FBLA

Financial Statement Analysis

Financial Statement Analysis provides members with the opportunity to apply knowledge in accounting and analyzing financial information. This competitive event consists of a presentation component, with a specific topic.

Event Overview

Division: High School
Event Type: Team of 1, 2 or 3 members
Event Category: Presentation
Event Elements: Presentation with a Topic
Presentation Time: 3-minute set-up, 7-minute presentation time, 3-minute question & answer time
NACE Connections: Career & Self-Development, Critical Thinking, Communication, Leadership, Professionalism, Teamwork

Equipment Provided by Competitors: Technology and presentation items for preliminary and final round presentation

Equipment Provided by FBLA: Table for preliminary round presentation; table, power, projector & screen for final round presentation

2023-2024 Topic

Your CFO has asked you to prepare a presentation for your company’s Board of Directors to describe the financial condition of Intel Corp and articulate your guidance on investment decisions. Show analysis performed on each financial statement and use that analysis to tell the company’s Board of Directors a story of Intel Corp’s performance and where you see the company going.

District

Check with your District leadership for District-specific competition information.

State

Eligibility

·         FBLA membership dues are paid by 11:59 pm Eastern Time on December 1 of the current school year.
·         Members may compete in an event at the State Leadership Conference (SLC) more than once if they have not previously placed in the top ten of that event at the National Leadership Conference (NLC). If a member places in the top ten of an event at NLC, they are no longer eligible to compete in that event.
·         Members must be registered for the SLC and pay the state conference registration fee in order to participate in competitive events.
·         Members must stay in an official FBLA hotel in order to compete.
·         Each district may be represented by participant(s) based on the Florida FBLA scaled quota system found on the Florida FBLA website.
·         Each competitor can only compete in one individual/team event and one chapter event (American Enterprise Project, Community Service Project, Local Chapter Annual Business Report, Partnership with Business Project).
·         Only competitors are allowed to plan, research, prepare, and set up their presentations.
·         All members of a team must consist of individuals from the same chapter.
·         Participants must adhere to the Florida FBLA dress code established by the Florida Board of Directors or they will not be permitted to participate in the competitive event.

Recognition

· The number of competitors will determine the number of winners. The maximum number of winners for each competitive event is 10.

Event Administration

· This event has two parts: preliminary presentation and final presentation

· Preliminary Presentation

o   Equipment Set-up Time: 3 minutes
o   Presentation Time: 7 minutes (one-minute warning)
o   Question & Answer Time: 3 minutes
o   Internet Access: Not provided
o   The presentation should include the following:

§ Analysis performed on Intel Corp’s financial statements (the actual Intel Corp, finding publicly posted financial statements from the previous year, found at SEC’s EDGAR website)

·         Balance Sheet
·         Income Statement
·         Statement of Cash Flow
·         Stockholders' Equity

§ Describe each financial statement and its purpose
§ Perform financial analysis over each financial statement section
§ Describe the financial condition of the company using insights gained from financial analysis
§ Guidance for upcoming business decisions

o   The presentation is judged at the NLC. Preliminary presentations are not open to conference attendees. The presentation will take place in a large, open area, with a booth size of approximately 12’ x 12’.
o   Competitors/teams are randomly assigned to sections.
o   Competitors present directly from a laptop/device. Screens and projectors are not allowed for use, and competitors are not allowed to bring their own. Power will not be available.
o   Competitors can present with and bring any of the following technology into the presentation as long as it fits on the small table in front of the judges’ table or is held by the competitors:

§ Laptop
§ Tablet
§ Mobile phone
§ External monitor that is approximately the size of a laptop monitor

o   Materials, visual aids, and samples related to the project may be used during the presentation; however, no items may be left with the judges or audience.
o   When the equipment set-up time has elapsed, the timer will automatically start the seven-minute presentation time.
o   If performing as a team, all team members are expected to actively participate in the presentation.
o   No animals (except authorized service animals) will be allowed for use in any competitive event.
o   Facts and data must be cited and secured from quality sources.

· Final Presentation

§ Analysis performed on Intel Corp’s financial statements (the actual Intel Corp, finding publicly posted financial statements from the previous year, found at SEC’s EDGAR website)

·         Balance Sheet
·         Income Statement
·         Statement of Cash Flow
·         Stockholders' Equity

o An equal number of competitors/teams from each section in the preliminary round will advance to the final round. When there are more than five sections of preliminary presentations for an event, two competitors/teams from each section will advance to the final round.

o Final presentations may be open to conference attendees, space permitting. Finalists may not view other competitors’ presentation in their event.

o Competitors can present with and bring any of the following technology into the presentation as long as it fits on the small table in front of the judges’ table or is held by the competitors:

§ Laptop
§ Tablet
§ Mobile phone
§ External monitor that is approximately the size of a laptop monitor

o   The following will be provided for the final round if it occurs in a conference room: screen, power, table, and projector. Competitors using laptops or other devices that do not have an HDMI port will need to provide their own adapters. It is up to the final round competitors to determine if they wish to use the technology provided.
o   Materials, visual aids, and samples related to the project may be used during the presentation; however, no items may be left with the judges or audience.
o   When the equipment set-up time has elapsed, the timer will automatically start the seven-minute presentation time.
o   If performing as a team, all team members are expected to actively participate in the presentation.
o   No animals (except authorized service animals) will be allowed for use in any competitive event.
o   Facts and data must be cited and secured from quality sources.

Scoring

·         The preliminary presentation score will determine the finalists.
·         The final presentation score will determine the top winners.
·         The judges will break a tie. All decisions of the judges are final.

Americans with Disabilities Act (ADA)

· FBLA meets the criteria specified in the Americans with Disabilities Act for all competitors with accommodations submitted through the conference registration system by the registration deadline.

Recording of Presentations

· No unauthorized audio or video recording devices will be allowed in any competitive event.
· Competitors in the events should be aware FBLA reserves the right to record any presentation for use in study or training materials.

Penalty Points

· Competitors may be disqualified if they violate the Competitive Event Guidelines or the Honor Code.

National

Be sure to see the National guidelines at https://www.fbla.org/divisions/fbla/fbla-competitive-events/