Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The directors are aware that classification of financial instruments as liabilities or equity can have a significant effect on the financial statements. Guidance is provided in IAS 32 Financial Instruments: Presentation (and other standards for items outside of the scope of IAS 32). However, many financial instruments have features of both debt and equity, which can result in inconsistency of reporting and confusion amongst investors. To aid investors in their analysis of Ratcliffe's financial statements, the directors have decided to disclose 'adjusted gearing' and 'adjusted interest cover' and to emphasise these figures in their management commentary. For the purposes of calculating this information, the directors have based the classification of financial instruments on their legal form. This has resulted in some financial instruments classified as debt under IAS 32 being treated as equity in the 'adjusted gearing' and 'adjusted interest cover' calculations.
Required
Problem 1: Discuss, from the perspective of investors in Ratcliffe, the usefulness of reporting 'adjusted gearing' and 'adjusted interest cover'.
Financial Statement Analysis and Preparation
Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?
An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.
Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.
This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited
Prepare general journal entries for Goela Ltd
Prepare the journal entry to record the acquisition of the assets.
Prepare general journal entries to record the transactions, assuming use of the periodic inventory system
Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.
Explain the IASB Conceptual Framework's perspective of users and their decisions.
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 .
Computation of Free Cash Flow
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd