10 K summary & Analysis Report

1. HW Description.

One of highlight activities of the course is to analyze the Annual Report (10-K) filed at SEC. Every student will choose a public company with 10-K (the recent annual report) on their website or EDGAR. By critically reading the 10-K for the perspective of accounting, students will be able to understand the firm’s Financial Reporting and Accounting Policy and be able to build analytical skills in reading financial data. If any, students may find financial reporting issues covered by news articles that has recently troubled in which students need to analyze the firm’s accounting policies and reporting process that caused the financial reporting issues.

2. HW Instruction.

a. Students may choose a listed company from Stock Exchanges.

b. Download the recent 10-K of the company from IR of the company website or SEC filings. https://www.sec.gov/edgar/searchedgar/companysearch.html (Links to an external site.)Links to an external site.

c. (1) Summarize each item in 10-K (Item 1 ~ 16) and (2) Analyze with student’s own words in each Item section. Summary and Analysis may be skipped if there is no description on the Item.

d. Focus on MD&A and Foot Note analysis on the following item section.

Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations AND

Item 8. Financial Statements and Supplementary Data (each Note)

e. Extra-mile analysis to get high grade.

Identify possible red flags in terms of financial issues, accounting policy and financial reporting process in 10-K, if any, and analyze the issue with student’s own suggestions. (Extra-mile analysis to get high grade)

f. Only a MS Word file is acceptable. (No required word count and No limit of pages.)

g. Carefully read the grading rubrics.

3. Plagiarism penalty

a. Copy & Paste with others will result in Zero grade to both givers and takers

b. Plagiarism higher than 50% in Turnitin will result in Zero grade.

10K summary and analysis

Criteria Ratings Pts
This criterion is linked to a Learning OutcomeCriteria 1Summary of each Item in 10-K

25.0 pts
Excellent

All the required items are highly well summarized. Created with student’s own work or developed from the 10-K.

20.0 pts
Good

All the required items are summarized but 1-2 items are lacked.

15.0 pts
Average

1-2 required items are not summarized and 1-2 items are lacked.

10.0 pts
Below Average

Several items are not summarized, and/or are lacked.

0.0 pts
No Marks

Not submitted, more than 50% plagiarism.

25.0 pts

This criterion is linked to a Learning OutcomeCriteria 2Critical Analysis of each Item

25.0 pts
Excellent

All the required items are highly well analyzed and specifically articulated. Created with student’s own work or developed from the 10-K. Identified red flags, if any.

20.0 pts
Good

All the required items are analyzed but 1-2 items are lacked and not specifically articulated.

15.0 pts
Average

1-2 required items are not analyzed and 1-2 items are lacked and not specifically articulated.

10.0 pts
Below Average

Several items are not analyzed, and/or are lacked, and/or not specifically articulated.

0.0 pts
No Marks

Not submitted, more than 50% plagiarism.

25.0 pts

This criterion is linked to a Learning OutcomeCriteria 3MD&A analysis in depth, covering all the topics in the item of Management’s Discussion and Analysis of Financial Condition and Results of Operations

25.0 pts
Excellent

All the topics in the item are highly well analyzed and specifically articulated.

20.0 pts
Good

Some topics in the item are not well analyzed and articulated.

15.0 pts
Average

Several topics in the item are not well analyzed and articulated.

10.0 pts
No Marks

Many topics in the item are not analyzed and articulated.

0.0 pts
No Marks

Not submitted, more than 50% plagiarism.

25.0 pts

This criterion is linked to a Learning OutcomeCriteria 4Foot Notes analysis in depth, covering all the topics in the item of Financial Statements and Supplementary Data

25.0 pts
Excellent

All the topics in the item are highly well analyzed and specifically articulated.

20.0 pts
Good

Some topics in the item are not well analyzed and articulated.

15.0 pts
Average

Several topics in the item are not well analyzed and articulated.

10.0 pts
No Marks

Many topics in the item are not analyzed and articulated.

0.0 pts
No Marks

Not submitted, more than 50% plagiarism.

25.0 pts

Total Points: 100.0

Solution Preview

Walmart Inc.
Business
Walmart Inc. is a company which aids people to live better and save money in the world regardless of their location through shopping in retail and online via ecommerce. Through innovation, Walmart seeks to improve customer experience by integrating Omni channel systems that focuses on the clients through using less time.

(1,093 words)