Assignment Brief (Comprehensive)
ASSIGNMENT TITLE: Accounting Cycle, Statements, & Ratio Analysis Case
Course Alignment: Financial Accounting (AC116)
Estimated Effort: 8–10 hours
Scenario
Using a provided small-business case, complete the accounting cycle and assess
performance using ratios.
Learning Outcomes
• Execute the accounting cycle end-to-end.
• Prepare basic financial statements in good form.
• Interpret ratios to inform decisions.
Deliverables
A. Journal Entries & Posting (all transactions for the period).
B. Adjusting Entries & Adjusted Trial Balance.
C. Financial Statements: Income Statement, Statement of Owner’s Equity, Classified Balance
Sheet.
D. Ratio Analysis (with brief interpretations): current, quick, gross margin, net margin, A/R
turnover & days, inventory turnover & days, debt-to-equity.
E. Management Memo (400–600 words): recommendations.
Detailed Task Requirements
• Show all calculations; label accounts clearly.
• Round to two decimals; state assumptions.
• Discuss at least three actionable recommendations tied to ratios.
Formatting & Submission
• Submit as a single Word file; tables acceptable.
Rubric (100 pts)
• Accounting Cycle Accuracy (35) • Statements Quality (25) • Ratio Calculations (20) •
Interpretation & Memo (15) • Professionalism (5)
, Unit 7 Assignment
AC116 - Accounting II
Purdue University Global
Annual Report Project
The Annual Report Project (ARP) provides you the opportunity to analyze a corporate
annual report. You will obtain the annual report of a Fortune 500 company from their
company website and answer questions regarding the application of concepts studied in
your financial accounting course.
The Annual Report Project:
● Will increase your interest in financial accounting by allowing you to personally
choose the annual report you will review
● Provides hands-on exposure to financial statements of real-world companies
● Emphasizes the importance of the notes to the financial statements
● Provides an opportunity to examine the application of procedures and methods
discussed in your accounting textbook
● Provide you the opportunity to work remotely with the members of your team
The Annual Report Project consists of four assignments and is designed to be a useful
supplement for undergraduate financial accounting courses. The following is a list of the
topics covered in each Annual Report Project assignment:
● General Information – The Company
● ARP 1 Company Information
● ARP 2 Overview of the Annual Report
● ARP 3 The Balance Sheet
● ARP 4 The Income Statement
General Information - The Company
Completed by Team
OBTAINING THE ANNUAL REPORT -You must email your instructor the name of the
company you select as no two teams may use the same company. Make sure your choice
has been approved before you begin.
ASSIGNMENT TITLE: Accounting Cycle, Statements, & Ratio Analysis Case
Course Alignment: Financial Accounting (AC116)
Estimated Effort: 8–10 hours
Scenario
Using a provided small-business case, complete the accounting cycle and assess
performance using ratios.
Learning Outcomes
• Execute the accounting cycle end-to-end.
• Prepare basic financial statements in good form.
• Interpret ratios to inform decisions.
Deliverables
A. Journal Entries & Posting (all transactions for the period).
B. Adjusting Entries & Adjusted Trial Balance.
C. Financial Statements: Income Statement, Statement of Owner’s Equity, Classified Balance
Sheet.
D. Ratio Analysis (with brief interpretations): current, quick, gross margin, net margin, A/R
turnover & days, inventory turnover & days, debt-to-equity.
E. Management Memo (400–600 words): recommendations.
Detailed Task Requirements
• Show all calculations; label accounts clearly.
• Round to two decimals; state assumptions.
• Discuss at least three actionable recommendations tied to ratios.
Formatting & Submission
• Submit as a single Word file; tables acceptable.
Rubric (100 pts)
• Accounting Cycle Accuracy (35) • Statements Quality (25) • Ratio Calculations (20) •
Interpretation & Memo (15) • Professionalism (5)
, Unit 7 Assignment
AC116 - Accounting II
Purdue University Global
Annual Report Project
The Annual Report Project (ARP) provides you the opportunity to analyze a corporate
annual report. You will obtain the annual report of a Fortune 500 company from their
company website and answer questions regarding the application of concepts studied in
your financial accounting course.
The Annual Report Project:
● Will increase your interest in financial accounting by allowing you to personally
choose the annual report you will review
● Provides hands-on exposure to financial statements of real-world companies
● Emphasizes the importance of the notes to the financial statements
● Provides an opportunity to examine the application of procedures and methods
discussed in your accounting textbook
● Provide you the opportunity to work remotely with the members of your team
The Annual Report Project consists of four assignments and is designed to be a useful
supplement for undergraduate financial accounting courses. The following is a list of the
topics covered in each Annual Report Project assignment:
● General Information – The Company
● ARP 1 Company Information
● ARP 2 Overview of the Annual Report
● ARP 3 The Balance Sheet
● ARP 4 The Income Statement
General Information - The Company
Completed by Team
OBTAINING THE ANNUAL REPORT -You must email your instructor the name of the
company you select as no two teams may use the same company. Make sure your choice
has been approved before you begin.
