AC431 Chapter 22 Assignment
In this assignment, you will take on the role of a corporation wishing to engage with a First Nations community. You will be analyzing and reporting on the financial statements of a First Nations government to determine their financial position and future viability (sustainability). This assignment is worth 5% of your final grade. Please submit a Word document (not pdf). Please submit via Blackboard by 11:59 pm April 15. Your report should be no more than 5 pages in length (not including the cover page and list of references) single-spaced with 11 or 12 point font (font of your choice). The 5 pages is a MAXIMUM, not a minimum. If you think you can get all the important information needed to get the marks onto 2 pages, that is acceptable. Your report must include the following:
Cover page containing: a) the name of the First Nation Community and the year(s) you are analyzing; b) the assignment due date; c) student’s names; d) instructor name; and e) course number & name.
AC431 Chapter 22 Assignment
Analysis of financial statements
- Describe what information in the financial statements would be of interest to a corporation that is interested in partnering with this First Nations community. Be specific to the First Nation financial statements you are analyzing.
- Are there additional disclosures, not currently present in the financial statements that would benefit the corporation? Be specific and refer to at least 2 separate disclosure notes.
- What is your opinion on the financial sustainability of the First Nation community? Refer to your financial analysis. (When performing the analysis, use the formulas that are in the textbook or PowerPoint, not formulas you find off the internet. You can choose to do horizontal or vertical analysis instead of ratio analysis – your choice.) Do not over-analyze this – pick a few key things to report on.
AC431 Chapter 22 Assignment
Decide on a potential partnership (one that you make up – a pretend partnership) that your corporation would like to engage in with the community, and report on it, answering the following
questions:
- What is the idea for your partnership with the First Nations community? (Do not use a real company here – make one up out of your head. Be as creative as you dare.)
- How would your proposed partnership benefit the First Nations community?
- How would the proposed partnership benefit your corporation?
- What strategy will your corporation use to engage the First Nations community in this venture?
(This is an important part of this section – 10 marks for this one part. Think about how First Nations communities have been historically treated in Canada; and think about ways your company can show the community that your company will not repeat those mistakes.) APA.