
  • Interpret the meaning of the balance sheet entries offered as part of the simulation.
  • Identify the principles and steps needed to discuss a pro forma balance sheet with a potential investor.
  • Describe the role of statement of cashflows entries offered as part of the simulation.
  • Summarize the principles and steps needed to discuss a pro forma statement of cashflows with a potential investor.

Next, do the following:

Evaluate your level of comfort with the three foundation financial statements: (a) the income and expense report, (b) the balance sheet, and (c) the statement of cash flows. Frame your evaluation with knowledge gained in the work environment and in prior classes. Within your evaluation, consider the following:

  • Evaluate the level of comfort with three important financial statements: (a) the income and expense report, (b) the balance sheet, and (c) the statement of cash flows.
  • Illustrate the foundation principles of all income and expense report entries offered as part of the simulation. What knowledge was needed to discuss a pro forma income and expense statement with a potential investor?
  • Define the purpose of balance sheet entries 
  • Identify the principles and steps needed to discuss a pro forma balance sheet with a potential investor.
  • Define the role of statement of cashflows entries
  • Define the principles and steps needed to discuss a pro forma statement of cashflows with a potential investor.

The Financial Concepts Evaluation paper

  • Must be three to four double-spaced pages in length (not including title and references pages) and formatted according to APA Style 
  • Must include a separate title page with the following
  • Must utilize academic voice. 
  • Must include an introduction and conclusion paragraph. Your introduction paragraph needs to end with a clear thesis statement that indicates the purpose of your paper.
  • Must use at least two scholarly sources in addition to the course text.
  • Must document any information used from sources in APA Style 
  • Must include a separate references page that is formatted according to APA Style 

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