Purpose of Assignment
This week’s focus is on the preparation of financial reports for internal users such as managers. This case study applies the concepts of managerial accounting through comparative and ratio analysis and requires students to identify financial data needed by managers for decision making.
About Your Signature Assignment
This signature assignment is designed to align with specific program student learning outcome(s) in your program. Program Student Learning Outcomes are broad statements that describe what students should know and be able to do upon completion of their degree. The signature assignments may be graded with an automated rubric that allows the University to collect data that can be aggregated across a location or college/school and used for program improvements.
Assignment Steps
Resources:Generally Accepted Accounting Principles (GAAP) U.S. Securities and Exchange Committee (SEC)
Tutorial help on Exceland Word functions can be found on the MicrosoftOffice website. There are also additional tutorials via the web offering support for Office products.
Scenario:You are a loan officer for White Sands Bank of Taos. Paul Jason president of P. Jason Corporation has just left your office. He is interested in an 8-year loan to expand the company’s operations. The borrowed funds would be used to purchase new equipment. As evidence of the company’s debt-worthiness Jason provided you with the following facts:
Jason is a very insistent (some would say pushy) man. When you told him you would need additional information before making your decision he acted offended and said What more could you possibly want to know? You responded you would at minimum need complete audited financial statements.
Developa minimum 700-word examination of the financial statements and include the following:
Formatthe assignment consistent with APA guidelines.
