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    FMA - Assignment - 2018-2019 PDF

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    Julian David Tellez
    This document outlines a group assignment for a Master's in Business Administration course. It has two parts. Part A (70 marks) requires analyzing the past three years of financial statements of a public company, comparing financial ratios and performance to industry benchmarks, and providing suggestions to improve future financial performance. Part B (30 marks) involves discussing why budgets may fail or not be accepted, arguments for overcoming these problems and highlighting budget advantages, and examples of budgets one may expect to see at the chosen company. The assignment focuses on analyzing a company's financial performance and position based on public information.

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    FMA - Assignment - 2018-2019 PDF

    Uploaded by

    Julian David Tellez
    277 views3 pages
    This document outlines a group assignment for a Master's in Business Administration course. It has two parts. Part A (70 marks) requires analyzing the past three years of financial statements of a public company, comparing financial ratios and performance to industry benchmarks, and providing suggestions to improve future financial performance. Part B (30 marks) involves discussing why budgets may fail or not be accepted, arguments for overcoming these problems and highlighting budget advantages, and examples of budgets one may expect to see at the chosen company. The assignment focuses on analyzing a company's financial performance and position based on public information.

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    This document outlines a group assignment for a Master's in Business Administration course. It has two parts. Part A (70 marks) requires analyzing the past three years of financial statements of a public company, comparing financial ratios and performance to industry benchmarks, and providing suggestions to improve future financial performance. Part B (30 marks) involves discussing why budgets may fail or not be accepted, arguments for overcoming these problems and highlighting budget advantages, and examples of budgets one may expect to see at the chosen company. The assignment focuses on analyzing a company's financial performance and position based on public information.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    277 views3 pages

    FMA - Assignment - 2018-2019 PDF

    Uploaded by

    Julian David Tellez
    This document outlines a group assignment for a Master's in Business Administration course. It has two parts. Part A (70 marks) requires analyzing the past three years of financial statements of a public company, comparing financial ratios and performance to industry benchmarks, and providing suggestions to improve future financial performance. Part B (30 marks) involves discussing why budgets may fail or not be accepted, arguments for overcoming these problems and highlighting budget advantages, and examples of budgets one may expect to see at the chosen company. The assignment focuses on analyzing a company's financial performance and position based on public information.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 3

    Master of Business Administration

    FINANCIAL & MANAGEMENT


    ACCOUNTING

    ASSIGNMENT

    2018 – 2019

    1
    Financial and Management Accounting Assignment – Group Assignment

    You are required to submit a group assignment. Groups should be a maximum of


    FOUR students. In the marking of the assignment the size of the group will be a
    factor in the overall mark. This assignment will account for 50% of the total mark for
    the class, the other 50% is the FMA exam.

    Part A (70 marks)

    The Aim of Part A of the Assignment

    The aim of Part A of this assignment is to enable you to be familiar with the
    information in annual reports and develop your skills in interpreting the information
    content of financial statements of companies by using financial ratios and other
    financial indicators.

    Question
    You have been recently been invited to be interview for a management position in
    finance for a listed company. For your interview with the board you have been asked
    you to prepare a two part report:

    i. The first part will analyse the past financial performance of the
    company based solely on public information available. Financial
    statements to be examined will include statement of financial position
    (balance sheet), income statement (profit and loss), and cash flow
    statement. At a minimum the Chief Executive is expecting analysis of
    the last three years to be discussed. The Chief Executive always pays
    close attention to what competitors are doing and how the firm is
    performing in relation to the industry and other benchmarks. Therefore
    industry/peer comparative analysis should be included in your report.
    The analysis will consist of financial ratios, percentage change
    statements and any other relevant financial indicators. All calculations
    are to be presented in an appendix.

    ii. The second part requires that after reviewing the past financial
    information and making a comparison with benchmarks you are
    expected to provide suggestions on how to improve the future financial
    performance of the firm.

    Note the focus of this assignment is on financial performance. You can structure
    this report in any way that you think would be appropriate but the Board will be
    expect you to show a clear understanding of past financial performance and
    importantly based on this evidence give clear recommendations on the financial
    position going forward.

    You have to select a listed company. This is a great opportunity to learn more about a
    company or industry you are interested in. Send the name of your company to your
    local counsellor or lecturer, if you do not have a local counsellor. This is to ensure is a

    2
    suitable company for you to analyse. Before submitting your company for approval,
    ensure that the information that you will need is shown in the annual report as some
    companies disclose more than others. Also, check that there are at least two other
    companies in the same industry that can be used as a benchmark in terms of the
    performance and financial position of your company. It is unlikely that you will find a
    company that is an exact match but you should consider the broad industry base in
    which the companies function. It is your responsibility to ensure that necessary
    information is available for your analysis.

    Sources of Information
    Your main source of information is the annual report which will be available on the
    company’s website. The company website may have more information in the section
    for ‘investor relations’. You may wish to use other reference sources that are available
    on the university library website. Give clear reference to all sources used and
    numbered footnote references should be included in the text of your report.

    Part B (30 marks)


    The Aim of Part B of the Assignment

    The aim of Part A of this assignment is to enable you to be familiar with the financial
    information that is used internally within the firm, specifically considering the use and
    importance of budgets.

    Question

    After your appointment to the company you discover that one of the finance related
    problems is the limited acceptance by management and employees of the budgeting
    process. This subsequently leads to budgets not being adhered to. The Chief
    Executive has asked you to try and address this problem by producing a report for
    management and employees that:
    i. Discusses possible reasons why budgets can fail and are not accepted by
    managers/employees.
    ii. Provides arguments of how you can overcome these problems and highlight
    the advantages of budgets.
    iii. Give examples of the different types of budgets that you would expect to see
    in your chosen company.

    Students should try and connect their answer to Part B to their chosen company in
    Part A. However students may also want to consider creating a simple fictitious
    example budget that would show the management and employees how all of the
    individual budgets flow in to the master budget for part iii).

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