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Review the instructions for the SEC 10-K project

Accounting

  • Review the instructions for the SEC 10-K project. This week's report focuses on the Income Statement.
  • Review the discussion board in week two on the Income Statement. (ATTACHED)
  • Write a brief report of at least one page in whole paragraphs. You may use bullet points.
  • This report will assist you in the final SEC 10-K project deliverables.
  • Submit it as a Word document.

Requirements

The report should include the following:

  • Sections or line items of the Income Statement include but are not limited to:
    • Revenue (Sales)
    • Cost of Goods Sold
    • Gross Profit
    • Indicate if this is a Single-Step or Multi-Step Income Statement based on our course resources
    • Expenses; include unusual items or significant changes for the three-year period
    • Income Tax Expense (Benefit)
    • Net Income or Loss
    • Do not include EPS (Earnings per Share) or any per share values.

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