Events in the world of corporate finance during the past three (3) years have shown the importance of transparent and accurate financial reporting by businesses. There are numerous methods for evaluating the financial well-being of a business. In this paper, we will review and evaluate the financial analysis tools available to business manager, investors, and government regulators.
Write a five to six (5-6) page paper in which you:
Compare and analyze the financial metrics and ratios used to evaluate the balance sheet and income statement information.
Describe how these metrics are used by business managers, markets and investors, and government regulators.
Identify the metric you think is the most important to managers, markets, and investors. Â Justify your answer.
Use at least three (3) quality academic resources in this assignment. Note: Wikipedia and other Websites do not qualify as academic resources.
Your assignment must follow these formatting requirements:
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
Include a cover page containing the title of the assignment, the studentÂ’s name, the professorÂ’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:
Describe and evaluate the importance of the professional environment of financial accounting, the functions of related organizations such as the SEC, the AICPA, the FASB and its predecessors, and the creation of Financial Accounting Standards, the conceptual framework, and other sources of GAAP.
Prepare the main sections of the four primary financial accounting statements: the income statement, the statement of retained earnings, the balance sheet, and the statement of cash flows
Use technology and information resources to research issues in intermediate accounting.
Write clearly and concisely about intermediate accounting using proper writing mechanics
Grading for this assignment will be based on answer quality, logic/organization of the paper, and language and writing skills, using the following rubric.