The final project for this course is the creation of an accounting workbook, various notes to the financial statements, and a management analysis memo. In the
professional field, accountants are expected to perform accurate calculations and articulate how financial information impacts the company in a couple of key
ways: First, an accountant is responsible for producing the financial information that will be reviewed in a year-end audit. It is important to not only record
information correctly but also follow appropriate accounting reporting and recording methodologies.
Second, an accountant should be able to use financial information to evaluate a company’s financial health. This information is important to know so that
management can make day-to-day operating decisions. In addition, the financial information that accountants provide is important for companies to be aware of
as they consider pursuing other goals, such as expansion. In the management analysis memo, you will evaluate the company’s current performance and explain
what the financial information that you presented means for the company.
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