Submit Milestone Two, in which you will discuss factors that may affect current and future performance. You will then forecast future performance, based on what you know about the organization’s financial health and performance.
This week we will learn about accounting analysis and how we can use accounting information to evaluate a company's financial position.
A firm's accounting system and polices have a material impact on any anaysis we perform. We will learn the importance of standards in ensuring the accuracy and validity of accounting information and the financial statements which are based on this information.
We will gain an understanding that standards allow choices and competitors within an industry may make different accounting policy decisions that affect the comparability of their financial statements. For example, FIFO vs. LIFO inventory valuation.
Lastly, we will learn how an analyst's judgment plays a key role in analyzing financial statements.
|$15.00||Business, Managerial Accounting||kelvin777||1 time(s)|
|$15.00||Business, Managerial Accounting||kelvin777||0 time(s)|