Case Study Assignment<\/a><\/p>\nAssignment Overview
\nYou are required to write a business report analyzing the latest annual report of a company listed on the Australian Stock Exchange (ASX) addressing the specific issues\/areas listed below under the specific assignment requirements. Within your analysis you are required to compare the findings of your company with another competing company from the same industry selected by your assignment group (preferably from ASX 200 companies available at http:\/\/www.asx200list.com\/).\u00a0 This assignment will involve the use of corporate annual reports, analysis of the relevant information provided within the reports, comparing and contrasting the information with the requirements of relevant accounting standards and finally reporting your observations and conclusions.\u00a0 Your report should demonstrate your ability to access online corporate information and analyze accounting information.<\/p>\n
The objective of this task is to develop your capabilities to:
\n1.\u00a0\u00a0\u00a0 read, interpret and analyse financial statements;
\n2.\u00a0\u00a0\u00a0 apply international accounting standards;
\n3.\u00a0\u00a0\u00a0 prepare a report on corporate financial performance; and
\n4.\u00a0\u00a0\u00a0 make judgments on applying appropriate accounting standards to different business situations.<\/p>\n
This assignment is part of the continuous assessment and feedback.\u00a0 It is a group assignment \u2013 groups to have a maximum of four students. Please note again that as this is a group assignment and all students in the group are expected to work together and to contribute equitably.\u00a0 Accordingly each student in the group will be awarded the same mark.<\/p>\n
Due date:\u00a0\u00a0\u00a0 by 11.59pm Monday 7 May 2018.
\nMarks:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 20% towards final assessment.
\nWord limit:\u00a0\u00a0\u00a0 3,000 words (The word limit of 3,000 words does not include cited references, table of contents and the executive summary.)<\/p>\n
Specific Assignment Requirements:<\/p>\n
Prepare a business report analyzing the latest annual report of the ASX listed company allocated to your group by your lecturer from the list below.\u00a0 Your report should address each of the following:<\/p>\n
1.\u00a0\u00a0\u00a0 Company- Introduction, Business & operating activities, Finances and Financial performance
\n\u2022\u00a0\u00a0\u00a0 Describe the core business of the company. Provide full details of its different activities and or business segments.
\n\u2022\u00a0\u00a0\u00a0 Discuss the industry that the chosen company operates in.\u00a0 For example, is it a growing or declining industry; which are the main competitors of the company and what are they doing, etc.\u00a0 Ensure you discuss the implications of these factors.
\n\u2022\u00a0\u00a0\u00a0 Critically analyse the financial structure of the company.\u00a0 How the company is funded vis-\u00e0-vis internal or external sources?
\n\u2022\u00a0\u00a0\u00a0 Describe key elements of Financial Performance reported by the company in the annual report.
\n\u2022\u00a0\u00a0\u00a0 Has this company reported any event that occurred after the reporting date? If so, describe the event.
\n\u2022\u00a0\u00a0\u00a0 Were there any changes in accounting policies disclosed in the annual report? If yes, describe those changes.
\n2.\u00a0\u00a0\u00a0 Assets \u2013 PPE and Intangibles
\n\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Analyse the carrying amount of each class of Property, Plant, and Equipment, at reporting date, of your company.
\n\u2022\u00a0\u00a0\u00a0 Describe the accounting policies relating to Property, Plant, and Equipment adopted by your company.
\n\u2022\u00a0\u00a0\u00a0 Analyse the intangible assets reported by the company. Discuss their composition and relevance to the company\u2019s business.
\n\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Describe the accounting policies relating to Intangible Assets adopted by your company.
\n\u2022\u00a0\u00a0\u00a0 Are any items of Property, Plant, and Equipment, and\/or Intangible Assets of your company impaired?\u00a0 If so, identify which assets are impaired and analyse how the impairment was determined.
\n3.\u00a0\u00a0\u00a0 Leases
\n\u2022\u00a0\u00a0\u00a0 What are the values of the leased assets and liabilities? What information is disclosed in the notes to the accounts in relation to leased assets and lease liabilities?<\/p>\n
4.\u00a0\u00a0\u00a0 Voluntary Disclosures
\n\u2022\u00a0\u00a0\u00a0 Identify any two voluntary disclosures made by the company in its annual report or other information. Explain their relevance to company\u2019s business.
\n5.\u00a0\u00a0\u00a0 Accounting for Tax
\n\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 What are the values of Deferred Tax Assets and Deferred Tax Liabilities disclosed by the company?\u00a0\u00a0 Explain their rationale using the information provided by the company in the notes to financial statements.
\nFor each of the above requirements\/issues you need to compare and contrast your company\u2019s information with an identified competitor.\u00a0 Note:\u00a0 It is important to refer to relevant accounting standards in your report to score high marks in this group assignment.<\/p>\n
List of companies:
\n1.\u00a0\u00a0\u00a0 BHP Limited
\n2.\u00a0\u00a0\u00a0 Brambles Limited
\n3.\u00a0\u00a0\u00a0 Caltex Australia
\n4.\u00a0\u00a0\u00a0 CSL Limited
\n5.\u00a0\u00a0\u00a0 Coca-Cola Amatil
\n6.\u00a0\u00a0\u00a0 Cochlear Limited
\n7.\u00a0\u00a0\u00a0 Computershare Limited
\n8.\u00a0\u00a0\u00a0 Harvey Norman Limited
\n9.\u00a0\u00a0\u00a0 Newcrest Mining Limited
\n10.\u00a0\u00a0\u00a0 RIO Tinto Limited
\n11.\u00a0\u00a0\u00a0 Ramsay Health Care
\n12.\u00a0\u00a0\u00a0 Santos Limited
\n13.\u00a0\u00a0\u00a0 Sonic Healthcare
\n14.\u00a0\u00a0\u00a0 Tabcorp Holdings Limited<\/p>\n
Late assignments
\nExtensions for assignments need to be made through RMIT\u2019s special consideration procedures.\u00a0 Please see the RMIT website for information on special consideration.
\nAssignments submitted after the due date without special consideration granted, will be automatically penalized at a rate of 10% per day late.\u00a0 Assignments will not be accepted if more than five days late, unless prior approval has been given.<\/p>\n
ACADEMIC MISCONDUCT & PLAGIARISM
\nPlagiarism is the presentation of the work, idea or creation of another person as though it is your own. It is a form of cheating and is a very serious academic offence that may lead to expulsion from the University. RMIT\u2019s policy on Plagiarism is available at RMIT website.
\nExamples of plagiarism include:
\n\u2022\u00a0\u00a0\u00a0 Copying sentences or paragraphs word-for-word from one or more sources, whether published or unpublished, which could include but is not limited to books, journals, reports, theses, websites, conference papers, course notes, etc. without proper citation;
\n\u2022\u00a0\u00a0\u00a0 Closely paraphrasing sentences, paragraphs, ideas or themes without proper citation;
\n\u2022\u00a0\u00a0\u00a0 Piecing together text from one or more sources and adding only linking sentences;
\n\u2022\u00a0\u00a0\u00a0 Copying or submitting whole or parts of computer files without acknowledging their source;
\n\u2022\u00a0\u00a0\u00a0 Copying designs or works of art and submitting them as your original work;
\n\u2022\u00a0\u00a0\u00a0 Copying a whole or any part of another student’s work; and
\n\u2022\u00a0\u00a0\u00a0 Submitting work as your own that someone else has done for you.<\/p>\n
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individual task like:<\/p>\n
That is a group assignment. The part that I have to
\ndo\/finish you can find in the word document that I marked with yellow
\ncolour. In all of dots (parts of assignment that I have to do) it is
\nnecessary to include a competitor (depending on the issue).<\/p>\n
We chose company Harvey Norman for our research, and as its competitor, JB
\nHi Fi.
\nFor both companies I am forwarding the Annual report 2017.<\/p>\n
To compare with a competitor, you need to create a table (compare NP, ROA,
\n\u2026..).
\nYou need to compare Harvey Norman with JB Hi Fi, and with Industry (3
\ncolumns).
\nHarvey Norman\u00a0 \u00a0JB Hi FI\u00a0 \u00a0 \u00a0 \u00a0 Industry
\nNP
\nROA
\n\u2026..
\n\u2026\u2026
\nThe table is only given as an example.<\/p>\n
The comparison has to be based on:
\n–\u00a0 \u00a0 \u00a0 \u00a0Data from annual reports
\n–\u00a0 \u00a0 \u00a0 \u00a0Analysis
\n–\u00a0 \u00a0 \u00a0 \u00a0Research.<\/p>\n