Fix assignment (1)
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Please fix the assignment below based on the professor’s feedback……
PROFESSOR FEEDBACK——I appreciate the hard work you put into the third portion of your milestone project. You did a great job identifying the benefits and challenges involved in using international financial statements for analysis. When we analyze local statements we know we are comparing apples to apples but when we use financial statements composed with varying sets of rules, our analysis can run into some problems.
I recommended an article from the Journal of Accountancy in the last milestone process and I found another one you may find helpful this week as well regarding the difficulty of using financial statements under various standards:
http://www.journalofaccountancy.com/issues/2007/feb/foundintranslation.html
If you had suggested improvements on earlier milestones I recommend working on those now, as we go along, to make things easier for you in the final weeks when it’s time to compile and submit your entire project.
Fix assignment (1)
ACC 680 Milestone Three Guidelines and Rubric You will prepare a draft of the section of your final presentation that covers the topic of the global market. Specifically, you will analyze potential issues in financial statement analysis in your company’s country of choice and make a recommendation on how to avoid these issues. You will also weigh the benefits of the international financial statement analysis process. For this project, consider this scenario: you have worked very hard and have just earned a promotion at Quality CPA firm. As part of your new responsibilities, you will be advising an influential client on their international aspirations. Their business has been booming and they are seriously considering expanding their operation overseas. They are concerned about the political and financial risks of such an undertaking. You will build a multimedia presentation (with speaker notes to elaborate) that addresses the upper management of this company. You will choose a country other than the United States. This country will be presented as a potential destination for the company, although other countries can be included, as the global market is the focus. The presentation must explore the company’s potential expansion into the chosen country, the global market in general, and how that will impact their operations. Specifically, the following critical elements must be addressed: III. Global Market: For this part of the project, you will explain to your audience the impact that expanding into the global market will have on your decision-making tools and processes. Analyze the potential issues in financial statement analysis when conducting business in the chosen country. Make recommendations on how your company could avoid these financial statement analysis issues. Analyze the international financial statement analysis process for potential benefits. In other words, what would be the benefits of international financial statement analysis despite the potential issues? Guidelines for Submission: Your multimedia presentation should include 10–15 slides, which must be accompanied by speaker notes and may contain audio if you wish. Instructor Feedback: This activity uses an integrated rubric in Blackboard. Students can view instructor feedback in the Grade Center. For more information, review these instructions Critical Elements Exemplary (100%) Proficient (90%) Needs Improvement (70%) Not Evident (0%) Value Global Market: Potential Issues Meets “Proficient” criteria and provides keen insight into how the process of reviewing financial statements may influence the company in the scenario Analyzes the process of reviewing financial statements for potentials issues when expanding into the global market Analyzes the process of reviewing financial statements for potentials issues when expanding into the global market but analysis lacks depth or detail Does not analyze the process of reviewing financial statements for potentials issues when expanding into the global market 30 Global Market: Recommendations Meets “Proficient” criteria and communicates recommendations in a professional manner that is also easy for the client to understand Makes recommendations for how the company in the scenario could avoid issues of international financial statement analysis Makes recommendations for how the company in the scenario could avoid issues of international financial statement analysis but recommendations are inappropriate or lack detail Does not make recommendations for how the company in the scenario could avoid issues of international financial statement analysis 30 Global Market: Potential Benefits Meets “Proficient” criteria and provides keen insight into the analysis of the international financial statement review process for potential benefits Analyzes the international financial statement review process for potential benefits Analyzes the international financial statement review process for potential benefits but analysis lacks depth or detail Does not analyze the international financial statement review process for potential benefits 30 Articulation of Response Submission is free of errors related to citations, grammar, spelling, syntax, and organization and is presented in a professional and easy-to-read format Submission has no major errors related to citations, grammar, spelling, syntax, or organization Submission has major errors related to citations, grammar, spelling, syntax, or organization that negatively impact readability and articulation of main ideas Submission has critical errors related to citations, grammar, spelling, syntax, or organization that prevent understanding of ideas 10 Total 100%

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