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Task:
Referring to the 2012 and 2013 annual reports of Flight Centre
1) Apply two of the interpretive techniques, analyse the financial data contained in the three financial statements and comment on the company's profitability, liquidity and gearing. Calculation for the financial statements should be done in Microsoft Excel according to the financial data providing in the annual reports.
2) Critique the usefulness of publicly available financial information contained in the annual report of a company from the perspective of a potential investor.
Structure of the ReportExecutive summaryTable of contentsIntroductionBodyConclusionReferencesAppendix of all calculations
Your report must include as an appendix details of all calculations completed as part of the interpretive techniques applied to reach your conclusions.
Note: There shouldn't be any plagiarism at all, it's very important. Also there should be at least 10 APA Style references. Lastly please do all the calculation in Microsoft Excel. Please Find Attached 2012 and 2013 Reports.
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T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .
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