1
PROJECT OUTLINE – ASSIGNMENT SHEET ______________________________________________________________________________
Course Number :
B
BBA4003 Course Title: Managerial Accounting
Program BBA Hospitality
and/or BBA ESE
Lecturers M. Michael and P. Huh
Assignment
Type
Project Assignment
Name
Financial Statements
Analysis
Semester
4 Hand-out date: Week 11 (12.03.2018 in
class)
Campus /
Learning Level
Bulle / 5 Hand-in date: Week 20 (14.05.2018 by
15:00 latest)
Overall Grade
Weighting %
45% Grade
Distribution %
70% Group – 30%
individual
Hand-in Place: TII (electronic copy)
through Moodle
Assignment overview:
This is a group project where you will compare and analyze the financial results of two different
hospitality companies over three consecutive years, through the use of appropriate financial
ratios and financial statements analysis.
Overall aim:
To analyze the performance of different companies through the use of ratio analysis and to
make investment decisions based on that analysis.
2
Learning Outcomes and Transferable Skills
• LO1 Analyze financial statements and their relationship to the statement of cash flows.
• LO2 Evaluate a company’s financial situation from various stakeholders’ points of view based on ratio analysis.
• TS1 Communication
• TS2 Working with others
• TS3 Information literacy
• TS4 Numeracy skills
Resources Available:
Select two hospitality companies by going to:
https://finance.yahoo.com/
or visit the official websites of the companies.
Tasks, Organization and Grading:
This is a group written report with a presentation. The groups of 5 to7 analysts will need to
research the 2016, 2015 and 2014 fiscal years annual reports of 2 hospitality companies (10-k
annual reports are available online on the respective company’s website).
The financial section of the annual report should be analyzed through financial statements
analysis and ratios, with specific emphasis on; Liquidity, Solvency, Activity and Profitability. A
maximum of 16 ratios should be used (with a minimum of 2 ratios for each of the 4 sections).
You also have to comment on the change in each firm’s position from one year to the other
based on the ratios calculated for those years. Any calculations performed have to be referred
to in the text. The analysis needs to explain the factors that would be of interest to a creditor
(lender) and shareholders, and to provide possible explanations for significant fluctuations in the
numbers. The group should use management’s discussion contained in the annual report to
support any explanations.
The conclusion of the report should be a recommendation, whether to invest in each of the
companies through lending money or buying shares. The recommendation could also be for
example not to invest at all. The conclusions should be based only on the analysis made, and
there is no need to study stock markets, bond markets or alternative returns. Please note that
just like in real life the analyses made on the same company by different analysts vary, also
here there is no single right answer. The grading of the conclusions section will be based on the
ability to use the analysis made to support logical and realistic recommendations towards
creditors and potential investors.
Word Count: 3,000 +/- 10%
3
Group grade (70%)
Structure or Task: Learning Descriptor
Title Page
Title – Names of the chosen companies
Your names
Course name
Date
University name (GIHE)
• Transferable Skills
• TS1 Communication
1. Introduction
Overview of the companies and industry: Size, sales mix, trends,
success factors, risk factors. (about 600 words).
• Knowledge and
Understanding
• TS3 information literacy
(data collection).
2. Analysis
Analysis of financial statements, ratios calculations,
comparison between companies and analysis of trends from
one year to the next (about 2000 words).
• Cognitive Skills
• TS4 Numeracy (calculation
and preparation of ratios
and financial statements
analysis).
3. Conclusion
Recommendations towards creditors and potential investors
whether to lend/invest to either company with a brief justification
of your suggestions (about 400 words).
• Professional Competencies
Ability to reach and defend
conclusions.
4. Appendices
Excel spreadsheets with correct financial statements
reproduction and ratio calculations.
• Professional competencies
Extracting relevant material from
large bodies of data.
5. References
Correct APA in-text referencing and complete reference list
• Transferable Skills
• TS1 Communication
(Presentation and
referencing style)
Learning Descriptor Task Weight
Knowledge and Understanding Task 1
20%
Cognitive Skills Task 2
40%
Professional Competencies Task 3-4 25%
Transferable Skills Task 1,2,5 15%
FINAL GRADE 100%
4
The presentation counts for 30% of the group grade and should address the following:
The presentation should include all three main sectors of your report with financially grounded
justifications of your recommendations for either an equity investment and/or debt investment.
Each group is required to prepare and contact a 20 minutes presentation followed by 10
minutes Q&A session.
All group members should take an active role during the presentation.
Each team member must be fully prepared to answer at least two questions of any part of the
final report or the presentation.
Individual Grade (30%)
Structure or Task: Learning Descriptor
1. Individual questions
Willingness to answer and knowledge of the presented
materials.
• Knowledge and
Understanding
2. Quality of answer
Rationale and evidence. Ability to synthesize answers
based on presented materials.
• Cognitive Skills
3. Professional presentation
Pace, level, vocal, uniform name tag, mannerism, body language,
enthusiasm, creativity, WOW factor and quality of power point.
Correct in-text and end referring.
• Professional
Competencies
4. Team Work in Presentation
Group dynamics, well-practiced, integrated, not exiting
time allocation.
TS2 Working with others.
Learning Descriptor Task Weight
Knowledge and Understanding Task 1
30%
Cognitive Skills Task 2
40%
Professional Competencies Task 3
15%
Transferable Skills Task 4
15%
FINAL GRADE 100%
5
GIHE LEVEL 5 Grading Guidelines
Grade Learning Descriptor
80– 100%
Excellent
a) Knowledge: A clear and exact demonstration of knowledge and the critical
understanding of the principles, concepts and techniques: all arguments carefully
developed and clearly shown. Considered and effective use of literature beyond that
supplied in the classroom.
b) Cognitive: Knowledge applied to show understanding. Apply knowledge and
understanding accurately to a range of issues, questions and problems. Apply
establish techniques to critically evaluate and interpret the subject. Clear evidence of
thinking and links to originality.
c) Professional Competencies: compare and use different approaches to issues and
problems. Shows engagement of ethical issues.
d) Transferable Skills: communicate information, arguments, and ideas effectively,
use recognized literature, ICT, and planning; excellent report structure with APA
presentation of figures, tables, references (in-text and list) where appropriate.
Evidence of originality and novelty present.
70 – 79%
Very Good
a) Knowledge: A sound grasp of the subject material, with some critical understanding
and logical arguments shown. Reasonable evidence of wider study beyond the
classroom.
b) Cognitive: Knowledge applied and used to interpret data. Some evidence of critical
thinking.
c) Professional Competencies: some key skills developed and shown to help address
issues and problems. Although the range of approaches limited.
d) Transferable Skills: considered use of communication tools, literature, ICT, and
planning; well organized report; appropriate choice and APA presentation of figures
and tables; clearly presented throughout.
50 – 69%
Pass
a) Knowledge: Reasonable understanding of subject matter with some critical review,
but some flaws and errors evident. Only limited evidence of wider study and use of
literature information.
b) Cognitive: Knowledge used to interpret data with some knowledge application
evident. But problems found in overall logic and argument. Limited critical review.
c) Professional Competencies: Little evidence of key skill development in line with
practical and/or professional problem solving.
d) Transferable Skills: considered use of communication tools, literature, ICT, and
planning; a generally clear report with acceptable format but some errors in APA style
and/or omissions in presentation.
40 – 49%
Fail
a) Knowledge: Limited understanding of the topic with a minimal critical application;
considerable factual errors evident. Virtually no inclusion of literature information
beyond lecture materials.
b) Cognitive: Knowledge used to describe, a limited application knowledge shown.
Limited evidence of argument and logical thinking.
c) Professional Competencies: Limited evidence of skills development in line with
practical or professional development or problem solving.
d) Transferable Skills: use of communication tools, ICT, and some planning; little
attention given to the report structure; a very limited use of illustrative tables and
figures. APA problems evident and serious flaws in presentation shown.
20-39%
Fail
a) Knowledge: Minimal understanding of the subject; serious factual errors evident.
b) Cognitive: Very limited argument or logic shown. Poor evidence of thought.
c) Professional Competencies: Poor evidence of skills development.
d) Transferable Skills: poor use of communication tools, literature, ICT, and planning;
poorly structured report; disorganized, missing sections, minimal presentation of
supporting data.
0 – 19%
Fail
a) Knowledge: Very poor coverage of material with little relevant information evident.
Virtually no evidence of understanding. A few lines of relevant material or no material
at all.
b) Cognitive: No argument or logic shown.
c) Professional Competencies: None shown
d) Transferable Skills: minimal attempt to provide a structured answer. Poor.
6
STATEMENT OF AUTHORSHIP
English version:
“I confirm that this work is my own. Additionally, I confirm that no part of this coursework, except
where clearly quoted and referenced, has been copied from material belonging to any other
person e.g. from a book, handout, another student. I am aware that it is a breach of GIHE
regulations to copy the work of another without clear acknowledgement and that attempting to
do so renders me liable to disciplinary procedures. To this effect, I have uploaded my work onto
Turnitin and have ensured that I have made any relevant corrections to my work prior to
submission. ”
FINAL DOCUMENTS:
• You are required to submit a hard copy of your work to the Academic Office (or other
designated location stated on the Project Outline) by the stated deadline. Late work will
not be accepted, and you may receive zero for your work.
• You are also required to submit an electronic copy of your report to Turnitin, otherwise
the work may not be accepted and you may receive a zero or other penalty
• The final piece of work must be uploaded in enough time for the system to accept it on
the due date. The system sometimes takes longer than normal to accept reports (from
30 min up to few hours). Please note that larger reports will upload more quickly if they
are saved as a pdf file
• The hard copy will be graded and your electronic copy on Turnitin will be used for
reference only
• Referencing will be checked on the hard copy as Turnitin only checks similarities
• Should you have difficulty using the system, you must contact your lecturer immediately
(leaving this until the last minute is unacceptable). It is YOUR responsibility to upload
your own work and last minute IT issues will not be considered as mitigation
• You must not upload your work onto another person’s account. If this happens, your
submission may not be assessed, leading to a zero
• You are required to agree to the Turnitin usage policies when you first access the
Turnitin website. Full information regarding the Turnitin service, including privacy,
copyright and fair usage can be found on the Turnitin website at
