Course Name: Accounting Theory.
Due Date: November 16, 2018 at 7 pm (Canada: Mountain Standard Time)
Total Words: 320 words (Altogether)
Assignment Description:
Task: This task provides you with the opportunity to see both perspectives in action in the Canadian Western Bank.
Review the following attached financial statement (Canadian Western Bank) and Examine the annual report, including Management’s Discussion and Analysis, the financial statements, and the notes to the financial statements. Prepare a report in Microsoft Word that addresses the following tasks.
· Introduction to this task. (120 words)
· Select One specific item from the annual report that you believe represent the information perspective on decision usefulness. Choose specific item (e.g. specific accounts, individual notes, or sections of MD&A). Do not choose entire financial statements or the notes/MD&A. For the item you have selected, explain why you feels that this item demonstrates the information perspective. Try to demonstrate that you understand the information perspective. As part of your explanation, include a quotation or excerpt from your company’s annual report to illustrate the item you’ve identified. (125 words)
· Select One specific items from the annual report that you believe represent the measurement perspective on decision usefulness. • Choose specific item (e.g. specific accounts, individual notes, or sections of MD&A). Do not choose entire financial statements or the notes/MD&A. For the item you have selected, explain why you feel that this item demonstrates the measurement perspective. Try to demonstrate that you understand the measurement perspective. As part of your explanation, include a quotation or excerpt from your company’s annual report to illustrate the item you’ve identified. (125 words)
· Bibliography / Works cited.
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