Research and Analysis Project for B.Sc Honors in Applied Accounting to Be Presented to: Oxford Brookes University England Word Count: 6,412 Prepared by: Mentor: an Analysis of the Business and Financial
Research and Analysis Project
INTRODUCTION:
Selecting ACCA certification has been one of the most important decisions by me as it helped me leverage my position in the job market along with extensive understanding of accounting concepts. Other than that, I selected it as it provided me an opportunity to get the BSc. Honors degree of Oxford Brookes University. While studying as an accounting student in United Kingdom, I really needed a locally recognized degree on my resume to enhance my exposure in the competitive market of UK. The topic I chose for my research is “Financial and business analysis of an organization over a period of 3 years” The organization I chose for my RAP is Al Ghazi Tractors Limited, Pakistan.
Project objectives and overall research approach:
Reasons for choosing this topic: Financial and accounting sector has been facing tough time post the slowdown in world’s economy. This has lead to more competition in major financial centers of the world like London in terms of jobs. Though I have had some experience of accounting by working at different place, I have not been able to work on financial analysis on any company during my job. This was the major reason why I decided to chose this topic because it will not only allow me to do something important that I have never done, but also provide me advantage of being flexible about any prospective job arising in the market. Moreover, I believe this topic will increase my understanding of the accounting and business practices used by companies in my home land. It will help me understand how different accounting practices impact the financial position and performance of a company.
Why I choose this Organization: Since I have Pakistani origin and I keep visiting my country, I always remained interested in the companies in my country. Agriculture is the most important sector in Pakistan due to its high contribution and highest employment in the country. Due to this I decided to select a company
INTRODUCTION:
Selecting ACCA certification has been one of the most important decisions by me as it helped me leverage my position in the job market along with extensive understanding of accounting concepts. Other than that, I selected it as it provided me an opportunity to get the BSc. Honors degree of Oxford Brookes University. While studying as an accounting student in United Kingdom, I really needed a locally recognized degree on my resume to enhance my exposure in the competitive market of UK. The topic I chose for my research is “Financial and business analysis of an organization over a period of 3 years” The organization I chose for my RAP is Al Ghazi Tractors Limited, Pakistan.
Project objectives and overall research approach:
Reasons for choosing this topic: Financial and accounting sector has been facing tough time post the slowdown in world’s economy. This has lead to more competition in major financial centers of the world like London in terms of jobs. Though I have had some experience of accounting by working at different place, I have not been able to work on financial analysis on any company during my job. This was the major reason why I decided to chose this topic because it will not only allow me to do something important that I have never done, but also provide me advantage of being flexible about any prospective job arising in the market. Moreover, I believe this topic will increase my understanding of the accounting and business practices used by companies in my home land. It will help me understand how different accounting practices impact the financial position and performance of a company.
Why I choose this Organization: Since I have Pakistani origin and I keep visiting my country, I always remained interested in the companies in my country. Agriculture is the most important sector in Pakistan due to its high contribution and highest employment in the country. Due to this I decided to select a company
References: Business Recorder (2010) ‘ZTBL - Specialised Agricultural Institution’ [Online]. Retrieved from http://www.brecorder.com/index3.php?id=1014883&currPageNo=1&query=&search=&term=&supDate=2010-02-01 [Accessed 13 November 2010]. Chaudary, S. (2009) ‘Benazir Tractor Scheme’, Daily Times, 2009 [Online]. Retrieved from: http://www.dailytimes.com.pk/default.asp?page=2009 3 4story_4-3-2009_pg5_14 [Accessed 15 November 2010]. Country news (2010) ‘Localisation helps keep tractor, motorcycle prices down’, Report Linker [Online]. Retrieved from: http://news.reportlinker.com/n02599991/Localisation-helps-keep-tractor-motorcycle-prices-down.html [Accessed 3 November 2010]. Daily Times (2010) ‘ZTBL disburses Rs 77.6bn loans with 89 percent recovery rate’ [Online]. Retrieved from http://www.dailytimes.com.pk/default.asp?page=2010 123story_23-1-2010_pg5_6 [Accessed 3 November 2010]. News Channel (2010) ‘Duty-free tractors import: three companies bank guarantees being scrutinized’, Pakissan.com [Online]. Retrieved from: http://www.pakissan.com/english/news/newsDetail.php?newsid=8766 [Accessed 17 November 2010]. News Channel (2010) ‘Investment in tractor industry linked to stable government policy’, Pakissan.com [Online]. Retrieved from: http://www.pakissan.com/english/news/newsDetail.php?newsid=20313 [Accessed 16 November 2010]. Pakistan and WTO (2009) ‘Tractor-makers confused about Rs4bn subsidy’, The World Trade review [Online]. Retrieved from: http://www.worldtradereview.com/news.asp?pType=N&iType=A&iID=209&siD=20&nID=47993 [Accessed 13 November 2010]. Profit (2010) About Us [Online]. Al Ghazi Tractors online. Retrieved from: http://alghazitractors.com/profile.html [Accessed 13 September 2010]. Showcase (2010) About Us [Online]. Al Ghazi Tractors online. Retrieved from: http://alghazitractors.com/showcase.html [Accessed 11 September 2010]. The Nation (2008) ‘Tractor industry and budget 2008’ [Online]. Retrieved from: http://www.nation.com.pk/pakistan-news-newspaper-daily-english-online/Business/23-Jun-2008/Tractor-industry-and-budget-2008/1 [Accessed 7 November 2010].