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    Comparative Analysis Case - Coke vs. Pepsi

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    Comparative Analysis Case
    The Coca-Cola Company versus PepsiCo, Inc.

    Instructions:

    Go to KWW website and use information found there to answer the following questions related to The Coca-Cola versus PepsiCo, Inc.

    a) (1) What specific items does Coca-Cola discuss in its Note 1-Accounting Polices?
    (Prepare a list of the headings only)

    (2) What specific items does PepsiCo discuss in its Note 2- Our Summary of significant Accounting Policies? (Prepare a list of the headings only.)

    b) For what lines of business or segments do Coca-Cola and PepsiCo present segmented information?
    c) Note and comment on the similarities and differences between the auditor's reports submitted by the independent auditors of Coca-Cola and PepsiCo for the year 2004.

    © BrainMass Inc. brainmass.com October 9, 2019, 7:56 pm ad1c9bdddf
    https://brainmass.com/business/accounting/comparative-analysis-case-coke-pepsi-134085

    Solution Preview

    (a) (1) Coca-Cola commented on the following list of items in its note on accounting policies:

    Organization/basis of presentation
    Consolidation
    Recoverability of investments
    Issuances of stock by equity investees
    Advertising costs
    Net income per share
    Cash equivalents
    Inventories
    Property, plant, and equipment
    Other assets
    Trademarks and other intangible assets
    Use of estimates
    New accounting standards

    (2) PepsiCo ...

    Solution Summary

    The solution examines accounting policies for a comparative analysis case.

    $2.19