Businesses and other organizations must regularly measure their financial performance and health in order to make operational and strategic decisions affecting the organization’s future. Management professionals utilize income statements, balance sheets, cash flow statements, and a limitless variety of other reports and techniques to evaluate an organization. They also work closely with professionals from departments across the organization—including marketing, human resources, and operations—to ensure that the business runs smoothly and that financial decisions are not made in isolation.
For this project, you will use the accounting and finance skills you learned in the course to review the past and current financial performance and health of a global, publicly traded company. Based on that analysis, you will create initial financial projections that forecast the company’s performance under different scenarios and identify internal risks and opportunities in order to begin planning future activities.
This assessment addresses the following course outcomes: Assess organizations’ underlying financial performance and health by analyzing relevant financial statements, variances, ratios, and other financialinformation Draw connections between accounting and financial information and the broader organizational context for making integrated business decisions Assess critical factors driving financial risks and opportunities for informing management priorities Forecast business performance under different assumptions about inputs and processes using simple financial models Evaluate the internal costs and benefits of business opportunities for their impact on budgeting and business decisions Communicate financial analyses clearly and coherently for persuading internal stakeholders of the validity of observations and conclusions