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HI5001 Accounting for Business Decisions (T1, 2016)
Group Assignment (100 points 30% of Final Mark)
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, groups are required to inform the lecturer the selected company before commencing.
This group 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 by a group with a maximum of three (3). 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
G. Reference List
Font type should be Arial (size 11), paragraph spacing should be 1.5.
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. Page 2 of 8
Financial Statement Analysis
Provide an executive summary which will include overview of subject matter, methods of analysis, findings and recommendations.
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 and appropriate footnotes.
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.
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.
My 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. Not just a comment on what but why is more important while analyzing.
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.
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.
Due Date: Friday, 27 May, 2016. Page 4 of 8
BABY BUNTING GROUP LIMITED BBN Retailing
BANDANNA ENERGY LIMITED BND Energy
BANNERMAN RESOURCES LIMITED BMN Energy
BARAKA ENERGY & RESOURCES LIMITED BKP Energy
BARRA RESOURCES LIMITED BAR Materials
BASE RESOURCES LIMITED BSE Materials
BASS METALS LTD BSM Materials
BASS STRAIT OIL COMPANY LIMITED BAS Energy
BASSARI RESOURCES LIMITED BSR Materials
BATHURST RESOURCES LIMITED. BRL Materials
BAUMART HOLDINGS LIMITED BMH Capital Goods
BAUXITE RESOURCES LIMITED BAU Materials
BBX MINERALS LIMITED BBX Materials
BC IRON LIMITED BCI Materials
BCD RESOURCES NL BCD Materials
BEACH ENERGY LIMITED BPT Energy
BEACON LIGHTING GROUP LIMITED BLX Retailing
BEACON MINERALS LIMITED BCN Materials
BEADELL RESOURCES LIMITED BDR Materials
BEGA CHEESE LIMITED BGA Food, Beverage & Tobacco
BELLAMY'S AUSTRALIA LIMITED BAL Food, Beverage & Tobacco