u08a1] Unit 8 Assignment 1
Comparative Company, Industry, and Economic Data
The ability to obtain and analyze comparative company, industry, and economic data is a skillset you will need to perform accounting research effectively. It involves awareness of what data is needed for analysis, where to obtain the data, and skillful use of the technology required. One of the major competencies in this course is to leverage technology to facilitate research across a broad range of accounting topics. This assignment will help you develop this skillset and offer the opportunity to demonstrate what you have learned.
You will select a set of three companies in a particular industry of your choice and obtain the data necessary to create a comparative analysis of their financial conditions based on the following data from the last three years:
• Annual income statements.
• Cash flow statements.
• Balance sheets.
In addition, you must obtain industry benchmark information from LexisNexis that would permit the evaluation of the three firms to each other and to their industry.
The information you obtain should be posted as a single submission that includes:
• A summary paragraph that identifies the specific firms and industry you have chosen and that identifies the data you are submitting.
• Three years of financial statements from each of the three companies.
• Industry benchmark information for the industry chosen.
• Macroeconomic data relevant to the industry and timeframe.
Note that your task is not to write the analysis, but rather to locate and download the data and information that would be required for such an analysis.
Remember: Another important competency of this course is to communicate in a manner that is scholarly, professional, and consistent with expectations for members of the business community.
Note: Your instructor may also use the Writing Feedback Tool to provide feedback on your writing. In the tool, click the linked resources for helpful writing information.
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