REQUIREMENTS:
- Based on your analysis of relevant information relating to Briscoe Group Limited, you are required to prepare a structured report (see recommended structure detailed below) commenting on the profitability, operating efficiency, liquidity and gearing of the company. The profitability and efficiency of the company should be analysed using the required ratios. Firms are accountable for generating profit with the assets employed. In addition, the firm must pay its debts as and when they fall due, therefore you are required to assess the liquidity and gearing of the business using the appropriate ratios'. Use the data from the financial statements in the annual report to calculate the ratios.
- Your report should cover a 3-year period commencing 2013 and ending 2015 (use GROUP figures in reports ending Jan 2013, Jan 2014 & Jan 2015) and should be sufficiently broad in scope to demonstrate your understanding of findings following the analysis. Detailed requirements and mark allocations are shown below.
Company and industry background
- Briefly profile Briscoe Group Limited - Its history, financial highlights, other relevant company details and summarise the nature and current state of the industry in which it operates. This section of work will help contextualise the report in terms of key company information and the industry (and wider) environment in which the firm operates.
Analysis and interpretation of financial performance, position, and marketstanding
- Based on the financial reports and other information, prepare an analysis that covers the past three financial years dealing with the following aspects and including consideration of segment information and position in relation to its industry:
- Profitability
- Efficiency
- Liquidity
- Gearing
- Cash flows including a review of its operating, investing and financing cash flows
- An assessment of other, typically non-financial, information relevant to the assessment of the company's current state of financial affairs (for instance; global events, industry developments and issues, structural changes to the company such as changes in board composition, mergers or acquisitions, economic factors and any other relevant issues which may potentially impact on the operations of the company).
Manual calculation of specific ratios
- The ratios to be manually calculated are:
- Profitability
o return on shareholders' equity
o return on total assets1
o net profit margin1 & 2
- Efficiency
o inventory turnover
o settlement period for debtors/accounts receivable3
o settlement period for creditors/accounts payable4
o asset turnover
- Liquidity
o current ratio
- Financial gearing
o gearing ratio5
Summary and conclusion
- Summarise Briscoe Group Limited current financial situation in terms of profitability and efficiency and the company's ability to pay its debt as and when they fall due. Also, include commentary of your view of the cash flow statement in terms of the firms' operations, finance and investing activities.
Efficiency of Operations (apporx 600words)
- inventory turnover
- settlement period for debtors/accounts receivable3
- settlement period for creditors/accounts payable4
- asset turnover
Assessment of Other, Relevant information. (approx 300 words)
I have an accounting assignment.
Basically, the assignment is on the analysis of relevant information relating to Briscoe Group Limited. So, the company is Briscoe Group Limited.
My section that I wanted to be done will be in the following attachment under the heading (MY SECTION OF THE ASSIGNMENT). And, I will attach the full description of the assignment under the heading (Assignmet semester 1).
Attachment:- Assignment.rar