introduction to accounting assessment task you are required to 329520

Aug 29, 2021 | Uncategorized

  1. Introduction to Accounting Assessment Task You are required to: 1. Obtain the last five year’s published Income Statements and Balance Sheets for a company. 2. Identify 4 groups who would be interested in utilizing these financial statements and critically discuss the purposes for which they would use them. 3. Identify the accounting ratios that would best enable the chosen user groups to achieve their purpose and calculate these ratios for your chosen company (two for each user group). And state it in table format. 4. Draw a chart for each ratio calculated. Analyse the ratios calculated and discuss in relation to the user groups identified and their purpose of use. 5. Appendix of your calculations must be attached at the end. Your assessment must contain an Introduction and Conclusion. Assessment Format You are required to submit a report detailing your analysis and the results of your calculations. The actual calculations must be shown as a part of the appendix. Word Limit 1,500 Learning outcomes to be examined in this assessment The ability to analyse, syntheses and evaluate financial statements in order to make decision. Assessment criteria Explanatory comments on the assessment criteria Content, style, relevance, critical, constructive analysis The ability to relate theory to the real world. Demonstration of a clear understanding of the issues. Evidence of wide research Clear, professional and properly referenced using Harvard Style Introduction Conclusion The ability to introduce and clearly sum up the arguments and reach a conclusion.