FIN 575 Week 1 Overview of Financial Statements Paper

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FIN 575 Week 1 Overview of Financial Statements Paper
FIN 575 Week 1 Overview of Financial Statements Paper
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FIN 575 Week 1 Overview of Financial Statements Paper

Resource: Overview of Financial Statements Grading Guide

Purpose of Assignment 

The purpose of this assignment is for students to utilize critical thinking skills to understand the information contained within a company’s financial statements and how they articulate with each other.

Assignment Steps 

Develop a 700-word evaluation on the Overview of Financial Statements using the following as guides:

  • Locate a financial statement (income, balance, statement of cash flow) for a company similar to one you wish to create.

  • Identify the salient information contained in the financial statements (income statement, balance sheet, statement of cash flow).

  • Identify the company’s net income (income statement), total assets (balance sheet), and total net cash flow (statement of cash flow).

  • Explain how financial statements (income, balance, statement of cash flow) are connected to each other.

  • Examine the importance and the relevance of financial statements for the entrepreneur.

Cite a minimum of one peer reviewed reference from the University Library.

Format the assignment consistent with APA guidelines.

Submit your assignment.