Ask Accounting Basics Expert

The assignment will require the group to undertake research using the website of the Australian Stock Exchange (ASX) and/or the Company whose industry is Food, Beverage & Tobacco that you have chosen.

The assignment aims to develop an understanding of financial statements structure and their use in decision-making. The task is to choose a publicly listed company from the Australian Stock Exchange (ASX) which should be approved by your Lecturer as not to have the same company from other groups. Furthermore, an analysis on the profitability based on the latest financial report is very important.

This group assignment is in itself includes several areas of the course, each of which comprises a part of the groups' task. However, it is well encouraged to include any additional information that the group may think will be useful in conducting financial statements analysis of the selected company.

Part 1 Executive Summary & Introduction

Provide an executive summary which states the problem, how it was investigated, what was found, and what the findings mean. The introduction may include the company's background relating to business structure, operations, services and all other business activities that are conducted, etc.

Part 2 Main Body

A. Statement of Financial Position

Use the annual report for the year ending 30 June 2015. 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 notes to the financial statements.

Review the balance sheet of the company and indicate the amount of the following:
a) Total current assets
b) Total non-current assets
c) Total current liabilities
d) Total non-current liabilities
e) Total stockholder's equity

Compare the above figures with the previous year and compute the percentage increase or decrease and comment on the comparative financial condition of the company.

B. Stockholders' Equity

Review the stockholders' equity section in your chosen company's most recent year-end balance sheet and compare that with the previous year-end balance sheet. Compare percentage increase or decrease.

List the stockholders' equity account balances and number of outstanding shares from these two balance sheets and compute the increase or decrease for each during this past year.

C. Statement of Profit & Loss

Review the income statement and indicate the following:

a) Total (operating) revenues
b) Cost of Goods Sold (if relevant)
c) Total expenses (before income taxes)
d) Any non-operating (or extraordinary) gains and losses
e) Earnings per common share

Compare the above figures with the previous year and compute the percentage increase or decrease and comment on the comparative financial operation of the company.

D. Statement of Cash Flow

Review the statement of cash flows for the most recent year and indicate the following:

a) net cash inflow (outflow) from operating activities
b) net cash inflow (outflow) from financing activities
c) net cash inflow (outflow) from investing activities
d) net increase (decrease) in cash during the year

Analyse the Cash Flow Statements for the last 2 years and comment on the cash position of the company.

Part 3 Conclusion

Discuss the importance & interpretation of the findings.

Part 4 Recommendations

What is the course of action based on your conclusion?

Part 5 References

List all sources used. Harvard style of referencing should be used.

Part 6 Appendices

Graphs, charts, tables or other data not mentioned in the body.

1 Have the group members familiarised themselves with the Safeassign Software? If not, read the Safeassign Student Guide in the Blackboard.

2 Have the group submitted in the Safeassign Self-check?

3 After getting the Self-check report, is the matching percentage equal or below 20%? If yes, submit the softcopy to the Safeassign Final Submission. If not, revise and submit to the Safeassign Final Submission. If the final submission still exceeded the 20% rule, email your Lecturer and request that your submission be deleted in order to resubmit a second version.

4 Did the group attach the first page of the Final Submission report?

5 Did the group Fill-up the Assignment Cover Sheet and attach it to the report?

6 Did the group follow the correct sequence of attachments needed? First page should be the Assignment Cover Sheet followed by the first page of the Safeassign Final Submission Report and finally the report itself.

7 Did the group submit the hardcopy in the box located in the Library (Level 1)?

5 harvard references

Dongfang modern agriculture holding group

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91968610
  • Price:- $120

Guranteed 48 Hours Delivery, In Price:- $120

Have any Question?


Related Questions in Accounting Basics

Question what discoveries have you made in your research

Question: What discoveries have you made in your research and how does this information inform your ability to evaluate effective coaching and its impact on organizations? Consider these guiding questions: 1. What core c ...

Question requirement 1 read the article in below attachment

Question: Requirement: 1. Read the article in below attachment, and answer the questions in a paper format. Read below requirements before your writing! 2. Not to list the answers, and you should write as a paper format. ...

Question as a financial consultant you have contracted with

Question: As a financial consultant, you have contracted with Wheel Industries to evaluate their procedures involving the evaluation of long term investment opportunities. You have agreed to provide a detailed report ill ...

Question the following information is taken from the

Question: The following information is taken from the accrual accounting records of Kroger Sales Company: 1. During January, Kroger paid $9,150 for supplies to be used in sales to customers during the next 2 months (Febr ...

Assignment 1 lasa 2-capital budgeting techniquesas a

Assignment 1: LASA # 2-Capital Budgeting Techniques As a financial consultant, you have contracted with Wheel Industries to evaluate their procedures involving the evaluation of long term investment opportunities. You ha ...

Assignment 2 discussion questionthe finance department of a

Assignment 2: Discussion Question The finance department of a large corporation has evaluated a possible capital project using the NPV method, the Payback Method, and the IRR method. The analysts are puzzled, since the N ...

Question in this case you have been provided financial

Question: In this case, you have been provided financial information about the company in order to create a cash budget. Management is seeking advice or clarification on three main assumptions the company has been operat ...

Question 1what step in the accounting cycle do adjusting

Question: 1. What step in the accounting cycle do Adjusting Entries show up 2. How do these relate to the Accounting Worksheet? 3. Why are they completed at the end of each accounting period? The response must be typed, ...

Question is it important for non-accountants to understand

Question: Is it important for non-accountants to understand how to read financial statements? If you are not part of the accounting/finance function in a business what difference would it make? The response must be typed ...

Question refer to the hat rack cash flow statement 2002 in

Question: Refer to the Hat Rack Cash Flow Statement, 2002 in the text on page 17. Answer the following questions and submit to me via Canvas by the due date. 1. Cash flow from operations? 2. Cash flow from investing? 3. ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As