Identify the industry of the organization and present industry statistics. Perform a complete financial analysis of the organization’s financial statements for the last two years, including horizontal, vertical, and changes in ratios. Identify and analyze important segments (percentage of sales, or subsidiaries). Analyze cash flows. Compare and evaluate the organization’s ratios against the industry averages. Analyze the impacts and specific risks of international trade on the organization’s financial statements. Analyze the impact of ethical, regulatory, and tax considerations on the organization’s financial policy decisions.