Fma Assignment
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Master of Business Administration
FINANCIAL & MANAGEMENT ACCOUNTING
ASSIGNMENT
October 2012 – September 2013
Financial and Management Accounting
You are required to submit an individual assignment that is expected to be approximately 3000 words in length. This will be 50% of the total mark for the class.
THE AIM OF THE ASSIGNMENT
The aim of the assignment is to enable you to be familiar with the financial reports that are published by companies to provide information to the interested parties. It is intended that you should interpret the information from both the financial statements and the other reports that are included in the Annual Report and also in the other announcements that companies make from time to time.
INTRODUCTION
As the projects manager of a UK - based company that is quoted on the London Stock Exchange (LSE), you report to the finance director. The company is considering making a takeover bid for another LSE listed company in the same line of business and the finance director has asked you to prepare the initial evaluation of the target company for consideration by the Board of Directors. At present you have no access to the target company beyond information available in the public domain and so the starting point will be the annual report of the company that is available on its website.
SELECTION OF A TARGET COMPANY and at least one other company in the same industry as a BENCHMARK
You have to select your own target company. Choose a UK LSE (Main Market, not AIM) listed company (other than the one you work in) in any sector except banking and other financial institutions. It must not be a subsidiary of another company or an overseas company with a UK listing. Avoid companies that have been involved in a major takeover or disposal during the period that you are investigating. It is likely that there will be some changes that will have occurred in most companies but do not
Master of Business Administration
FINANCIAL & MANAGEMENT ACCOUNTING
ASSIGNMENT
October 2012 – September 2013
Financial and Management Accounting
You are required to submit an individual assignment that is expected to be approximately 3000 words in length. This will be 50% of the total mark for the class.
THE AIM OF THE ASSIGNMENT
The aim of the assignment is to enable you to be familiar with the financial reports that are published by companies to provide information to the interested parties. It is intended that you should interpret the information from both the financial statements and the other reports that are included in the Annual Report and also in the other announcements that companies make from time to time.
INTRODUCTION
As the projects manager of a UK - based company that is quoted on the London Stock Exchange (LSE), you report to the finance director. The company is considering making a takeover bid for another LSE listed company in the same line of business and the finance director has asked you to prepare the initial evaluation of the target company for consideration by the Board of Directors. At present you have no access to the target company beyond information available in the public domain and so the starting point will be the annual report of the company that is available on its website.
SELECTION OF A TARGET COMPANY and at least one other company in the same industry as a BENCHMARK
You have to select your own target company. Choose a UK LSE (Main Market, not AIM) listed company (other than the one you work in) in any sector except banking and other financial institutions. It must not be a subsidiary of another company or an overseas company with a UK listing. Avoid companies that have been involved in a major takeover or disposal during the period that you are investigating. It is likely that there will be some changes that will have occurred in most companies but do not