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.

-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.

rubric1examp.xls 

attached is the rubric for grading