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REVIEW (Review the following resources): – Balance Sheet & Income Statement Relationship: – Basic Cash Flow Statement: RESPOND (225-300 word count range): Financial accounting reports provide users with detailed information related to a company’s performance. The contents of each can be analyzed independently through industry comparisons and trend assessment. In addition, interrelationships between statements exist. – Research and identify at least one corporation, and describe the way in which the company’s balance sheet and income statement and their statement of cash flows is interrelated – provide examples specific to the company’s reports. – What are the expectations of accounting users, including investors, when it comes to quality reporting, and what are the consequences of poor quality reporting? – Did you observe any quality issues within the statements you reviewed?


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