ACCT 2127
ACCOUNTING FOR MANAGEMENT DECISIONS
INDIVIDUAL ASSIGNMENT– Blackmores Ltd
Overview
You are required to undertake an analysis of the financial health and management practices of Blackmores Limited (Blackmores). The analysis is to be based primarily on 2012 Annual Report of the corporation and any other information you deem relevant e.g. newspaper and journal articles etc. This will require you to search for articles on Blackmores.
Background
We will discuss and complete exercises using Blackmores’ annual report in seminars during weeks 4 -7 of the semester. Please ensure you bring a copy of the annual report (soft or hard copies) to these seminars.
Blackmores Limited is a public company and is listed on the Australian Stock Exchange (ASX).
http://www.blackmores.com.au/about-blackmores/company-information
Before commencing this assignment, I strongly suggest that you read the company profile (you can access it from the url above).
The annual reports for Blackmores Ltd can be downloaded from http://www.blackmores.com.au/about-blackmores/investors-centre/annual-reports
As the annual reports are long, I suggest you do not print out hard copies, instead save a soft copy (and save your money and trees). Please refer to the seminar schedule in the course guide and note the weeks you are required to bring the annual reports to your seminar.
You will need access to the 2012 and 2011 annual reports for this assignment and for the related class folio exercises of the semester.
Assignment
Length:The total report should be a maximum of 3000 words(Approximately 1000 words per question)
Submission: Please refer to Blackboard for detailed instructions on submitting this assignment.
Required:
Provide a written report based on the following:
1. Analysis of the financial ratios of Blackmores for the years 2010,2011 and 2012.
You will have the opportunity to calculate most of these ratios as part of your folio exercises during class seminars.
2. A critical analysis of the other information provided in the2012 Annual Report with respect to the financial health and management of Blackmores. This critical analysis should be based around your selection of two sections of the report as outlined below:
Choose two of the following sections from Blackmores’ 2012 Annual report to use in your discussion:
• The Chairman’s introduction,
• TheCEO’s report,
• Social responsibility,
• Corporate governance statement
• Environmental sustainability.
3. A discussion of other information regarding Blackmores’ financial health and managementavailable from the public domain i.e. newspaper reports etc.
Please refer to the marking rubric for detailed information regarding how this assignment will be marked (available from the assessments tab in MyRMIT)
General instructions
This is an individual assignment; all assignments will be checked via Turnitin for originality and correct acknowledgement of references. Please refer to the first exercise completed in the seminars to revise your understanding of plagiarism and collusion before completing this assignment.
The word count does not include the introduction, tables, conclusion or list of references.
The report for this assignment must have the following sections:
1. Introduction
2. A table of the ratios you have calculated for Blackmores to reference in your financial analysis
3. Financial Analysis (analysis of ratios)
4. Critical analysis of other information from Annual Report
5. Discussion of information available in the public domain
6. Conclusion
7. List of references
All sources must be cited correctly using the Harvard referencing system
Assignment Submission
Your report MUST be submitted electronically via Turnitin by 5pm on the due date.Submission details will be provided on MyRMIT (Blackboard) and must be followed carefully.
Before submission you must read the assessment declaration:
I declare that in submitting all work for this assessment I have read, understood and agree to the content and expectations of the Assessment Declaration.