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Prompt : For this assignment , you will place yourself in the role of a controller as you review the Starbucks case study and apply your knowledge and understanding of accounting principles to resolve issues and formulate recommendations . You will present this milestone in the form of a report . You will receive feedback on each milestone , with the expectation that you will make any necessary revisions and then compile the milestones together for your final project submission
For Milestone One you will analyze financial statements for Starbucks Corporation for fiscal 2010 through 2012 for financial analysis calcul ation and interpretation . You will then address linkages between financial results and operating strategy . As part of Critical Element I : Financial Indicators and Trend Analysis , you will begin by reviewing the financial statements and footnotes that are part of Starbucks ’ annual report . Once you complete your review of the financial statements , you will focus on the gross profit ratio and return on assets and address the tasks in parts B and C of Critical Element I . Finally , you will perform a horizontal trend analysis to create a pro-forma financial statement
This assessment addresses the following course outcomes :
● Analyze financial accounting information from transactions through financial statement preparation for reporting results to internal and external users of information
● Interpret financial information in relation to a company ’ s mission and vision for aligning recommendations to attain strategi c goals