Purchase Solution

Discuss footnotes for heavy equipment manufacturing company

Not what you're looking for?

Ask Custom Question

Please find attached financial information of heavy equipment manufacturing industry.

Based on the information provided prepare footnotes, which include the following:

Nature of Operations
Use of Estimates
Revenue Recognition
Cost of Products Sold
Selling, General and Administrative Expense
Cash Equivalents
Investments - preliminary
Inventory Valuation
Property, Plant and Equipment

Purchase this Solution

Solution Summary

The cited solution presents ideas and sources for disclosure items including a complete disclosure that can be used as a model for the fictious company.

Solution Preview

See the attached file for active links and the full P&G disclosures of accounting policies to use as a sample.

Here is what I would do:

First, Caterpillar would be a very similar corporation to your sample company. For the significant accounting policies disclosures, I used Yahoo and viewed the last annual report published February 22, 2011. It is the SEC Form 10K, and you want to view ...

Purchase this Solution


Free BrainMass Quizzes
Learning Lean

This quiz will help you understand the basic concepts of Lean.

Basics of corporate finance

These questions will test you on your knowledge of finance.

Situational Leadership

This quiz will help you better understand Situational Leadership and its theories.

Team Development Strategies

This quiz will assess your knowledge of team-building processes, learning styles, and leadership methods. Team development is essential to creating and maintaining high performing teams.

Employee Orientation

Test your knowledge of employee orientation with this fun and informative quiz. This quiz is meant for beginner and advanced students as well as professionals already working in the HR field.