ACT 350 Module 1 Financial Statements -CSU
Option #1: Financial Statements
Click to view the Annual Report of Procter & Gamble Company . Refer to the most recent of P&G’s
financial statements and the accompanying notes to address the following questions and topics:
recognition policies. Discuss the impact of trade promotions on P&G’s financial statements.
statements and related notes. Give two examples of the use of fair value information reported in either the financial statements or related notes.
basis consistent with those of last year?
P&G follow regarding accounting for advertising? Where are advertising expenses
reported in the financial statements?
Your well-written paper must be 2 to 3 pages in length, in addition to the title and reference
pages, and be formatted according to the CSU-Global Guide to Writing and APA Requirements .
Cite at least two peer-reviewed sources, in addition to the required readings for this module.