2017 Annual Report Analysis for AT&T

From the above report, it is evident to state that an audit of the company’s consolidated balance sheets as of December 31 2017 and 2016 was effectively carried out. The audit was carried out on statements of income, all-inclusive income, cash flows, as well as adjustments in the stockholders equity during the reporting period in review. From the report, it is important to note that with regard to the tabled report, there is a fair presentation in the confirmed material respects including, financial statements, the fiscal position of the company as of December 2017, as well as the results of the company’s processes. The cash flows for the period of operation as provided by the report were also keenly checked. Apparently the audit adhered to the provisions of the U.S principles of accounting. Additionally, through the comprehension of internal control over fiscal reportage, it is clear that the company retained and preserved all material compliments and appropriate internal control over fiscal reportage as of the tabled reports of December 2017 as provided by the COSO benchmarks. 

The strengths of AT&T constitute a wide experience in secure and classified works. The company also upholds skilled and knowledgeable workforce, global availability of resources, innovative labs as well as highly experienced managers. On the other hand, the weaknesses are made up of rapidly adjusting market as well as stiff competitions from companies that offer alternatives. The opportunities of the company are having more direct accesses to federal systems as well as the company’s customers and clients. Their threat constitutes the loss of monopoly in their industry, company holdings, higher prices compared to those of their competitors and vending the unlocking programs of distinctive phones. When all is said and done, the company has an enormous future in the telecommunication industry which is projected to offer a steadfast server to virtually all businesses in the world.