HI5001S Accounting for Business Decisions (T3, 2015)
Assignment-1
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 (see list on page 4) from the Australian Stock Exchange (ASX), analyse the latest financial statements and come up with a conclusion with supporting data or information whether to invest in the company or not. In order to avoid duplication of companies being examined, you are required to inform the lecturer the selected company before commencing.
This project encompasses several learning objectives, each of which comprises a part of the students’ task. However, it is well encouraged to include any additional information that students may think will be useful in conducting financial statements analysis of the selected company.
General Rules & Requirements:
The Business Report should be prepared. Reports must be confined to a maximum of 3,000 words. As a minimum the report should have the following:
A. Title page
B. Executive Summary
C. Table of Contents
D. Introduction
E. Body
F. Conclusion
G. Reference List
H. Appendix
Font type should be Arial (size 11), paragraph spacing should be 1.5.
Note:
Any additional material from external sources that you “copy & paste” into your report should be appropriately referenced and is NOT included in the word limit.
Financial Statement Analysis
Part 1
Provide an executive summary which will include overview of subject matter, methods of analysis, findings and recommendations.
Part 2
Use the latest annual report. The group will need to review the major sections of this report in order to be familiar with the content of each of the financial statements including notes and disclosures.
Review the balance sheet of the company and indicate the total amount of the following:
a) Current assets
b) Non-current assets
c) Current liabilities
d) Non-current liabilities
e) 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.
Part 3
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.
Part 4
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 5
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.
Note:
To complete the submission process, upload onto Safeassign Self-Check Link, Final Submission Link and finally the hardcopy in the box located in the library. Make sure that the group member who submitted the softcopies should indicate the name and student number. Please do not upload more than one copy. In case your percentage matching is unacceptable, send an email to the lecturer requesting that the submission be deleted from the Safeassign.
INFIGEN ENERGY IFN Utilities
INFOMEDIA LTD IFM Software & Services
INFRATIL LIMITED IFZ Utilities
INGENIA COMMUNITIES GROUP INA Real Estate
INNATE IMMUNOTHERAPEUTICS LIMITED IIL Pharmaceuticals & Biotechnology
INSURANCE AUSTRALIA GROUP LIMITED IAG Insurance
INTEC LTD INL Materials
INTEGRAL DIAGNOSTICS LIMITED IDX Health Care Equipment & Services
INTEGRATED RESEARCH LIMITED IRI Software & Services
INTERMIN RESOURCES LIMITED IRC Materials
INTERNATIONAL EQUITIES CORPORATION LIMITED. IEQ Real Estate
INTERNATIONAL FINANCE CORPORATION IFX Not Applic
INTERNATIONAL GOLDFIELDS LIMITED... IGS Materials
INTRA ENERGY CORPORATION LIMITED IEC Energy
INTREPID MINES LIMITED IAU Materials
INTUERI EDUCATION GROUP LIMITED IQE Consumer Services
INVENTIS LIMITED IVT Commercial Services & Supplies
INVESTA OFFICE FUND IOF Real Estate
INVESTIGATOR RESOURCES LTD IVR Materials
INVIGOR GROUP LIMITED IVO Media
INVION LIMITED IVX Pharmaceuticals & Biotechnology
INVOCARE LIMITED IVC Consumer Services
IOOF HOLDINGS LIMITED IFL Diversified Financials
IPB PETROLEUM LIMITED IPB Energy
IPE LIMITED IPE Diversified Financials
IPH LIMITED IPH Commercial Services & Supplies
IPROPERTY GROUP LIMITED IPP Software & Services
IQ3CORP LIMITED IQ3 Diversified Financials
IRESS LIMITED IRE Software & Services
IRON MOUNTAIN MINING LIMITED IRM Materials
IRON ROAD LIMITED IRD Materials
IRONBARK CAPITAL LIMITED IBC Diversified Financials
IRONBARK ZINC LTD IBG Materials
ISELECT LIMITED. ISU Consumer Services
ISENTIA GROUP LIMITED ISD Software & Services
ISENTRIC LIMITED. ICU Software & Services
ISHINE INTERNATIONAL RESOURCES LIMITED ISH Materials
ISIGNTHIS LTD ISX Software & Services
ISONEA LIMITED ISN Health Care Equipment & Services
ITL LIMITED ITD Health Care Equipment & Services
IWEBGATE LIMITED IWG Software & Services
JACKA RESOURCES LIMITED JKA Energy
JAMES HARDIE INDUSTRIES PLC JHX Materials
JAMESON RESOURCES LIMITED JAL Materials
JAPARA HEALTHCARE LIMITED JHC Health Care Equipment & Services
JATENERGY LIMITED JAT Energy