Day 61-62

When you are finished with this lesson, you will be able to:

  • Compare financial statements between two similar sized companies.

Financial Statement Comparison Project

  1. Choose two comparable sized companies that you have an interest in.  Confirm this choice with your instructor.
  2. Utilize the company’s website, annual report, and other resourceful information to compare and contrast the progress each is making in comparison to the other.
  3. Create a new folder in your Part I folder titled FSCP.
  4. Utilizing the numbers on the income statements of each company, prepare a Google Spreadsheet titled Company Comparison Chart-(your initials), place it in your FSCP folder, to prepare a bar graph showing the differences amongst the two.
  5. Create a new Google Document titled Company Comparison Report-(your initials) and place it in your FSCP folder.  In this document, prepare a one to two page report explaining the differences you found between the financial statements.  Then identify some reasoning for why you feel these differences were present.