FINM008 Corporate Reporting Assignment Solutions Online

Assignment Details:-

• Document Type: Essay writing (any type)
• Subject: Accounting
• Number of Words: 2000
• Citation/Referencing Style: Harvard
• Academic Standard Level: Masters

 

Are you searching for FINM008 Corporate Reporting Assignment Solutions? Casestudyhelp.com delivers top-quality Accounting Assignment Help at a reasonable price. We have assignment writers who are well-experienced in providing assignment services online, such as case study essay help, PhD dissertation help, essay writing help and much more. Pay a visit to us and get plagiarism free work on time.

 

 

The Assessment Task

Case study – Annual financial statement of a UK-based company – Unilever Plc

https://www.unilever.co.uk/

You are required to Produce a report (2000 words) to advise on the financial statements of the above-mentioned company that covers the following:

1. A discussion and detailed analysis of how the financial statements demonstrate compliance to IFRSs, please provide specific examples from within the financial statements. At least 3 examples of IFRSs are 30% – LO A

2. Using financial analytical tools and techniques provide a detailed commentary on the company’s financial performance and financial health in comparison to the previous year. 30% 10 ratios minimum should be used and the 5 types of ratios should be covered – LO B

3. IAS 38 Intangible Assets defines the difference between research expenditure and development IAS 38 also lays down rules which must be applied to the capitalisation of research and development expenditure.

• Explain the meaning of the terms research expenditure and development expenditure.
• Explain the criteria applied to research and development expenditure, according to IAS 38, to determine whether the cost should be capitalised.
• Discuss briefly why there was a need for an accounting standard relating to research and development expenditure. 20% – LO C

4. Considering the Conceptual Framework for Financial Reporting:

• Describe in broad terms common ways in which management can manipulate financial statements to indulge in ‘creative accounting’ and why they would wish to do so.
• Explain, with relevant examples, what is generally meant by the term ‘creative accounting’.
• Explain why it is important to record the substance rather than just the legal form of transactions and describe the features that may indicate that the substance of a transaction is different from its legal form. 10% – LO D

Learning Outcomes

On successful completion of this assessment, you will be able to:

• Demonstrate ability to prepare, review and/or assess a company’s financial statements ensuring compliance with national and/or national accounting standards

• Identify, compute, and apply a range of financial analytical tools and techniques, as appropriate, in order to compare, assess or interpret a company’s financial performance and financial health over time and/or against others.

• Critically and coherently discuss the role of and need for national and international accounting standards in the preparation and presentation of corporate financial reporting.

• Critically discuss the relationship between the regulatory and other institutional arrangements surrounding corporate reporting in different countries and corporate reporting quality

• Work effectively and productively, individually and in a group setting, to prepare coherent report, with defined parameters or objectives.

• Ability to collect and present financial information and convey/communicate it effectively and coherently.