Module 4 SLP
BACKGROUND IS THE SOURCES YOU TO USE ALONG WITH THE ONES FROM THE SLP ASSIGNMENT. ALSO, IF YOU WANTED TO ADD ADDITIONAL ONES FROM INTERNET THAT’S FINE AS WELL
Module 4 – Background
ACCOUNTING STANDARDS AND FINANCIAL STATEMENT ANALYSIS
Required Background Materials
Financial Reporting
Regulating Accounting. (2014). Pearson Learning Solutions, New York, NY.
The following articles will shed more light on the regulation of financial reporting.
About.com. (2014). IFRS and FASB – What are Financial Reporting Standards?
The Accounting Standards and Standard Setting Bodies. Retrieved from http://bizfinance.about.com/od/accountingandcash/a/IFRS-and-FASB-what-are-financial-reporting-standards.htm
Diffen. Compare Anything. (n.d.). GAAP versus IFRS Retrieved from http://www.diffen.com/difference/GAAP_vs_IFRS
Sarbanes Oxley 101. (n.d.). Retrieved from http://www.sarbanes-oxley-101.com/sarbanes-oxley-compliance.htm
Seay, S. S. (2014). The economic impact of IFRS – A financial analysis perspective. Academy of Accounting and Financial Studies Journal, 18(2), 119-139. (Trident library).
Ratio Analysis
Ratios
Let’s start with a brief introduction to ratios.
Accounting Ratios. (2014). Pearson Learning Solutions, New York, NY.
Analyzing Financial Statements Using Ratios
Analyzing Financial Statements Using Ratios. (2014). Pearson Learning Solutions, New York, NY.
Read the section “Tools for Financial Statement analysis” and watch related videos on the same page at the below site.
Walther, L. (2015). http://www.principlesofaccounting.com/chapter-16/. Chapter 16. Retrieved from http://www.principlesofaccounting.com/youtube_player_poa/player.html?filename=lBkmrWh6JOk
Suggested Resources
Accounting Coach. (n.d.). Dictionary of Accounting Terms. Retrieved from http://www.accountingcoach.com/terms
Walther, L. M. (2015). Principles of accounting: A complete online text. Retrieved from http://www.principlesofaccounting.com/ . Note that there are also many useful videos associated with Dr. Walther’s textbook.
Financial Reporting
Regulating Accounting. (2014). Pearson Learning Solutions, New York, NY.
The following articles will shed more light on the regulation of financial reporting.
About.com. (2014). IFRS and FASB – What are Financial Reporting Standards?
The Accounting Standards and Standard Setting Bodies. Retrieved from http://bizfinance.about.com/od/accountingandcash/a/IFRS-and-FASB-what-are-financial-reporting-standards.htm
Diffen. Compare Anything. (n.d.). GAAP versus IFRS Retrieved from http://www.diffen.com/difference/GAAP_vs_IFRS
Sarbanes Oxley 101. (n.d.). Retrieved from http://www.sarbanes-oxley-101.com/sarbanes-oxley-compliance.htm
Seay, S. S. (2014). The economic impact of IFRS – A financial analysis perspective. Academy of Accounting and Financial Studies Journal, 18(2), 119-139. (Trident library).
Ratio Analysis
Ratios
Let’s start with a brief introduction to ratios.
Accounting Ratios. (2014). Pearson Learning Solutions, New York, NY.
Analyzing Financial Statements Using Ratios
Analyzing Financial Statements Using Ratios. (2014). Pearson Learning Solutions, New York, NY.
Read the section “Tools for Financial Statement analysis” and watch related videos on the same page at the below site.
Walther, L. (2015). http://www.principlesofaccounting.com/chapter-16/. Chapter 16. Retrieved from http://www.principlesofaccounting.com/youtube_player_poa/player.html?filename=lBkmrWh6JOk
Suggested Resources
Accounting Coach. (n.d.). Dictionary of Accounting Terms. Retrieved from http://www.accountingcoach.com/terms
Walther, L. M. (2015). Principles of accounting: A complete online text. Retrieved from http://www.principlesofaccounting.com/ . Note that there are also many useful videos associated with Dr. Walther’s textbook.
Module 4 – SLP
ACCOUNTING STANDARDS AND FINANCIAL STATEMENT ANALYSIS
Use the latest financial statements from Starbucks to compute ratios for the categories listed below. Use the formulae shown in the segment on “tools for financial statement analysis“.
Part I
Compute two ratios for each of the following categories.
- Liquidity ratios
- Debt service ratios
- Turnover ratios
- Profitability ratios
- Other indicators
Part II
Write a three-paragraph memo to comment on the ratios.
- Paragraph 1: What is the purpose of computing the ratios?
- Paragraph 2: What did you learn?
- Paragraph 3: Conclusion/summary of the information.
Address the memo to your instructor. Follow APA format. See sample at the following link: https://owl.english.purdue.edu/owl/resource/590/04/
SLP Assignment Expectations
Use Excel to compute and show the ratios.
Use Word for the memo. Submit two separate documents.
