Accounting writing assignments Essay Example | Topics and Well Written Essays - 500 words

Accounting writing assignments - Essay ExampleIn order to obtain tiny pecuniary information about the company, it is necessary to analyse consolidated difference sheet and other financial statements of the company. The companys financial data distinctly indicates that get over has achieved $128,954 zillion in sales for the financial year 2010. The company could effectively survive the impacts of 2009 global financial crisis and it attained a net income of $6,561 million in 2010. The annual account statement 2011 shows that the companys earnings per share is $1.66 although it has not issued dividends to shareholders. The consolidated balance sheet of the company illustrates that Fords total assets/total liabilities for the fiscal 2010 were $164,687 million. In addition, total shareholders impartiality of Ford was $-642 million.According to the managements discussion and analysis of financial condition and results of operations, near powerful feature of the Ford is its flexi bility to integrate with various market situations (Ford Motor Company). The company distributes its be and expenses under two categories such as cost of sales and selling, administrative and other expenses. This section clearly reflects that effective cost monitoring and control mechanisms have assisted the company to improve its profitability. The management report indicates that the ongoing global economic recovery has greatly benefited the company to improve its financial condition, which was very wanton in the previous year (Ford Motor Company). In addition, the Ford possesses an efficient management team that effectively forecasts changing consumer tastes and specifications and thereby greatly aids R&D team to design innovative political machine models. The general tone of the managements comments points that the company is passing through an economic recovery phase, and the micro-macro environments of the Ford offers potential opportunities to the company for the upcoming years (Ford Motor Company). At the same time, intense market arguing is