Excel Project: Part I Instructions
Company Information (Tab 1), and
Historical Income Statements, Balance Sheets, and Cash Flows (Tabs 2-4)
Go to the Securities and Exchange Commissions EDGAR database and access your chosen companys most recent Form 10-K (annual report). (For help with this process, see the Module/Week 1 presentation, Downloading Financial Statements from the SEC EDGAR Database.)
Create an Excel workbook, including data for your chosen company as follows:
o The 1st tab (worksheet) in your Financial Statement Analysis Template must be labeled Company Information. The following information must be included:
Company Name and ticker symbol
Industry
Products or services offered
Major competitors
An example of this tab is provided in Exhibit A.
o The 2nd tab in your Financial Statement Analysis Template must be labeled Historical Income Statements.
Include the latest three years based on SEC filings.
Ensure that the worksheet includes a header with:
Company Name
Financial Statement Name (Income Statements)
Financial Statement Dates
Denomination level ($s in millions or thousands, etc.)
o The 3rd tab in your Financial Statement Analysis Template must be labeled Historical Balance Sheets.
Include the latest three years based on SEC (10-K) filings. (Note: Some 10-Ks only provided 2 years of balance sheet data. You may need to download the second most recent 10-K for your company in order to obtain 3 years of balance sheet data.)
Ensure that the worksheet includes a header with:
Company Name
Financial Statement Name
Financial Statement Dates
Denomination level ($s in millions or thousands, etc.)
A partial balance sheet example is provided in Exhibit B.
o The 4th tab in your Financial Statement Analysis Template must be labeled Historical Statement of Cash Flows.
Include the latest three years based on SEC (10-K) filings.
Make sure that the Income Statement, Balance Sheet, and Cash Flows Statement tie in as follows:
Net Income from Income Statement agrees with Net Income on the Statement of Cash Flows.
Ending Cash Balance from Statement of Cash Flows agrees with Cash in the Balance Sheet.
Ensure that the worksheet includes a header with:
Company Name
Financial Statement Name
Financial Statement Dates
Denomination level ($s in millions or thousands, etc.)
o Other instructions:
The Excel workbook should be professionally formatted. Professional formatting includes:
All numbers are formatted similarly. The use of decimals, commas for thousands, and other formatting is consistent.
Dollar signs are included in the first and last numbers of each column.
Subtotals and totals are preceded by a single underline. Totals are followed by a double underline.
All extraneous information is removed from the spreadsheet. Sometimes, files downloaded from the SEC website contains extra characters or other things that need to be deleted.
Line descriptions are indented/bolded in a manner that makes the spreadsheet easy to read.
All totals and subtotals should be calculated using formulas. For an example of which cells may need formulas, please see Exhibit B.
