BTA202.XXXX: Intermediate Accounting II Instructions: Complete a 4 - 6 page research paper addressing the following: Choose one of the companies listed below to serve as the focus of your research...

1 answer below »
Can you help me with this assignment. Part A is due tomorrow. I will provide the login to have access to the book.


BTA202.XXXX: Intermediate Accounting II Instructions: Complete a 4 - 6 page research paper addressing the following: Choose one of the companies listed below to serve as the focus of your research paper. Note: A maximum of 4 students can research each company. Let the professor know your choice of company via email or in class by no later than the second week of class. 4. Microsoft Corporation NOTE: For all your research, you need to use THE MOST RECENT ANNUAL REPORT (Form 10-K) for the company you have chosen. Submit draft submissions via email unless otherwise instructed. Part A (+/- 2.5 pages) – (50 points) · Discuss the business of the company you selected. Your discussion should, at a minimum, include the following: Types of products sold, locations, business philosophy/corporate culture, mission statement, length of time in business, competitors. (10 points) · Which accounting firm audits the company that you selected? Why does the company have to be audited? Briefly discuss whether the auditors concluded that the financial statements were fairly stated or not. (5 points) · Refer to the Management Discussion & Analysis (MD&A) section of the annual report for the company. In your own words, discuss two of the risks which this company faces. Were you surprised by these items being considered a risk? Why or why not? (15 points) · Provide an overview of the Financial Highlights of the company for the most recent year e.g. increase/decrease in revenue, expenses, change in assets, liabilities & stockholder’s equity, change in cash flows, earnings per share. Feel free to present this in tabular format and discuss your table. Do you think your company’s business is stable, improving or deteriorating? Why? (20 points) Part B (+/- 2.5 pages) – (50 points) Your friend, who has just recently received a large bonus at work, would like to invest some of that money. She has asked you whether it would be a good idea to invest in the company you are researching. What would you tell her? At a minimum, your answer should consider the following: · A brief discussion of the company’s recent financial results. How is the company doing? NOTE: you can refer to some of the work already done in Part A. (10 points) · Analysis of liquidity, solvency, and profitability for the past two years using ratios (no more than 3 or 4 ratios necessary). (20 points) · Trends in the company’s share price (share price graphs can be obtained from Google Finance, Reuters, Bloomberg, etc.). (10 points) · Any important news relating to the company and/or its competitors. At a minimum, two recent news stories should be discussed (10 points) Final Submission The research paper should be formatted to meet all of the following requirements: · Text should be typed double-spaced, using 12-point Font Size, Times New Roman, with 1 inch Margins (top, bottom, sides). · The paper should be a minimum of 4 pages and a maximum of 6 pages. · All pages, except the title page must be numbered at the bottom, right. · You may add graphics where you deem appropriate. This report is a formal, professional document. Use correct grammar and proofread carefully. All references (written and verbal) used to compile the report must be cited using APA format. Assignment Submission Policy Due dates for each part of the Term Research Paper, as well as the final draft will be announced by the instructor for your course. Academic Dishonesty Academic Dishonesty is prohibited in the City University of New York and is punishable by penalties ranging from a grade of “F” on a given test, research paper or assignment, to a an “F” in the course, or suspension or expulsion from the College, Academic Dishonesty includes: CHEATING, PLAGIARISM, INTERNET PLAGIARISM, FALSIFICATION OF RECORDS AND OFFICIAL DOCUMENTS, and OBTAINING UNFAIR ADVANTAGE. Available Resources Resources available to facilitate your research and successful completion of this term research paper are as follow: 1. Textbook: Intermediate Accounting, Spiceland, Nelson, and Thomas, 10th edition, McGraw-Hill Education. 2. The most recent annual Form 10-K (the Annual Report) for companies are available on the company websites or http://www.sec.gov/edgar/searchedgar/companysearch.html 3. Information on citations is available on the LaGuardia Library website or at http://owl.english.purdue.edu/owl/ 4. www.bloomberg.com is a useful resource for company share information. 5. www.investopedia.com for definitions of finance and accounting terms. Note 1: In addition to the above mentioned information, please use other external resources when necessary. Note 2: Wikipedia and blogs WILL NOT serve as a valid source of information for the purpose of this term research paper. Note 3: Please proofread your work. Points will be deducted for factually inaccurate writing, poor grammar, and spelling. 1
Answered Same DayOct 28, 2021

Answer To: BTA202.XXXX: Intermediate Accounting II Instructions: Complete a 4 - 6 page research paper...

Ayushi answered on Oct 29 2021
125 Votes
BTA202: Microsoft Corporation
Contents
Part A:    3
Part B:    5
References:    8
Microsoft Corporation:
Part A:
Microsoft Corporation can be described as a technological company based on America which has its offices located in multinationals. The products in which it mainly deals in are computer software
like Microsoft windows, internet explorer and Microsoft office suite. It also produces various consumer electronics and hardware products like Xbox video game consoles and for the touch screen personal computers Microsoft surface lineup is produced by Microsoft Corporation. It has various competitors such as Apple, Face book, Google and Amazon. It has its headquarters situated in Washington, United States. It was founded by Bill Gates and Paul Allen in 1975. Microsoft helps the developers by providing them technical references through MSDN i.e. Microsoft Developer network. It provides technical support to many people online that too for free and the most effective one from them are being employed by the company as employees. Apart form these there are various other activities that are carried out by Microsoft Corporation to maintain its good corporate culture ("Inline XBRL Viewer", 2021). The mission statement of Microsoft Corporation is “to empower every person and every organization on the planet to achieve more”.
The independent accounting firm which has conducted the audit of Microsoft Corporation is Deloitte & Touch LLP (Seattle, Washington). There are various reasons for which audit are required to be done by Microsoft Corporation. Some of these reasons are:
· In order to prevent any fact that has been misstated deliberately as this can be done to hide certain matters from the stakeholders.
· To make sure that the decisions taken by the company’s management is for the benefit of the company and not for personal interests.
· To verify that all the financial records are prepared in accordance with the standards of accounting and are prepared accurately without nay fraud or errors being done. Also check that all the necessary disclosures are made properly and no information is concealed.
· The internal control system and procedures adopted by the management of the company are accurate and proper consistency is maintained.
· The audit is conducted to provide an assurance to the stakeholders that all the information disclosed by the company is true and fair and it is done to safeguard their interests. This is main reason that audit is done by an independent firm whose decision cannot be manipulated or influenced by anyone and the opinion given by the audit firm can be trusted by the public. This helps in building the trust of the public and various stakeholders who have their interest in the company.
As per the report prepared by the audit firm “Deloitte & Touch LLP” it can be seen that the auditors have given an unqualified opinion in their report and mentioned that effective control has been maintained by Microsoft corporation in its internal control over the financial reporting in all the...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here