BX3011- Company Accounting

Objectives This assessment item relates to the subject and course learning outcomes: SLO4. Prepare group accounts SLO5. Conduct tax effect accounting CLO K2.Synthesise underlying principles and concepts for making business decisions CLO S3.Convey information clearly and fluently, in high quality written form appropriate for their audience CLO S5.Demonstrate the ability to work collaboratively Details This assessment is a group assignment and you are required to complete the assignment in order to pass the course. Company financial statement analysis: You are required to access the most recent annual report of one of the following companies listed on the Australian Stock Exchange (Annual reports are available via the JCU Library Database ‘DatAnalysis’. They are also available on the company website.): Coca cola Amati Limited CSR Limited Elders Limited QBE Insurance Group Limited Please note that reports that relate to companies other than the above, or years earlier than the most recent financial year, will not be marked and will receive a Zero grade. You are required to write an executive report with a maximum length of 2500 words, which will address all of the following points: Describe the nature of the company’s activities Discuss the composition of the company’s equity Identify (look up and state) the Share price for the company’s ordinary shares for the last day of the financial year. What relationship does this have with the share capital as reported in the financial statements? Identify the share price for the company’s ordinary shares one calendar month after the end of financial year. What may have caused any difference over this one month period? Discuss the debt structure and the source of external (i.e. non-equity) financing Comment on the provision for income tax figure, deferred tax assets/liabilities Discuss the key elements in the fixed assets categories Identify the intangible assets and discuss the policy for recognising the impairment of these assets Summarise the company’s financial operations during the financial year (i.e. retained earnings, dividend distributions, changes in capital). When preparing your report you should refer to: the financial statements disclosures academic journals (minimum of 2) textbooks (minimum of 3) the assignment rubric You are not expected to systematically reference the annual report that you are analysing and you are not required to attach the financial statements to your report. However, when referring to specific information inside your report, you should include a page and section reference to indicate the source of your information. Any source other than the company financial report which you use in your report, such as journals and textbooks, should be referenced both in-text and at the end of text. PLEASE CHOOSE ANY ONE OF THE FOUR COMPANIES MENTIONED EARLIER IN THE ABOVE TEXT AND THE ASSIGNMENT CONTENT IS UPLOADED BELOW.