Module 1 - CaseFinancial ReportingAssignment OverviewCompare Traditional Reporting vs. TBL Reporting Traditional reporting focuses solely on financial performance, while Triple Bottom Line (TBL) repor
ACC501 SLP 1
Your Name
Trident University International
ACC501 Accounting for Decision Making
Due Date
ACC501 SLP 1
Remember to always indent the first line of a paragraph (use the tab key) or paragraph formatting. Start the paper with a 2-3 sentence introductory paragraph. The margins, font size, spacing, and font type (bold or plain) are set in APA format. While you may change the names of the headings, do not change the formatting or style of font except as specified below. This template uses Times New Roman 12-point. You may also use: Calibri (11), Arial (11), Georgia (11) or Lucida Sans Unicode (10). Since you are engaging in research, be sure to cite each paragraph and add a reference list in APA format. NOTE: failure to use research with accompanying in-text citations to support content will result in a score of 60% for each grading criterion. This is a research-based, professional paper; not a personal one based on feelings. It must be written in the third person; this means words like “I”, “we”, and “you” are not appropriate. No quotations are permitted in this paper. The excessive use of quotes will directly impact performance since this indicates a lack of comprehension and shows that you may not have mastered the concepts. Need help with the reference list format or citation format? Free Citation Generator (APA) “Full citation” is for the Reference list. In-text citation is used in the written paragraph.
Analyze the Traditional Financial Reports
Review the provided Income Statement and Balance Sheet for the small business. Using the resources provided, address the following:
Income Statement Analysis
Copy and paste the Figures from ChatGPT or create visuals from the data
Identify the key components of revenue, expenses, and profitability. Explain the meaning of gross profit margin, net profit margin, and operating margin. (3/4 of a page)
Balance Sheet Analysis
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Review the business’ assets, liabilities, and equity. Comment on the liquidity and solvency of the business using relevant financial ratios. (3/4 of a page)
Financial Health
Based on your analysis of both the income statement and balance sheet, provide an assessment of the business’ financial health and stability. (3/4 of a page)
Examine the Triple Bottom Line (TBL) Report
Analyze the TBL Report data provided for the small business, focusing on the People, Planet, and Profit components:
Social Impact (People)
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Examine the business’ investments in employee well-being, community contributions, and customer health and safety initiatives. How do these initiatives contribute to the business’s long-term sustainability? (3/4 of a page)
Environmental Impact (Planet)
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Evaluate the business’ efforts in energy efficiency, waste reduction, and water conservation. What are the potential cost savings and environmental benefits of these practices? (3/4 of a page)
Financial Impact (Profit)
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Compare the profit figures in the traditional financial report and the TBL report. Discuss any additional costs or savings associated with the business’ sustainability efforts. (3/4 of a page)
Conclusion
Add a 2-3 sentence conclusion to complete the paper.
References
Below are some basic rules to follow when creating a reference list:
Begin your reference list on a new page.
The word References should be centered and bold at the top of the page.
Double-space your reference list.
For each author, list the last name first followed by the initials for their first and middle names.
Arrange your reference list alphabetically by the last name of the author.
Use a hanging indent after the first line of your citation (Word does this for you). Type your entry and then click “Paragraph” on the HOME tab to create the “hanging indent.”
APA has a handout for the most common types of references.
Need help with the reference list format or citation format?
Free Citation Generator (APA)
“Full citation” is for the Reference list. In-Text Citation is used in the written paragraph.
