FIN 324 Week 2 Learning .pdf
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FIN 324 Week 2 Learning Team Assignment
Review of Financial Statements Paper
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You are attending a managerial meeting in your publicly held organization to
hear a proposal for a possible corporate merger with a competitor. After a
brief discussion, the chief financial officer conducts a presentation showing
the competitor's financial statements. Some of your colleagues have little or no
financial background. You have decided to further their understanding by
conducting a financial comparison of two publicly traded organizations.
• Resources: Electronic Reserve Readings, Week Two readings
• Select two publicly traded organizations.
• Prepare a 1,050- to 1,400-word paper to provide an introductory overview of
the financial statements, addressing the following:
o Provide a brief overview of each organization and highlight key information
available on each statement, including the following items for each
• What is the organization’s product or service?
• When was the organization established?
• What accounting organization audited its financial statements?
o Identify the financial statements utilized by your selected organizations.o
Define basic accounting concepts, terminology, and transactions discussed in
the organization's financial statements, and list the accounts affected by the
transaction. Also, identify financial statements affected by the transaction.