SECTION A: (15 MARKS)
This assignment is in two parts, the first one that will require you to undertake some research, the second part will involve preparation of worksheet.
The assignment aims to develop an understanding of financial statements and their use in decision making.
The task is to study and compare 2 publicly held company specifically in the same industry, (use ASX’s website to select a company) and be able to understand the structure of financial statements. This project itself includes several assignments, each of which comprises a part of the students’ task. However, it is well encouraged to include any additional information that students may think will be useful in conducting financial statements analysis of the company.
General Rules and Requirements:
The report should be prepared by a small group (with a maximum of three to four members) with the contribution of each member specified on the report’s title page. Reports must be confined to 4,000 words (+/- 5%). A title page, table of contents page (based on your report headings), introduction, conclusion and list of the references actually cited should accompany your report.
Font type should be Arial (size 11), paragraph spacing should be equal to 1.5.
Note: any additional material from external sources that you “paste” into your report is NOT included in the word limit. Also, ensure it is appropriately referenced.
PART A: (50 MARKS)
Section A (total marks are 50. Whatever student scores 15% will be the weightage of this section)
Part A1 (10 points)
Before the actual financial statements are evaluated, your group must inform interested parties about the company’s business structure, operations, services and all other business activities that are conducted, etc.
Part A2 (10 points)
Locate the most recent annual report of your public listed chosen companies of the same year.
Your group will need to review the major sections of this report in order to familiarize yourselves with the content of each of the financial statements and appropriate footnotes.
Review the most recent year-end balance sheets of the companies and indicate the
_ The amount of total current assets
_ The amount of total non-current assets
_ The amount of total current liabilities
_ The amount of total non-current liabilities
_ The amount of total stockholder’s equity
Compare the above figures with the figure of second company. Compare percentage
increase or decrease.
(Use Excel Sheet)
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