Can you help me with this question with apa format and reference.

Just before you came on board, several new, junior accountants had been hired to start in the financial accounting area, as well as a senior financial accounting analyst. To get the junior accountants off on the right foot, you planned to have a breakfast meeting with them to discuss a number of financial accounting basics.

  • Describe the 4 financial statements they will be preparing at the end of each period and what each one tells the managers and other stakeholders.
  • Explain at least 1 weakness inherent in using each of the following 3 statements to assess the company’s health:
    • income statement
    • balance sheet
    • cash flow statement
In your own words, please post a response to the Discussion Board and comment on other postings. You will be graded on the quality of your postings.

 

The following grading criteria will apply to this assignment:

Grading Criteria

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Describe the 4 financial statements they will be preparing at the end of each period and what each one tells the managers and other stakeholders.

40%

Explain at least 1 weaknesses inherent in using each of the following 3 statements to assess the company’s health:

  • income statement
  • balance sheet
  • cash flow statement

20%

Post a response to the Discussion Board and comment on other postings

For assistance with your assignment, please use your text, Web resources, and all course materials.

Unit Materials

Unit 3

 
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