Purpose: The purpose of this assignment is to learn the content of a 10K report using...

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Accounting

Purpose: The purpose of thisassignment is to learn the content of a 10K report using a realcompany. It is also a requirement for ACC 230.
Audience: Your audience is someone whowants to know more about this company (ex: potential investor oremployee).
Background: Publicly traded companies inthe United States are required to file a 10K report with theSecurities Exchange Commission (SEC), which gives an overview ofthe company's financial position.
Directions: You have already beenassigned a company (Allergan plc). You will needto use the most recent 10K. You can find a company's 10K
by using the SEC's website and typing inthe company name:https://www.sec.gov/edgar/searchedgar/legacy/companysearch.html
Using the 10K, fill in the template.Much of the information will be given in the beginning section ofthe 10K. When searching the 10K,
you may find it helpful to use 'Find' inthe Home ribbon or control + F.
Name
Company Name
Ticker Symbol
Company Website
Fiscal Year End
Industry Classification andDescription
Major Product and Service Categories andlisting of products or services
Brand Names
Description of Business
Market Segments
Geographic Regions - Countries the CompanyOperates In
Reporting Segments
Customers (Direct and Indirect)
Suppliers
Competitors
Inputs (raw materials, components, laboretc.)
Employees
Business Activities (steps in making,selling, and delivering product and services)
Financial Highlights
Income Statement Revenue line items
Income Statement Cost items
Income Statement Operating Income
Balance Sheet (Total Assets or TotalLiabilities plus Equity)
Statement of Cash Flows DepreciationExpense
Statement of Cash Flows Cash Flow fromOperating Activities
Statement of Cash Flows Cash Flow fromInvesting Activities
Statement of Cash Flows Cash fromFinancing Activities
Statement of Stockholder's Equity(Total)
List the headings to several Notes to theFinancial Statements
List a couple of things from the SegmentFinancial Information
List a couple of things from theManagement Discussion and Analysis (MD&A)
List any advertising expense amount
List any financial and non-financialperformance measures
List any Major Initiatives, projects, orchanges in operations

Answer & Explanation Solved by verified expert
4.0 Ratings (543 Votes)
Items an Investor Might Find in a Form 10K Filing Because the government requires certain information to be included in the Form 10K no matter which companys 10K you read through youll find they contain many of the same items Lets look at a few of them so you can feel more comfortable before you try and tackle your first SEC filing A Form 10K filing will include an explanation of a companys operations how it makes its money and the markets in which it currently operates This explanation lets you understand the business Youll be surprised by some of the things you find One of the greatest investments of the 1990s was a mutual fund company called Janus that began as a tiny subsidiary of a railroad in Kansas City Shareholders who read through the railroads Form 10K and found that this little money management unit was doing spectacularly made enough money to retire in just a few short years A Form 10K filing will provide disclosures of risks the company faces including current lawsuits Throughout my career Ive actually come across companies that otherwise looked very healthy but after a reading through their risk disclosures they were facing the specter of bankruptcy due to pendinglawsuits that threatened to take down the entire firm Famous    See Answer
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