Select one company from the Footsie 100 Index and using its most recent Annual Report as well as recent press reports on the company, answer following questions:
If you were trying to understand the company’s accounting policies in the areas of
a. Fixed Assets and Depreciation;
b. Debtors and Provision for Doubtful Debts; and
c. Stock and Cost of Sales
Would you find that information in the Annual Report?
According to the press, what were the major issues/changes that the company has faced in the last 12 months (please provide evidence of press coverage in Appendixes)? Are they reflected in the company’s Annual Report? If so, where in the Annual Report are those issues reported and are they reported with the same or a different approach to the press?
Identify three pieces of information relevant for each following stakeholder groups:
d. Shareholders
e. Suppliers
f. Customers
g. Local community
Explain where in the Annual Report you would find those pieces of information, and relevant to that stakeholder group.
4. Prepare an analysis of the performance of your chosen company. It is not necessary to attach the details of the Annual Report but the Internet address should be provided. If it is not possible to obtain the share price on the day on which the financial statements were prepared, use the most recent share price that you can find. (This information is needed to calculate the Price Earnings ratio).
Note: It is important that you should discuss the possible causes and effects of any changes in the ratios and it would not be appropriate to only repeat the ratios. The purpose of calculating the ratio figures is to gain an insight into the performance and financial position of the company over the period.
Credit:ivythesis.typepad.com
0 comments:
Post a Comment