Reference no: EM132329761
Financial Reporting Assignment -
Details of what you are expected to do:
1. Rationale: expands the theoretical base of financial accounting, by critically analyzing and evaluating the financial performance of a company.
2. The learning outcomes being assessed: Critically analyse and appraise company performance.
This assignment is to be done individually.
Recommended Guide FINANCIAL REPORT WRITING
EXECUTIVE SUMMARY - a synopsis of the report (the second last thing to be written)
CONTENTS PAGE (the last thing to be written!)
SECTION 1 - INTRODUCTION
SECTION 2- ANALYSIS OF FINANCIAL PERFORMANCE
Using the latest three annual reports of your allocated company, select and calculate exactly 6 ratios of your choice over the last two-year period.
2.1. to 2.6 - Calculation**, explanation of your chosen 6 ratios(note the calculations** of your ratios should be included in the appendices)
SECTION 3 - INVESTMENT
Using ratio analysis (data in section 2 above), and any other relevant information, analyse the financial performance and position of the company from an investor's point of view. The company's performance and make a recommendation, with reasons, to invest or not to invest.
APPENDIX
- Calculation (all figure work) of your chosen ratios in Section 2 above.
- Brief quotes - about 5 lines is the maximum acceptable for each quote, and you should not have more than 6 quotes in your essay. You don't need to include any at all if you don't want to. If you do use quotes, it is important that you have a good reason for including it - the quote must be properly introduced and you must make some comments on each one.
References
Assignment requirements:
Company Assigned: Hfd-Halfords Group PLC
You will be assigned a company to analyse (Hfd-Halfords Group Plc). Using the latest three annual reports of the company allocated to you, analyse the financial performance and position of the company from an investor's point of view using ratio analysis. You are expected to select and calculate exactly 6 ratios of your choice over each of the last two-year period for this purpose (for example for the years 2015, 2016 and 2017).
Explain with reasons whether you will be prepared to invest in this company.
Your solution should be presented in a report format and should include an executive summary and a list of references at the end. All tables and calculations should NOT be included in the main report but as appendices.
Any of the following 6 ratios can be calculated and used in the analysis from an investors point of view.:
Profitability ratios:
- Return on Capital Employed (ROCE)
- Return on Equity (ROE)
- Gross Profit Margin (GPM)
- Net Profit Margin (NPM)
Liquidity Rations:
Gearing:
- Gearing ratio
- Interest Cover
Efficiency and effectiveness:
- Non-current Asset Turnover
- Trade Receivables Collection Period
- Trade Payables Payment period
- Inventory Holding Period
Additional Information: Word limit: 2000 words (excluding appendix) What counts towards the word limits? Footnotes, except where these are used ONLY to give references to your sources. The use of footnotes to expand upon points you have made in the body of your report will count towards the word limit. Appendices - except where these merely reproduce material from your sources / ratio calculations / tables / graphs / diagrams. Any additional explanation of terms / glossaries etc. WILL count towards the word limit. Any tables pasted as picture (.jpeg for example) will be reviewed by the marker and word count added to the main body of the text.
Attachment:- Assignment File.rar