USAA AUTOMOBILE INSURANCE IN SAN ANTONIO TX
Assignment
1 Annual Report Project
Due week 8 and worth 240 points
The purpose of a
corporate annual report is to communicate to stockholders and other interested
parties its financial statements. The annual report is a summary of the
corporation- operations over the previous 12 month time period and states the
corporation- plans for the future. Many annual reports are created to resemble
a corporate brochure, using lots of pictures, color, charts and graphs. Despite
the fancy look, the main purpose of the report is to provide the year-
financial data, which comes from the corporation- accounting system.
Instructions:
Obtain a current Annual Report for any U.S. company you are interested in
analyzing. You may download it from its Website or from the LRC database called
Mergent Online. Each student must choose a different company to analyze;
therefore students must receive approval of your selected company from your
professor by Week 5 of the class.
Write a 2-3 page paper in which you:
Identify and explain
the main sections of the annual report.
Discuss the key factors
that influenced the company- financial performance during the year.
Discuss the primary
assets held by the company.
Explain how management
characterizes the internal control environment of the company.
Your assignment must:
Be typed,
double-spaced, using Times New Roman font (size 12), with one-inch margins on
all sides; references must follow APA or school-specific format. Check with
your professor for any additional instructions.
Include a cover page
containing the tile of the assignment, the student- name, the professor-
name, the course title, and the date. State the company name and reporting
period on which you will be reporting on the cover page, such as “Coca-Cola,
Fiscal Year 2010†The cover page and the reference page are not included in the
required page length
The specific course
learning outcomes associated with this assignment are:
Identify and explain
the fundamental concepts and principles in accounting, the components of the
accounting equation, the primary financial accounting equation and financial
statements and reports.
Analyze the basic
concepts related to accounting information systems.
Use technology and
information resources to research issue in financial accounting.
Write clearly and
concisely about financial accounting using proper writing mechanics.
Grading for this
assignment will be based on answer quality, logic/organization of the paper,
and language and writing skills, using the following rubric.
Assignment 1: Annual Report Project
Criteria
Unacceptable
20
Developing
30
Competent
40
Exemplary
1. Identify and explain the main sections of
the annual report.
Did not complete the assignment or did not identify and explain
the main sections of the annual report; omitted information and/or included
irrelevant information. Completed with less than 60% accuracy, thoroughness
and logic.
Partially identified and explained the main sections of the
annual report; omitted some key information. Completed with 60-79% accuracy,
thoroughness and logic.
Sufficiently identified and explained the main sections of the
annual report. Completed with 80-89% accuracy, thoroughness and logic,
Fully identified and explained the main sections of the annual
report. Completed with 90-100% accuracy, thoroughness and logic.
2. Discuss the key factors that influenced the
company- financial performance during the year.
Did not complete the assignment or did not discuss the key
factors that influenced the company- financial performance during the year;
omitted information and/or included irrelevant information. Completed with
less than 60% accuracy, thoroughness and logic.
Partially discussed the key factors that influenced the
company- financial performance during the year; omitted some key
information. Completed with 60-79% accuracy, thoroughness and logic.
Sufficiently discussed the key factors that influenced the company-
financial performance during the year.
Completed with 80-89% accuracy, thoroughness and logic,
Fully discussed the key factors that influenced the company-
financial performance during the year.
Completed with 90-100% accuracy, thoroughness and logic.
3. Discuss the primary assets held by the
company.
Did not complete the assignment or did not discuss the primary
assets held by the company; omitted information and/or included irrelevant
information. Completed with less than 60% accuracy, thoroughness and logic.
Partially discussed the primary assets held by the company;
omitted some key information. Completed with 60-79% accuracy, thoroughness
and logic.
Sufficiently discussed the primary assets held by the company.
Completed with 80-89% accuracy, thoroughness and logic,
Fully discussed the primary assets held by the company.
Completed with 90-100% accuracy, thoroughness and logic.
4. Explain how management characterizes the
internal control environment of the company.
Did not complete the assignment or did not explain how
management characterizes the internal control environment of the company;
omitted information and/or included irrelevant information. Completed with
less than 60% accuracy, thoroughness and logic.
Partially explained how management characterizes the internal
control environment of the company; omitted some key information. Completed
with 60-79% accuracy, thoroughness and logic.
Sufficiently explained how management characterizes the internal
control environment of the company. Completed with 80-89% accuracy,
thoroughness and logic,
Fully explained how management characterizes the internal
control environment of the company. Completed with 90-100% accuracy,
thoroughness and logic.
5. Clarity
Did not complete the assignment or explanations are unclear and
not organized. (Major issues).
Explanations generally unclear and not well organized. (Many
issues).
Explanations generally clear and /or organized. (Minor issues).
Explanations very clear and well organized. (Added helpful
details).
6. Writing - Grammar, sentence structure,
paragraph structure, spelling, punctuation, and APA usage, if required.
Did not complete the assignment or had 8 or more different
errors in grammar, sentence structure, paragraph structure, spelling,
punctuation, and APA usage, if required. (Major issues).
Had 6-7 different errors in grammar, sentence structure,
paragraph structure, spelling, punctuation, and APA usage, if required. (Many
issues).
Had 4-5 different errors in grammar, sentence structure,
paragraph structure, spelling, punctuation, and APA usage, if required.
(Minor issues).
Had 0-3 different errors in grammar, sentence structure,
paragraph structure, spelling, punctuation, and APA usage, if required..