B. Based on the information you have gathered, analyze the changes in the financial reports regarding cash. Be sure to examine the statement of cash flows.
i. What are the reasons for these changes?
C. Based on the information you have gathered, analyze the changes in the financial reports regarding the account balance.
i. What are the reasons for these changes?
D. Describe the type of valuation method that your company uses and explain why it uses this method.
i. What are the benefits of this method?
E. Based on industry trends, future plans of your company, and the information you have gathered, predict how your company will perform in the following year compared to competitors
III. GAAP vs. IFRS: For this part of the assessment, you will continue your financial analysis paper.
A. Explain the steps that would be needed for your company to transition from GAAP to IFRS. For example, what would this transition entail? What would your chosen company need to do?
B. Explain how a financial statement would differ under IFRS as opposed to GAAP.
i. How is a financial statement under IFRS different from GAAP? How is it the same?
ii. What would the statements for your chosen company look like