Reference no: EM132385485
Task instructions
The purpose of this assessment is to familiarize yourself with companies that make the headlines, why they are of national interest, and how did they end up in liquidation.
Company - "Diploma Group" (in Australia and insolvency)
You are required to choose a Company that has gone into liquidation/receivership in the last five years. You need to be able to obtain financial information on the Company that you choose. Check with your tutor before finalising your company.
Question 1. Write a brief description on the Company, identifying the industry they were in, their turnover, how long they had been in business and the history of the organisation.
Question 2. Obtain a copy of their financial statements prior to going into liquidation. Using your knowledge from this subject and previous studies, write a report to management identifying any issues and making suggestions as to the areas, they need to improve.
Question 3. What were the issues that sent this business into liquidation? Did the Company do anything wrong or was it out of their control?
Please use the following to guide you. Contact me if you cannot locate information to meet the requirements of the questions.
Attachment:- Task instruction.rar
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