Corporate Annual Report

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This Word document provides a structured form template for preparing your responses to the questions in the annual report project. Simply complete the input required by the form. If you did not purchase the workbook you are not permitted to use this form template.

INTRODUCTION TO THE CORPORATE ANNUAL REPORT:

A Business Application with IFRS Content

3rd edition

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Copyright 2011 by Applied Accounting Analytics. All rights reserved. Reproduction or translation of this book beyond that permitted by the applicable copyright law without Applied Accounting Analytics’ permission is prohibited. Requests for permission to reprint or for further information should be directed to .

ISBN: 978-0-9841839-2-0

To be completed by the student and submitted with the completed annual report project according to your instructor’s requirements.

Complete the following form before you submit your assignment. This step is required to validate your compliance with sections 107 or 108 of the 1976 United States Copyright Act.
Remove the front cover of the workbook and identify:

Student Name: Arnold Bowleg

Term: Summer

Selected Company: WalMart

Instructor: Dr. Joung Kim

Print your completed electronic template.

Attach the following:
This page completed with all required information.
Completed Word form template. Form template boxes expand as you input responses.

Chapter 1 – Introduction

Select a Company and Gather Documents

Chapter 1: Select a Company and Gather Documents – Question 1

Identify with an “X” the primary source of data for this project.

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Annual report to shareholders

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Annual report to shareholders with a letter from Chief Executive Officer and SEC Form 10-K as part of the annual report to shareholders. The annual report may include additional general company information.

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SEC Form 10-K and the company website.

Fill in the page numbers from the annual report where the following are located.

Required information for this workbook project.

Page No.

Required information for this workbook project.

Page No.

Financial Highlights

· Not absolutely necessary, but very common in annual report to shareholders.

· Not in SEC Form 10-K. May be posted on company website. If so put WEB in Page No. box.

· If not available, put N/A in Page No. box.

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Chief Executive Officer Letter

· May be labeled President’s, CEO’s or other top official’s message or letter to the shareholders

· Not in SEC Form 10-K. Likely posted on company website if SEC Form 10-K used to satisfy the annual report to shareholders reporting requirement. If so put WEB in Page No. box.

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Management’s Discussion and Analysis (MD&A)

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Notes to Financial Statements

· Put range of pages, for example, 47 to 58.

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Income Statement

May be labeled Statement of Earnings

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Report of Independent Accountants or Independent Auditors’ Report

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Balance Sheet

May be labeled Statement of Financial Position

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Five- or Ten-Year Summary of Operating Results

Item 6 in SEC Form 10-K

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Statement of Change in Stockholder’s Equity

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Management’s
Report (Responsibility)on Internal Control over Financial Reporting
Item 9A. Control and Procedures in SEC 10-K

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Statement of Cash Flows

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Investor and Company Information or Shareholder Information

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Identify Why You Selected This Company

Chapter 1: Identify Why You Selected This Company – Question 1

A) What is/are your motivation(s) or interest(s) in selecting this company?

[See above for examples.]

B) What question(s) are you seeking to answer?

[For example, is the company profitable? Can the company change and develop new products and services to be competitive? Would I invest in this company? Will the company provide rewarding career opportunities? In chapter 5 you will have pulled together the financial and nonfinancial information to answer these question(s).]

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Company and Annual Report Essentials

Chapter 1: Company and Annual Report Essentials – Question 1

What is the company’s complete name?

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Chapter 1: Company and Annual Report Essentials – Question 2

What is the address of your company’s corporate headquarters?

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Chapter 1: Company and Annual Report Essentials – Question 3

Identify the company’s website address.

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Chapter 1: Company and Annual Report Essentials – Question 4

Identify the telephone number and e-mail address of the company’s Investor Relations Department.

Telephone number: Click here to enter text.

E-mail address: Click here to enter text.

Chapter 1: Company and Annual Report Essentials – Question 5

Which stock exchange lists your company?

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Chapter 1: Company and Annual Report Essentials – Question 6

What is your company’s stock exchange trading symbol?

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Chapter 1: Company and Annual Report Essentials – Question 7

What is your company’s Standard Industrial Classification (SIC) and sector? Run a search on “Standard Industrial Classification,” and the classification and code will be identified. Your company may list more than one SIC code number. The first listed is considered the primary SIC for the company.

For example, search – The Home Depot SIC – brings up a listing of sources. InvestorWords is one website location option . Move down the page and you will find:

SIC Code: 5211

Sector: .investorguide.com/cgi-bin/sector.cgi?name=Basic_Materials”>Basic Materials, .investorguide.com/cgi-bin/sector.cgi?name=Construction”>Construction, .investorguide.com/cgi-bin/sector.cgi?name=Retail”>Retail

Industry: .investorguide.com/cgi-bin/industry.cgi?sic=5211″>Lumber and other building materials

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Chapter 1: Company and Annual Report Essentials – Question 8

Locate the board of directors listing. How many board members does your company have?

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Chapter 1: Company and Annual Report Essentials – Question 9

How many of the directors are company employees, labeled inside directors? And how many are non-company directors, labeled outside directors? Why does a company want and need outside directors?

(Inside and outside directors are typically identified as such by their title and company.)

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Chapter 1: Company and Annual Report Essentials – Question 10

Leadership addresses the stockholders, typically, once a year at the annual stockholders meeting. Identify where and when this occurred, as reported in your annual report.

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Company Strategy andBusiness Environment

Chapter 1: Company Strategy and Business Environment – Question 1

Review the chairman’s message of your company’s annual report. Does it appear to be uplifting or somewhat apologetic? Identify phrases that support your position.

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Chapter 1: Company Strategy and Business Environment – Question 2

Check below the one primary company strategy identified in the chairman’s message. Support your answer with phrases found in the chairman’s message that pointed you to the identified corporate strategy.

Growth: VerticalClick here to enter text.

Horizontal Click here to enter text.

Concentric Click here to enter text.

Conglomerate Click here to enter text.

Stability Click here to enter text.

Retrenchment Click here to enter text.

Phrases to support your above conclusion:

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Chapter 1: Company Strategy and Business Environment – Question 3

Briefly summarize the company’s discussion found in Item 1 of SEC Form 10-K.

Type of business:

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Major business segments:

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Primary customers:

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Primary products and/or services:

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Other:

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Chapter 1: Company Strategy and Business Environment – Question 4

Identify broad-based social, political, economic, and technological concerns that may affect your company. Put N/A if one of the categories does not apply.

Social:

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Political:

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Economic:

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Technological:

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Other:

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Wrap-up