Financial Statement Of Organization Analysis 2022

Running Head: ANNUAL REPORT ANALYSIS AND INTERPRETATION
ANNUAL REPORT ANALYSIS AND INTERPRETATION
Name of the Student
Name of the University
Author Note

1ANNUAL REPORT ANALYSIS AND INTERPRETATION
Table of Contents
Introduction................................................................................................................................2
Discussion..................................................................................................................................2
Comparison of Key Aspects of Company’s Report with Company in another Industry.......2
Conclusion..................................................................................................................................4
Bibliography...............................................................................................................................5

2ANNUAL REPORT ANALYSIS AND INTERPRETATION
Introduction
The financial statement analysis is described as the process of doing analysis of the
financial statements of the organization for decision-making. The effective analysis of the
financial statement includes identifying the industry’s economic characteristics, identifying
companies’ strategies, assessment of the quality of firm’s financial statements, value of the
firm, analyzing risk and current profitability and so on (Crowther, 2018). Hence, under this
assignment discussion will be done on comparison of the key aspects of the report of the
company with the company in another industry. The company taken for analysis will be
Procter & Gamble and ConocoPhillips.
Discussion
Comparison of Key Aspects of Company’s Report with Company in another Industry
Industry and Strategy
The company Proctor & Gamble (P&G) is the American multination company in the
industry of consumer goods. It incorporated in the year 1905 with having focus on providing
the branded packaged goods of consumer all across the world. P&G uses differentiation as
their generic strategy for their competitive advantages. It use to highlights value as well as
quality in their consumer goods. However, ConocoPhillips is the American multinational
energy corporation in Oil & gas Exploration & Production Industry. It is among the six major
companies of oil. The company has the strategy for creating the value by the price cycles
with the help of delivering on disciplined financial as well as operational priorities, which
underpin their proposition of value (Robinsonet al. 2015).
Accounting policies