Sunday, July 14, 2013

introduction to accounting




You are required to:
1. Obtain the last five year’s published Income Statements and Balance Sheets for a company listed on the London Stock Market.
2. Identify 4 groups who would be interested in utilizing these financial statements and critically discuss the purposes for which they would use them.
3. Identify the accounting ratios that would best enable the chosen user groups to achieve their purpose and calculate these ratios for your chosen company (two for each user group).
4. Analyse the ratios calculated and discuss in relation to the user groups identified and their purpose of use.
submit a report detailing your analysis and the results of your calculations. The actual calculations must be shown as a part of the appendix.

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