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Accounting and Financial Reporting Entrepreneurship & Small Business Management.

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Presentation on theme: "Accounting and Financial Reporting Entrepreneurship & Small Business Management."— Presentation transcript:

1 Accounting and Financial Reporting Entrepreneurship & Small Business Management

2  Create a PowerPoint Presentation defining “GAAP”.  Research and locate at least 5 articles on GAAP violations.  Summarize the articles and tell the outcome of each article. Entrepreneurship & Small Business Management

3  Create a PowerPoint Presentation defining “Calendar Year” and “Fiscal Year”.  Research and find at least 3 companies that use calendar year and at least 3 companies that use fiscal year.  Tell which would be best for your company and why. Entrepreneurship & Small Business Management

4  Create a PowerPoint Presentation defining the “accounting equation”. Also define the components of the accounting equation.  Research and find at least 5 companies.  List the assets, liabilities, and owner’s equity of each company.  Also give a brief description of each business. Entrepreneurship & Small Business Management

5  Create a PowerPoint Presentation defining “Income Statement”.  Research and find income statements from 5 companies.  Give a brief description of each company.  Include a list of the companies assets and provide the total net sales for each company.  Tell which company made the most in profits and which company made the least in profits. Entrepreneurship & Small Business Management

6  Create a PowerPoint Presentation defining “Balance Sheet”.  Research and find balance sheets from 5 companies.  Give a brief description of each company.  Include a list of each company’s assets, liabilities, and owner’s equity.  Tell which company made the most in profits and which company made the least in profits. Entrepreneurship & Small Business Management

7  Create a PowerPoint Presentation defining “Statement of Cash Flows”.  Research and find statements of cash flows from 5 companies.  Give a brief description of each company.  Include a list of each company’s cash flow from investing activities, cash flow from financing activities.  Tell which company made the most cash at the end of the period and which company made the least cash at the end of the period. Entrepreneurship & Small Business Management


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