Research Paper On Comcast

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Comcast the parent of NBC Universal offers cable services in the form of high speed internet, video and voice services to both commercial and residential customers. The services are provided in a bundled form and individually. The Company also provides home security and automation services all over the United States. Comcast also plans to diversify into Asia with its theme park concept
Auditor’s report
Who are the firm’s auditors? Do they provide a clean opinion on the financial statements?
The auditor of Comcast is Deloitte & Touche LLP; Deloitte & Touche LLP, is an international accounting firm and is one of the “big five” accounting firms. In the opinion of the auditors, the books of Comcast present a fair view of the Group’s consolidated financial position as at December 31st, 2016. A fair presentation of financial statements means Comcast financial …show more content…

The Annual Report of Comcast also provides the following information:
1. Business, strategy and details of the performance
2. Messages from the Chairman and CEO.
3. Selected financial data.
4. Director’s report and management analysis of Financial report
5. Auditor’s opinion and independence declaration.
6. Changes in accounting and financial disclosure.
7. Details of the directors, main officers and corporate governance.
8. Compensation of the executives of the Company

Balance sheet:
What are the company’s three largest assets for the most recent year presented?
The balance sheet is a financial statement that summarizes a company's assets, liabilities and shareholders' equity at a specific point in time; it is often described as a "snapshot of a company's financial condition. For the year ending December 31st, 2016 Comcast three largest assets were
1. Franchise Rights $59,364M
2. Property and Equipment, net (which is Property and equipment, at cost less Accumulated depreciation and amortization.) $36,253M

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