Question 2. Use an extended example to critically discuss how a company’s annual report and accounts are useful in understanding and analyzing its market‚ productive and financial performance. Annual report and accounts like the income statement‚ the cash flow statement and the balance sheet‚ are financial accounting statement. They comprise numerical data over the past year and indicate the company’s prospect for future financial performance. The information would allow user groups to understand
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Analysis and Report Objectives Apply theory in practice Conduct analysis of financial statement – to look beyond the numbers Experience formal report writing. REQUIRED: Written report (a soft copy on blackboard via turnitin and printed copy to tutors is compulsory) 1. Obtain the most recent annual report for two companies in any of the industries on the Australian Stock Market (for example‚ mining‚ retail‚ manufacturing‚ construction‚ service‚ transport). The reports should contain
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Corporate Responsibility & Sustainability plan‚ the company This Sustainability report a quite interesting review based on stakeholders feedbacks‚ which will increase the brand transparency across its sustainability platform. As a matter of fact the company is trying to focus on four main elements: water stewardship‚ energy efficiency and climate protection‚ sustainable packaging and healthy communities. The report also includes “Plan Bottle” technology‚ aimed at improving water use and increasing
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Client risk profile Canadian Tire Corporation‚ Limited (CTC) is primarily a canadian retailer‚ focusing on automotive and general merchandise. Founded in 1922‚ the company has been around for almost a century‚ building strong brand recognition in Canada. Initially starting as a car parts retailer they have expanded rapidly into other areas‚ mainly general merchandise retail. They have other secondary divisions being; Partsource Automotive stores (strictly automotive parts)‚ Financial Services
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Running Head: Understanding Real World Financial Reports Understanding Real World Financial Reports Aimee D. Norman HCA 322 Shelia Roberts- Phipps 12/3/12 Running Head: Understanding Real World Financial Reports ATC 4-1 Business Applications Case Understanding real-world annual reports Use the Topps Company’s annual report in Appendix B to answer the following questions What was Topps’ inventory turnover ratio and average days to sell inventory for 2006 and 2005? According to our text
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A reporting entity is required to prepare its financial report based on IASB framework and it is so useful for different types of users to evaluate the financial performance of the reporting entity and make suitable decisions. In this essay‚ the usefulness of conceptual framework in preparing of financial report will be discussed. And also‚ 2011 annual report of CLP Holdings Limited will be reviewed to further discuss how its qualitative characteristics of the information are useful for shareholders
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investment involved the allocation of resources to investment proposal whose benefit can be derived in future. Shareholders and investors are concerned with value of their investment and any income they expect to drive from shareholdings. Financial reports give them an account of how directors have handled resources given to them. The company Act specify directors’ emoluments‚ personal interest in contracts showing shareholders what personal benefits directors have derived from the business. Shareholders
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and reports: the most appropriate interval of reporting What are businesses made for? Basically‚ businesses are made to earn profits by providing high quality goods and services to the consumers like the public. Different operations are carried out by these entities just to obtain their desired level of income and to establish a good reputation in the industry where they belong. Their earned income and incurred expenses for a certain period are summarized in the form of financial reports and statements
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Government of Guam Comprehensive Annual Financial Report Analysis For the Fiscal Year Ended September 30‚2012 Ria Ricardo National University ACC640 Dr. Raouf R. Moussa Introduction Guam makes history as the first U.S. territory to ever submit the federally-mandated Comprehensive Annual Financial Report also known as the CAFR. A CAFR is a standardize report that tells the federal government how the local government collected
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Corporate Governance is defined by the Cadbury Committee as ‘the system by which companies are directed and controlled’. It mainly considers the roles of effective controls‚ business competence and accountability of the management for the benefit of the stakeholders. Due to the size and economic impact‚ it is primarily involved with the management of public limited companies and observes the corporate structures thus aiding strategic decision-making. There are many types of organisations who produce
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