Financial Statement Differentiation Paper
This assignment is different from the standard UOP assignment for week 1. ;Ignore the attachment titled “Financial Statement Review” that is attached to this assignment. ;It is not applicable for the adjusted assignment below.
Write ;a paper of approximately 700 words discussing the four different types of financial statements. ;Explain the information provided by each statement and respond to the following questions.
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-Which financial statement, or statements, would be of most interest to investors?
-Which financial statement, or statements, would be of most interest to creditors?
-Which financial statement, or statements, would be of most interest to management?
Click ;the Assignment Files tab to submit your assignment.
additional important instructions:
Hello everyone,
This assignment is different from the standard UOP assignment for week 1. ;Ignore the attachment titled “Financial Statement Review” that is attached to this assignment. ;It is not applicable for the adjusted assignment below.
For the week 1 Financial Statement Differentiation assignment, you will need to look at a set of financial statements in the text. ;
Answer the specific questions in the syllabus for this assignment. ; To answer the questions, you need to discuss some details about why you made a certain choice. ; For example, if you state the income statement is of most interest to investors, why did you make that choice. ; The answer of the “why” supports your choice and demonstrates your understanding of the statement. ; If you have problems locating the company information or other questions about the assignment, please ask.
This assignment is about describing why a particular financial statement is important for that user. ; It is not about describing the statement. ; If you describe all of the statements in detail and then state, “Management uses the …….statement, that does not meet the requirements of the assignment. ; Read the grading rubric below.
To summarize, at the beginning of your paper provide abriefdescription of the financial statements. ; Then, you will have three sections—one to answer the questions about investors, one for creditors and a third for management. ; You should write a short conclusion at the end of the paper.
attached is the rubric for grading