ACC 620 Final Project Final Submission Financial Reporting Series Por SNHU | Page 5

V. Pensions
Address the following elements in the form of a memo to your CEO:
A. From your company’ s financial information, what type of pension plan does it have? Discuss the reasons why your company has chosen this particular plan.
B. What was the effect of the pension plan on your company’ s financial statements? Defend your response.
C. Your CEO has informed you— the controller of your company— that the board of directors has made the decision to look at other options of types of retirement plans. Investigate what other alternatives would be available, and determine which would be appropriate for your particular company.
VI. Statement of Changes in Financial Position
A. From the perspective of an investor, determine whether or not you would invest in your chosen company based on the company’ s statement of changes in financial position( SCFP). Support your opinion.
B. Review the company’ s SCFP for any concerns that may need to be addressed. As controller of your company, prepare a memo to your CEO, giving a summary report for possible recommendations
VII. Report for CEO At the most recent strategic planning meeting, the board of directors of your company has voted to issue additional stock to raise capital for major expansions for the company in the next five years. The board is considering $ 5 million. Take the most recent financial statements and prepare a set of projected financial statements based on the given assumptions. The CEO requests that you prepare a written report( including the financial statements) for her