Identify different groups of users of financial statements

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Reference no: EM131258952 , Length: word count:2000

You are required to research one company that would be your ideal company to work for.

You should write a report to the newly appointed chairperson of the company, addressing the following issues.

a) identify six different groups of users of financial statements, who would be interested in this company (ensure that both internal and external users are fairly represented).

Provide a brief summary of these users and a brief description of the purposes for which they will use the financial statements

b) Obtain the latest five consecutive years of the published Income Statement and Statement of Financial Position (Balance Sheet) for this company; most importantly the company should be listed on the London Stock Market (these accounts should be included as an appendix to the coursework).

Your analysis should include

- A brief summary of the company.

- Calculations of various ratios which will be used to analyse the company''s performance over the years, choosing at least two from profitability. liquidity, and working capital and solvency ratio

- Provide an analysis on each ratio calculated

- Summarise your findings in the conclusion

No of Pages/Words : 2,000

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This assignment is about a company named Petra diamonds Ltd which I have researched and I have written a report to the chairman comparing about this companies performance of the last five years from 2011 to 2016. I have used graphs to compare the profitability, liquidity and working capital ratios which give a better idea about the performance of Petra diamonds Ltd. And also I have described users of financial statements of Petra and the reasons for their interest in the company. Finally I have made conclusions about the areas which have seen drawbacks in the performance and the areas to be developed further in Petra diamonds. This assignment has been prepared in Microsoft office word document.

Reference no: EM131258952

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