Determine the financial position of a firm by analyzing financial statements.

Scenario
As you navigate employment opportunities listed on various job boards, your goal is to land a job with one of the top 500 firms in the United States. During your search, you have come across some enticing job postings online. However, the firms you want to join are requesting a 5-7-minute video accompanied by a PowerPoint Presentation showcasing applicants' knowledge of financial concepts, as these positions pertain to the field of finance.

Given the highly competitive nature of these finance roles, it is crucial to approach this task with creativity and composure. To distinguish yourself from other applicants in the market, you have decided to research ONE of the selected top 500 firm's financials and use this opportunity to craft a unique video that showcases your expertise. It is your moment to shine and make a lasting impression on potential employers.

Instructions
In preparation for your presentation to the hiring committees, record a 5–7-minute Microsoft PowerPoint presentation that includes the following elements:

Personal Introduction:
Provide a brief introduction that delves into your professional history.
Financial Statements Identification:
Detail the primary financial statements and articulate their respective purposes.
Accounting Equation and Financial Statements:
Explain the correlation between the accounting equation and the primary financial statements.
Cash Accounting vs. Cash Accrual:
Compare and contrast the cash accounting method with the cash accrual method.
Impact on Financial Statements:
Explain how the chosen accounting methods impact each of the primary financial statements.
Analysis of the Selected Top 500 Firm:
Identify your selected top 500 firm in the United States and scrutinize its financial position by examining its financial statements.
Note: Examples of an Income Statement, Balance Sheet, and Statement of Cash Flow of a top 500 company/firm in the United States of your choice are needed providing a year over year comparison for FIVE years of the financial statements.
Expression of Interest and Candidacy:
Conclude your presentation by expressing your interest in the selected firm to which you are applying and clearly state why you are an ideal candidate for the specific position.

Full Answer Section

       
    • Highlight key skills and experiences relevant to the finance role (e.g., "Proficient in financial modeling, data analysis, and financial reporting.")
    • Express enthusiasm for the opportunity to contribute to the success of [Selected Firm Name].

Slide 3: The Foundation: Primary Financial Statements

  • Headline: The Cornerstones of Financial Reporting
  • Bullet Points:
    • Income Statement:
      • Shows the company's revenues, expenses, and net income over a specific period.
      • Key items: Revenue, Cost of Goods Sold (COGS), Gross Profit, Operating Expenses, Net Income.
    • Balance Sheet:
      • Presents a snapshot of the company's financial position at a specific point in time.
      • Key items: Assets (what the company owns), Liabilities (what the company owes), and Shareholders' Equity (owner's claim on assets).
    • Statement of Cash Flows:
      • Reports the company's cash inflows and outflows from operating, investing, and financing activities.  
      • Helps understand how cash is generated and used by the business.

Slide 4: The Accounting Equation & Financial Statements

  • Headline: The Interconnectedness of Financial Statements
  • Equation: Assets = Liabilities + Shareholders' Equity
  • Explanation:
    • This fundamental equation highlights the relationship between the three key components of the balance sheet.
    • Changes in one component will impact the others, ensuring the equation remains balanced.
    • For example, an increase in assets (e.g., purchasing equipment) can be financed by increasing liabilities (e.g., borrowing money) or increasing equity (e.g., issuing new shares).

Slide 5: Cash vs. Accrual Accounting

  • Headline: Cash vs. Accrual: Recognizing Revenue and Expenses
  • Cash Accounting:
    • Revenue is recognized when cash is received.
    • Expenses are recognized when cash is paid.
    • Simple but may not accurately reflect the company's true financial performance.
  • Accrual Accounting:
    • Revenue is recognized when earned, regardless of when cash is received.
    • Expenses are recognized when incurred, regardless of when cash is paid.  
    • Provides a more accurate picture of a company's financial performance.

Slide 6: [Selected Firm Name] - Financial Analysis

  • Headline: [Selected Firm Name] - A Financial Deep Dive
  • Data:
    • Include 5 years of key financial data from the selected firm's annual reports:
      • Revenue
      • Net Income
      • Total Assets
      • Total Liabilities
      • Shareholders' Equity
      • Key financial ratios (e.g., Return on Equity, Debt-to-Equity ratio)
  • Analysis:
    • Analyze trends in key financial metrics.
    • Discuss potential areas of strength and weakness based on the financial data.
    • Briefly comment on the company's overall financial performance and future prospects.
    • Example: "Over the past five years, [Selected Firm Name] has consistently demonstrated strong revenue growth, driven by [mention specific factors, e.g., successful product launches, market expansion]. However, [mention a potential area of concern, e.g., increasing debt levels] may require further investigation."

Slide 7: Why [Your Name] is the Right Fit

  • Headline: A Strong Foundation for Success
  • Bullet Points:
    • Reiterate key skills and experiences relevant to the role.
    • Highlight your passion for finance and your eagerness to contribute to the success of [Selected Firm Name].
    • Emphasize your analytical and problem-solving abilities.
    • Express your enthusiasm for learning and growing within the company.

Slide 8: Contact Information

  • Headline: Contact Information
  • Include:
    • Your Name
    • Phone Number
    • Email Address
    • LinkedIn Profile URL
  • Thank You

Note:

  • Research: Thoroughly research the selected firm's financial statements. Utilize resources like SEC filings (10-K reports), company websites, and financial news sources.
  • Data Visualization: Use charts and graphs to effectively present financial data and trends.
  • Professionalism: Maintain a professional and confident demeanor throughout the presentation.
  • Practice: Rehearse your presentation to ensure smooth delivery and effective communication.

Sample Answer

       

PowerPoint Presentation: Finance Job Application

Slide 1: Title Slide

  • Title: [Your Name] - Finance Job Application
  • Subtitle: A Deeper Dive into Financial Statements
  • Image: Professional headshot
  • Date: [Date of Presentation]

Slide 2: Introduction

  • Headline: A Passion for Finance
  • Bullet Points:
    • Briefly introduce yourself and your background (e.g., "I am [Your Name], a highly motivated and results-oriented finance professional with [Number] years of experience in [Industry/Area of Expertise].")