Review the official Financial Documents

1)Discussion topic:

Locate the financial statements in an online annual report (in English) for a company that you’re interested in. It can be a small, local company from your area; a non-profit organization; a company you know well; or even one you might wish to work for someday. Review the financial statements in the report in detail, using the information you’ve learned in this course. Create a post to this discussion, including the following points:

The name of the company, the year of the financial report, and the URL where we can find the report
Your assessment of the company’s financial health

Your rationale for that assessment
A brief explanation of what you think are the company’s biggest risks and its biggest opportunities
Once you’ve had a chance to post your own response, review another student’s response and post a polite comment on that person’s observations.
Attention: This is a course in understanding financial statements. Be sure if you are using the annual report that it contains the audited financial statements, and reference them in your responses to these five questions.

The financial statements are the balance sheet, the income statement, the cash flow statement, the footnotes and the auditors’ report. The financial statements are not all the other materials that management may choose to include in an annual report. The financial statements are often after those materials, so be sure to look for the financial statements to use and refer to in completing this assignment.

If you are using a U.S.-based public company, we highly recommend looking at the official SEC version of its annual report. Referred to as “the annual report on Form 10-K,” it can be accessed from the SEC (Links to an external site.) site.