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Module 1 – SLPFinancial ReportingAssignment OverviewTraditional and Triple Bottom Line Reporting For managers in all departments, analyzing Traditional and Triple Bottom Line Reporting is important fo

Module 1 – SLPFinancial ReportingAssignment OverviewTraditional and Triple Bottom Line Reporting

For managers in all departments, analyzing Traditional and Triple Bottom Line Reporting is important for making informed decisions that balance financial performance with social and environmental responsibility. It helps managers align strategies with sustainability goals, drive innovation, and support long-term success while fostering a positive corporate image.

SLP 1 Must be Completed Before Case 1

Module 1 SLP Resources

Income Statements

How to Read & Understand an Income StatementHow Do I Read and Analyze an Income Statement?

Balance Sheets

How to Evaluate a Company’s Balance SheetHow to Read & Understand a Balance Sheet

Financial Health

4 Steps to Determine the Financial Health of Your CompanyWhat Is the Best Measure of a Company’s Financial Health?

Triple Bottom Line

Triple Bottom LineThe Triple Bottom Line: What It Is & Why It’s ImportantMeasure More Value with the Triple Bottom Line

SLP AssignmentSelect the Business

You will create financials for Case 1 and SLP 1 using the free version of ChatGPT which you worked with in ETH501 and MGT501. How to cite ChatGPT

Decide the type of for-profit business you wish to analyze for Case 1 and SLP 1. The choices are:

  • A small restaurant
  • A small retail store
  • A small manufacturer
  • A small consulting/services company

You may specify the type of restaurant, store, product you manufacture, or consulting company. Do not put in the name of a real business, brand, or company. You may give your business a name when you analyze it.

Get your Financials

You will run 4 separate queries, one at a time. Remain in the same chat so that the financials will reflect the chosen business. Be sure to replace “INSERT BUSINESS TYPE” in your queries with the business type you selected.

For SLP 1

Query 1: Create triple bottom line financial data for a small INSERT BUSINESS TYPE. Do not include analysis.

  • Query 2: Repeat the financial data in a traditional format: income statement, balance sheet.

For Case 1

  • Query 3: Create the past 5 years of triple bottom line financial data for the small INSERT BUSINESS TYPE. Do not include analysis. Consider the US economic climate when creating the hypothetical financials.
  • Query 4: Repeat in a traditional format: 5 years’ income statement and balance sheet.

Screenshot the 4 queries and paste them into a second Word document that must be uploaded with your assignment. A screenshot is different than copying and pasting. Your assignment will not be graded without the screenshots.

How to take screenshots on Windows 11

Take a screenshot on your Mac

Analyze the Traditional Financial Reports

Review the provided Income Statement and Balance Sheet for the small business. Using the resources provided, address the following:

Income Statement Analysis

  • Copy and paste the Figures from ChatGPT or create visuals from the data.
  • Identify the key components of revenue, expenses, and profitability.
  • Explain the meaning of gross profit margin, net profit margin, and operating margin. (3/4 of a page)

Balance Sheet Analysis

Copy and paste the Figures from ChatGPT or create visuals from the data.

Review the business’ assets, liabilities, and equity. Comment on the liquidity and solvency of the business using relevant financial ratios. (3/4 of a page)

Financial Health

Based on your analysis of both the income statement and balance sheet, provide an assessment of the business’ financial health and stability. (3/4 of a page)

Examine the Triple Bottom Line (TBL) Report

Analyze the TBL Report data provided for the small business, focusing on the People, Planet, and Profit components:

Social Impact (People)

Copy and paste the Figures from ChatGPT or create visuals from the data

Examine the business’ investments in employee well-being, community contributions, and customer health and safety initiatives. How do these initiatives contribute to the business’s long-term sustainability? (3/4 of a page)

Environmental Impact (Planet)

Copy and paste the Figures from ChatGPT or create visuals from the data.

Evaluate the business’ efforts in energy efficiency, waste reduction, and water conservation. 

What are the potential cost savings and environmental benefits of these practices? (3/4 of a page)

Financial Impact (Profit)

Copy and paste the Figures from ChatGPT or create visuals from the data.

Compare the profit figures in the traditional financial report and the TBL report. 

Discuss any additional costs or savings associated with the business’ sustainability efforts. (3/4 of a page)

NOTE: You are not permitted to ask ChatGPT to write the content. If the assignment is written by AI, a zero will be awarded and no resubmission will be accepted. 

Since you are engaging in research, be sure to cite each paragraph and add a reference list in APA format. NOTE: failure to use research with accompanying in-text citations to support content will result in a score of 60% for each grading criterion. This is a research-based, professional paper; not a personal one based on feelings. It must be written in the third person; this means words like “I,” “we,” and “you” are not appropriate. No quotations are permitted in this paper. The excessive use of quotes will directly impact performance since this indicates a lack of comprehension and shows that you may not have mastered the concepts.

Need help with the reference list format or citation format?

  • Free Citation Generator (APA)
  • “Full citation” is for the Reference list. In-text citation is used in the written paragraph.

SLP Assignment Expectations

Use the ACC501 SLP 1 APA-formatted template to create your submission.

  • The template is set up in APA 7: double-spacing, font, margins, headings, page breaks, APA help links.

Your submission will include:

  • Trident University International’s cover page
  • A paper with APA citations (2- to 3-sentence Overview, 4 ½-page body, 2- to 3-sentence conclusion). Page counts do not include content, data, tables, or graphs from ChatGPT.
  • The reference list page in APA format
  • A Word file containing screenshots from ChatGPT. The assignment will not be graded unless this is submitted.

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