...XYZ CONSTRUCTION CO., INC. FINANCIAL STATEMENTS DECEMBER 31,20X1 SAMPLE FINANCIAL STATEMENTS ACCOUNTANTS' REVIEW REPORT Page 2 FINANCIAL STATEMENTS Balance Sheet Statement of Income and Retained Earnings Statement of Cash Flows Notes to Financial Statements Page Page 3 4 Pages 5 - 6 Pages 7 - 13 SUPPLEMENTAL INFORMATION Schedules of Earnings from Contracts and Contract Costs Schedules of General and Administrative Expenses and Other (Income) Expense Schedule of Contract Revenues, Costs and Profits Page 14 Page Page 15 16 JONES, HENLE . SCHUNCK THOMAS N. HENLE. CPA KARL E. SCHUNCK, CPA JOHN S. PALMER, CPA MICHAEL R. HUHN, CPA JAMES F. KEPKE, CPA CRAIG A. CLEVELAND, CPA GLEN A. THOMAS, CPA CHRISTOPHER D. YORK. CPA The Board of Directors XYZ Construction Co. Inc. Danville and Irvine, California We have reviewed the accompanying balance sheet of XYZ Construction Co., Inc. as of December 3 1, 20x1 and the related statements of income and retained earnings, and cash flows for the year then ended, in accordance with Statements on Standards for Accounting and Review Services issued by the American Institute of Certified Public Accountants. All information included in these financial statements is the representation of the management of XYZ Construction Co., Inc. A review consists principally of inquiries of company personnel and analytical procedures applied to financial data. It is substantially less in scope than an audit in accordance with generally...
Words: 2534 - Pages: 11
...XYZ Construction Inc. to would like to use Milligans’s consultant firm to create a marketing plan; they must first would need to know the steps to developing a successful plan. According to Buttell A.E. (2009), there are four steps to an effective marketing plan. Step 1 – Build an executive summary targeting the company’s specialty/product and the company’s strengths. For example, XYZ Construction Inc. is a successful construction company that is currently privately owned and was created in the 1950’s by the Berket family. The company performs road, airfields and bridges contractions in eleven states. XYZ Constructions obtains their procurement through government funds such as Bids, grants and contracts. Then conduct a Situation Analysis which would include information such as; the company is based out of Denver Colorado and has 16 different offices across the Country. The company has over 2,000 employees during off peak season and twice as much during construction season. The labor force is made up of heavy and light equipment operators, civil engineers and project managers, administrative staff in the headquarters facility, along with support staff in each of the other 16 locations across 11 states. The company performs horizontal contract work which means the company is not distracted by having to introduce innovative technologies, materials, systems and processes so as to keep up with the trends and their other competitors. This company’s motivation is directed to being...
Words: 2018 - Pages: 9
...[pic] NORTHCENTRAL UNIVERSITY ASSIGNMENT COVER SHEET Student: John M.Kaykay THIS FORM MUST BE COMPLETELY FILLED IN Follow these procedures: If requested by your instructor, please include an assignment cover sheet. This will become the first page of your assignment. In addition, your assignment header should include your last name, first initial, course code, dash, and assignment number. This should be left justified, with the page number right justified. For example: | KaykayJSKS7000-8-5 | Save a copy of your assignments: You may need to re-submit an assignment at your instructor’s request. Make sure you save your files in accessible location. Academic integrity: All work submitted in each course must be your own original work. This includes all assignments, exams, term papers, and other projects required by your instructor. Knowingly submitting another person’s work as your own, without properly citing the source of the work, is considered plagiarism. This will result in an unsatisfactory grade for the work submitted or for the entire course. It may also result in academic dismissal from the University. | | | |SKS7000-8 |Dr. Milton Kabia ...
Words: 1895 - Pages: 8
...marketing flyer which outlines the key offerings at XYZ Construction INC. This flyer will be used to educate potential customers on the services offered by the firm. Who is XYZ Construction XYZ Construction, Inc. is a privately owned company founded in the 1950s. The owners have decided to transform the business from one of private ownership to public ownership and plans for its Initial Public Offering (IPO) to be in 12 months. XYZ Construction, Inc. performs horizontal construction work including roads, airfields, and bridges. The company’s headquarters is in Denver Colorado and has 16 field offices located in 11 states (Silver, 2012). Products and Services XYZ Construction, INC provides horizontal construction work including roads, airfields, and bridges. The company has a workforce which includes heavy and light equipment operators, civil engineers, and project managers along with an administrative staff in the headquarters facility with support staff in each of the 16 field offices (Silver, 2012). Marketing Strategy Construction companies market themselves effectively differentiate their services from the competition and stand a much better chance of driving qualified new business (Hernandez, 2008). The result should be an increase growth in a field that suits your company’s specific sales goals and identity (Hernandez, 2008). In short, the flyer should outline the marketing strategies for XYZ Construction Company and how they will develop a particular...
Words: 295 - Pages: 2
...XYZ Construction Inc. has cornered the market in the U. S. for state and federal horizontal construction contracts. With that success, it only makes sense to look to an expanded future in the U. S. and abroad. With expansion come diversity, and the ability to offer efficiency and affordability to all of our clients and their projects. The horizontal construction industry is continuing to show stability among our government clients and XYZ Construction Inc. is committed to continuing to serve the public through agencies that are charged with spending public funds efficiently.As a successful business, XYZ Construction Inc. is staying focused on revenue growth. Being successful and continuing to be successful through steady growth will allow us to expand with ease, while continuing to offer efficiency and affordability to our core business. Our currentclientele will continue to rely on us to bring innovative yet affordable solutions to their horizontal construction projects and we will stay committed to the business that has been the successful foundation of XYZ Construction Inc. from the beginning.Innovation is the key to the U. S. highway industry according to the Federal Highway Administration. Although XYZ Construction Inc. is working on expanding our business, we are staying focused on the anticipated demands and challenges inherent in providing a functional, efficient, and safe surface transportation system for our government clients. Our government clients are relying...
Words: 788 - Pages: 4
...XYZ CONSTRUCTION CO., INC. FINANCIAL STATEMENTS DECEMBER 31,20X1 SAMPLE FINANCIAL STATEMENTS Page 2 Balance Sheet Page 3 Statement of Income and Retained Earnings Page 4 Statement of Cash Flows Pages 5 - 6 Notes to Financial Statements Pages 7 - 13 ACCOUNTANTS' REVIEW REPORT FINANCIAL STATEMENTS SUPPLEMENTAL INFORMATION Schedules of Earnings from Contracts and Contract Costs Page 14 Schedules of General and Administrative Expenses and Other (Income) Expense Page 15 Schedule of Contract Revenues, Costs and Profits Page 16 JONES, HENLE . SCHUNCK THOMAS N. HENLE. CPA KARL E. SCHUNCK, CPA JOHN S. PALMER, CPA MICHAEL R. HUHN, CPA JAMES F. KEPKE, CPA CRAIG A. CLEVELAND, CPA GLEN A. THOMAS, CPA CHRISTOPHER D. YORK. CPA The Board of Directors XYZ Construction Co. Inc. Danville and Irvine, California We have reviewed the accompanying balance sheet of XYZ Construction Co., Inc. as of December 3 1, 20x1 and the related statements of income and retained earnings, and cash flows for the year then ended, in accordance with Statements on Standards for Accounting and Review Services issued by the American Institute of Certified Public Accountants. All information included in these financial statements is the representation of the management of XYZ Construction Co., Inc. A review consists principally of inquiries of company personnel and analytical procedures applied to financial data. It is...
Words: 2535 - Pages: 11
...marketing flyer which outlines the key offerings at XYZ Construction INC. This flyer will be used to educate potential customers on the services offered by the firm. Who is XYZ Construction XYZ Construction, Inc. is a privately owned company founded in the 1950s. The owners have decided to transform the business from one of private ownership to public ownership and plans for its Initial Public Offering (IPO) to be in 12 months. XYZ Construction, Inc. performs horizontal construction work including roads, airfields, and bridges. The company’s headquarters is in Denver Colorado and has 16 field offices located in 11 states (Silver, 2012). Products and Services XYZ Construction, INC provides horizontal construction work including roads, airfields, and bridges. The company has a workforce which includes heavy and light equipment operators, civil engineers, and project managers along with an administrative staff in the headquarters facility with support staff in each of the 16 field offices (Silver, 2012). Marketing Strategy Construction companies market themselves effectively differentiate their services from the competition and stand a much better chance of driving qualified new business (Hernandez, 2008). The result should be an increase growth in a field that suits your company’s specific sales goals and identity (Hernandez, 2008). In short, the flyer should outline the marketing strategies for XYZ Construction Company and how they will develop a particular specialty...
Words: 1595 - Pages: 7
...NORTHCENTRAL UNIVERSITY ASSIGNMENT COVER SHEET Learner: Chandra Taylor THIS FORM MUST BE COMPLETELY FILLED IN Please Follow These Procedures: If requested by your mentor, use an assignment cover sheet as the first page of the word processor file. The assignment header should include the Learner’s last name, first initial, course code, dash, and assignment number (DoeJXXX0000-1) justified to the left and the page number justified to the right. Keep a Photocopy or Electronic Copy of Your Assignments: You may need to re-submit assignments if your mentor has indicated that you may or must do so. Academic Integrity: All work submitted in each course must be the Learner’s own. This includes all assignments, exams, term papers, and other projects required by the faculty mentor. The known submission of another person’s work represented as that of the Learner’s without properly citing the source of the work will be considered plagiarism and will result in an unsatisfactory grade for the work submitted or for the entire course, and may result in academic dismissal. | | SKS7000-8 | Xui Bai | | | Foundations for Doctoral Study in Business | Assignment #7 | | | <Add Learner comments here> ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- Faculty Use Only ------------------------------------------------- ------------------------------------------------- ...
Words: 2589 - Pages: 11
...Background on XYZ XYZ Construction Inc. performs horizontal construction work including roads, airfields, and bridges. The company’s headquarters is in Denver, Colorado, and has 16 field offices located in 11 states. The workforce includes heavy and light equipment operators, civil engineers, and project managers along with an administrative staff in the headquarters facility with support staff in each of the 16 field offices. The company has 2,300 year-round employees and will surge to an average of 4,500 employees during peak construction periods. Currently, XYZ Construction Inc. is a privately owned company that began as a family business in the 1950s. Ownership has decided to go public with XYZ. The job of Carlton LLC is to highlight key points in the Initial Public Offering. These key points will consist of marketing, management, business ethics, global dimensions, accounting, financial, economic, legal, information management, research, leadership, and business integration aspects of the company. Marketing for XYZ In the next 12 months we will be going through an Initial Public Offering (IPO). The purpose of an IPO, again, is to take the company public. An initial public offering (IPO) is the first time a company offers its shares for sale to general investors. The process is called “going public.” The shares are listed subsequently on a national securities exchange, for example, the New York Stock Exchange (NYSE). This method is used by small, medium and large...
Words: 321 - Pages: 2
...Background on XYZ XYZ Construction Inc. performs horizontal construction work including roads, airfields, and bridges. The company’s headquarters is in Denver, Colorado, and has 16 field offices located in 11 states. The workforce includes heavy and light equipment operators, civil engineers, and project managers along with an administrative staff in the headquarters facility with support staff in each of the 16 field offices. The company has 2,300 year-round employees and will surge to an average of 4,500 employees during peak construction periods. Currently, XYZ Construction Inc. is a privately owned company that began as a family business in the 1950s. Ownership has decided to go public with XYZ. The job of Carlton LLC is to highlight key points in the Initial Public Offering. These key points will consist of marketing, management, business ethics, global dimensions, accounting, financial, economic, legal, information management, research, leadership, and business integration aspects of the company. Marketing for XYZ In the next 12 months we will be going through an Initial Public Offering (IPO). The purpose of an IPO, again, is to take the company public. An initial public offering (IPO) is the first time a company offers its shares for sale to general investors. The process is called “going public.” The shares are listed subsequently on a national securities exchange, for example, the New York Stock Exchange (NYSE). This method is used by small, medium and large...
Words: 848 - Pages: 4
...As many of you heard that, the Chief Financial Officer (CFO) for XYZ Construction Inc. has been promoted to the newly created position of Vice President of Overseas Operation. The CFO’s absence leaves a void in the knowledge base of the owners group regarding several key financial and accounting principles. There will be all hands training meeting on May 25 @ 1100 local time, expected to last until 1300 and will be held at the Denver Embassy Suites conference room. The hotel will provide the video conference need for the offsite employees who will not be able to attend in person. This training meeting will provide the employees the necessary knowledge and understanding of these key financial and accounting principles. That is associated with the financial management, accounting internal control cash management and Sarbanes-Oxley Regulations. During this training meeting agenda, the following financial and accounting principles will discuss: • Balance of the Account • Sarbanes-Oxley Act of 2002 • Cash Equivalents • Petty Cash • Voucher Background XYZ Construction Inc. performs horizontal construction work including roads, airfields, and bridges. The company’s headquarters is in Denver, Colorado and has 16 field offices located in 11 states. The workforce includes heavy and light equipment operators, civil engineers, and project managers along with an administrative staff in the headquarters facility with support staff in each of the 16 field offices. The company has...
Words: 735 - Pages: 3
...NORTHCENTRAL UNIVERSITY ASSIGNMENT COVER SHEET Learner: THIS FORM MUST BE COMPLETELY FILLED IN Please Follow These Procedures: If requested by your mentor, use an assignment cover sheet as the first page of the word processor file. The assignment header should include the Learner’s last name, first initial, course code, dash, and assignment number (DoeJXXX0000-1) justified to the left and the page number justified to the right. Keep a Photocopy or Electronic Copy of Your Assignments: You may need to re-submit assignments if your mentor has indicated that you may or must do so. Academic Integrity: All work submitted in each course must be the Learner’s own. This includes all assignments, exams, term papers, and other projects required by the faculty mentor. The known submission of another person’s work represented as that of the Learner’s without properly citing the source of the work will be considered plagiarism and will result in an unsatisfactory grade for the work submitted or for the entire course, and may result in academic dismissal. | | | |SKS7000-8 |Gillian Silver | | | ...
Words: 1049 - Pages: 5
...XYZ CONSTRUCTION CO., INC. FINANCIAL STATEMENTS DECEMBER SAMPLE FINANCIAL STATEMENTS ACCOUNTANTS' REVIEW REPORT Page 2 FINANCIAL STATEMENTS | | Balance Sheet | Page | 3 | Statement of Income and Retained Earnings | Page | 4 | Statement of Cash Flows | Pages | 5 - 6 | Notes to Financial Statements | Pages | 7 - 13 | SUPPLEMENTAL INFORMATION Schedules of Earnings from Contracts and Contract Costs Schedules of General and Administrative Expenses and Other (Income) Expense Schedule of Contract Revenues, Costs and Profits Page 14 Page 15 Page 16 JONES, HENLE . SCHUNCK THOMAS N. HENLE. CPA KARL E. SCHUNCK, CPA JOHN S. PALMER, CPA MICHAEL R. HUHN, CPA JAMES KEPKE, CPA CRAIG A. CLEVELAND, GLEN A. THOMAS, CPA D. YORK. CPA The Board of Directors XYZ Construction Co. Danville and California We have reviewed the accompanying balance sheet of XYZ Construction Co., Inc. as of December 31, and the related statements of income and retained earnings, and cash flows for the year then ended, in accordance with Statements on Standards for Accounting and Review Services issued by the American Institute of Certified Public Accountants. All information included in these financial statements is the representation of the management of XYZ Construction Co., Inc. A review consists principally of inquiries of company personnel and analytical procedures applied to financial data. It is substantially less in scope than...
Words: 2318 - Pages: 10
...Guidelines for You are the Judge Papers These are the guidelines for the You Are the Judge papers. Remember that each paper is worth up to 100 points and the information can come from any portion of the textbook, not just your currently assigned reading. The minimum length of the papers will be three double‐spaced pages. The maximum length of the papers will be seven double‐spaced pages. The required three papers will be prepared by the student using the following format (any other formats will not be accepted for credit): Legal Issues. State the legal issue(s) involved in this dispute as short legal questions in your first paragraph. Plaintiff's Arguments. What facts and legal rules support the Plaintiff's (the one suing) arguments? (second paragraph) Defendant's Arguments. What facts and legal rules support the Defendant's arguments? (third paragraph) My Decision as the Judge. "You be the Judge", who should prevail (win the case) and what legal rules control in this type of dispute, based on "these given facts"? (fourth and fifth paragraphs) My Own Opinion. Do you think the legal rules that currently apply are fair and reasonable, or should they be changed; explain your reasoning? (sixth paragraph) All legal rules, whether case law, common law, or statutory law cited in your discussions must be taken from somewhere in your class textbook materials. You should cite the page number or other reference to your textbook materials...
Words: 1136 - Pages: 5
...Guidelines for You are the Judge Papers These are the guidelines for the You Are the Judge papers. Remember that each paper is worth up to 100 points and the information can come from any portion of the textbook, not just your currently assigned reading. The minimum length of the papers will be three double‐spaced pages. The maximum length of the papers will be seven double‐spaced pages. The required three papers will be prepared by the student using the following format (any other formats will not be accepted for credit): Legal Issues. State the legal issue(s) involved in this dispute as short legal questions in your first paragraph. Plaintiff's Arguments. What facts and legal rules support the Plaintiff's (the one suing) arguments? (second paragraph) Defendant's Arguments. What facts and legal rules support the Defendant's arguments? (third paragraph) My Decision as the Judge. "You be the Judge", who should prevail (win the case) and what legal rules control in this type of dispute, based on "these given facts"? (fourth and fifth paragraphs) My Own Opinion. Do you think the legal rules that currently apply are fair and reasonable, or should they be changed; explain your reasoning? (sixth paragraph) All legal rules, whether case law, common law, or statutory law cited in your discussions must be taken from somewhere in your class textbook materials. You should cite the page number or other reference to your textbook materials...
Words: 1136 - Pages: 5