Accounting Cycle Essay

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Company history: When was the company founded? By whom? List other historical facts.

Who is the audit firm for the company?

What stock exchange is the company listed on? What is their ticker symbol?

How much cash and cash equivalents did the company have at the end of its 2 most recent annual reporting periods?

What were the company’s total current assets at the end of its 2 most recent annual reporting periods? In what order should current assets be presented?

What were the two largest current assets at the end of its 2 most recent annual reporting periods?

What were the company’s total assets at the end of its 2 most recent annual reporting periods?
What amount of accounts payable did the company have at the end of its 2 most recent annual reporting periods?

What were the company’s total current liabilities at the end of its 2 most recent annual reporting periods?

What were the company’s two largest current liabilities at the end of its 2 most recent annual reporting periods?

What were the company’s total liabilities at the end of its 2 most recent annual reporting periods?
What were the company’s revenues (or net revenues) for the last 3 annual reporting periods?

What was the company’s net income for the last 3 annual reporting periods?

What was the change in dollars in the company’s net income from its most recent annual reporting period to the previous annual reporting period? What was the change in dollars in the company’s net income from its previous year to the year before annual reporting period?
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