1700 - 1900 words
As EEC's corporate business financial analyst, you will be required to provide the EEC board of directors and executive management team with essential financial information on the management of the EEC enterprise. In a memo to the board of directors, discuss the information found in each of the following financial statements and how that information is used for the planning, controlling, and decision making of the company. Also, discuss what some of the reports and ratios are that the following financial statements can help you develop. (As you analyze the statements listed below, keep in mind that these statements are the foundation of financial accounting and are developed from transactions that happened during the time period of the statement. This information is used by external users as well as internal users. Managerial accounting focuses on the use from the internal user perspective. The information from these statements is used to analyze and establish budgets, forecast, variance reports, and ratios, among other things, with the key being that they are only used internally).
Balance sheet
Income statement
Statement of cash flows
Statement of stockholders’ equity
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1700 - 1900 wordsAs EECs corporate business financial analyst, .docx
1. 1700 - 1900 words
As EEC's corporate business financial analyst, you will be
required to provide the EEC board of directors and executive
management team with essential financial information on the
management of the EEC enterprise. In a memo to the board of
directors, discuss the information found in each of the following
financial statements and how that information is used for the
planning, controlling, and decision making of the company.
Also, discuss what some of the reports and ratios are that the
following financial statements can help you develop. (As you
analyze the statements listed below, keep in mind that these
statements are the foundation of financial accounting and are
developed from transactions that happened during the time
period of the statement. This information is used by external
users as well as internal users. Managerial accounting focuses
on the use from the internal user perspective. The information
from these statements is used to analyze and establish budgets,
forecast, variance reports, and ratios, among other things, with
the key being that they are only used internally).
Balance sheet
Income statement
Statement of cash flows
Statement of stockholders’ equity
