Financial Reporting Summative Assessment:
Purpose of this Assessment
The final assessment for this competency is to analyze an annual report and audit reports, and to prepare financial statements for a
selected company, including an income statement, balance sheet, and statement of cash flows.
Items Required for Submission
In order to demonstrate mastery of your competency, you will submit:
1. A one- to two-page analysis of a selected Annual Report and audit reports
2. An income statement
3. A balance sheet
4. A statement of cash flows
5. A reflection on what the numbers in the statements mean
