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.