Variance Analysis: Walmart Inc. Performance Reporting

Walmart Inc. Performance Reporting
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Walmart Inc. Performance Reporting
Walmart Inc. is a multinational retail company based in the United States of America (USA). I used to work at Walmart Inc., which is the reason I have selected this firm to describe and critique its performance reporting. Walmart Inc. publishes an annual report every year by following the guidelines provided by the United States Securities and Exchange Commission (SEC) (Walmart Inc., 2020). The Form 10-K portrays how the corporation is performing financially by displaying both qualitative and quantitative information. Some of the financial data offered by the Form 10-K annual report include consolidated statements of income, balance sheets, comprehensive income, and statements of cash flows.
Notably, I liked how Walmart Inc. reported its performance transparently by providing credible information. The most significant thing about the company is that it adheres to various frameworks and regu...