The Report Assignment:
Part 1
Find the most recent annual report of a publicly traded, manufacturing company and discuss its Income Statement and Balance Sheet and Cash flow statement. Remaining data and analyses information used should not be older than 2 years. Is the company financially healthy? Be sure to include an introduction, analysis of changes, ratios results comparison with industry leaders and your recommendation and conclusion. Make sure the company you have chosen is NOT a service company.
Part 2
Look for and find an articles in the last few months’ news about your company which is an example of good costing accounting management or is not. Justify your choice with at least 4 independent and separate examples of things that the company has done well or poorly. Copies of the actual articles used should be included in the Appendix of the report.
The remaining Questions are as follows:
- What are the company’s current and long terms liabilities and what effect does it have on the company’s performance?
- Identify a key capital investment made by your company within the last 2 years? What was it? How was the acquisition financed? How will this acquisition improve the company’s revenue performance?
- Has the company met its financial and or other performance targets for the last financial year? And if not what were its reasons for not doing so?
- Identify if the company outsources any of its services or manufacturing, Where is it done? Identify the reason or reasons why this has been done?
- Identify what pricing policy objective, type of pricing and pricing strategy your company uses? Give your reasons why?
- Give your Conclusions, Analysis and Recommendations of your company from a Cost Accounting Perspective?
An answer templates for your report has been provided on the Finance and Managerial Accounting share-point site for you to complete your reports.
- Assignments must be submitted in a Folders, with a cover page with your: Name, ID number, E-mail address, Teacher, Class and Date.
- Use the answer templates provided to complete your report ‘typed’ and hand this in with the folder.
- Each student must find a different company – The same company MUST be used in Part 1 and Part 2.
- The report should NOT be based on a previous company used in a report or analyses covered in 1st Year, 3rd Year or in 4th Year. Your company of choice can only be used for academic year. A new company must be chosen each academic year.
- All your source material articles, copies of Balance Sheet, Income Statements, Cash Flow Statement, articles used etc, etc, should be included in an Appendix at the back of the report. Highlight the information and numbers used from your Financial statements or other source information.
Failure to comply with the above mentioned points will lead to a deduction in point’s for each infringement to your report or FAILURE. Reports handed in after the date and time specified are considered late and will considered as the Re-sit Assignment for next Block or FAILED.