Ã¢â‚¬Â¢ Accounting Concepts and Practices
Ã¢â‚¬Â¢ Semester 1, 2014
You are an accountant at YvesGroupAccountants&Investment Advisers. You have been approached by a group of investorsfor your professional advice on investing in Woolworths Ltd.Your client is a strong believer in Socially Responsible Investing. That would mean adopting an investmentstrategy which seeks to consider both financial return and social good.
and access the companyÃ¢â‚¬â„¢s annual report and corporate responsibility report for 2013.
Prepare a report for your client. Your report should include:
a. A description of the core business of the company including full details of its operating activities.
b. A discussion on any significant issues emerging from the ChairmanÃ¢â‚¬â„¢s Report.
c. A discussion on any significant issues emerging fromthe Managing DirectorÃ¢â‚¬â„¢s Report.
d. A discussion on companyÃ¢â‚¬â„¢s Corporate Governance Statement.
e. A calculation of the key financial ratios for 2013.
f. An overall assessment of the company and your recommendation on investing in the company.
In making an overall assessment, you may conduct additional research on Woolworths too. For example, http://www.news.com.au/business/woolworths-betting-on-booze-profits-as-it-looks-to-expand-hotel-empire/story-e6frfm1i-1226223987450
Please note the following:
Ã¢â‚¬Â¢ Format: Business report
Ã¢â‚¬Â¢ Contribution to overall assessment: 20%
Ã¢â‚¬Â¢ Length: 2000 Ã¢â‚¬â€œ 2200 words
Ã¢â‚¬Â¢ Due date: Week 10 (Friday 30 May 2014)
Ã¢â‚¬Â¢ Your work must comply with the UniversityÃ¢â‚¬â„¢s General Guide for the Presentation of Academic Work.
Ã¢â‚¬Â¢ Two Useful links.
Ã¢â‚¬Â¢ This is a group-assignment. Each group needs to have 2 to 3 members in it. Please organise yourselves into groups.
Ã¢â‚¬Â¢ Please make sure that names and ID numbers of all group members are stated on the cover sheet of your submission.
As this is a group assignment, each member of a group is awarded the same mark. Working in groups has its pros and cons. I am sure that you will hold constructive and energetic group discussions on the issues at hand. In case of any disagreements, you will be able to resolve them in a democratic and rational way. There will be times when you may have to agree to disagree with each other. Invariably different group members bring different skills to a project; it is up to you to make the best of it. I believe one can learn a lot by discussing the issues with oneÃ¢â‚¬â„¢s colleagues.
If you happen to find your group members are Ã¢â‚¬Å“not pulling their weightÃ¢â‚¬Â or there are problems with any memberÃ¢â‚¬â„¢s commitment, then please try to resolve those issues amongst yourselves. Open and honest communication always helps. If you are unable to resolve these issues, you are most welcome to see me and we will try to sort out the problems together. Do this as soon as possible and certainly before the due date.
Thanks - Best wishes Ã¢â‚¬â€œ Geeta