Reference no: EM131581381

Accounting Theory and Analysis Assessment

BACKGROUND

You have just been employed as a graduate accountant at Investment Ezy, a firm that specialises in providing in providing simple, easy to understand advice to potential investors and other stakeholders of companies listed on the ASX. Your manager, Helen, has just handed you a set of the last accounts for Treasury Wine Estates Ltd and has asked you to analyse the annual report so that you can assist her.

PART A - WRITTEN EMAIL

Helen has had a request from Michael, one of Investment Ezy's newest clients, for some information on Treasury Wine Estates Ltd. Michael is a tradesperson with very little investing experience and he has received a tip from a friend that this company might be good to invest in. He has just inherited a large amount of money from his grandmother's estate. Helen has asked you to draft an email providing some background information on what the company actually does that she can send him. She does NOT want any financial analysis as she will complete this herself.

Required (approx. half a page)

Draft the email for Helen in response to Michael's question. The email needs to be in a format and language that is appropriate for the audience. (References not required)

PART B -LETTER OF ADVICE

As an inexperienced investor, Michael is nervous about investing in any company that has any global links.

Required (maximum three pages plus references)

Prepare a Letter of Advice for Michael explaining the impact that globalisation has on Treasury Wine Estates Ltd' annual report, providing examples from the 2015/2016 annual report.

(In-text and end-text referencing for this question is required including page numbers and end-text references should be included at the end of PART B). A minimum of 5 quality references (apart from the annual report) is required.

Marks are allocated for format, content and originality, conclusion, spelling/grammar, and referencing.)

PART C -SHORT ANSWER

With reference to the 2015/2016 annual report, provide answers to the following short answer questions. Your answers should be more than dot points and is limited to 750 words in length.

1. What was the dividend rate declared in the 2015/2016 year for Treasury Wine Estates Ltd?

2. Using agency theory, explain how the owners and managers in Treasury Wine Estates Ltd may differ in their dividend preferences.

3. Identify three (3) key stakeholders of Treasury Wine Estates Ltd and provide examples of disclosures that have been made in accordance with the managerial branch of stakeholder theory for those stakeholders?

4. Provide two (2) examples of additional sustainability reporting information that you would want to see either in the Annual Report of Treasury Wine Estates Ltd. You need to explain why these pieces of information would be relevant.

Attachment:- Assignment.rar