Number Cruncher Versus Strategic Thinker
It is one thing to be able to look at a financial report and analyze it using ratios and comparisons. However, keep in mind that, when you do that, you are studying historical information. Your true value as an accountant will come if you can use that historical information to make future projections and decisions involving change.
For this assignment, you will take a set of financial reports from a company and try to determine what would happen if something changed within the company. You will identify something you want to change and then try to determine the impact of that change. This link will take you directly to the Nexis Uni database. This database will enable you to search for a company and review its financial information.
Identify something you want to change in the company and identify and explain the impact of the change.
Identify a financial report related to your proposed change and explain how your use of this report will influence your decision-making.
Identify how information or processes not directly related to accounting will be impacted by the proposed change.