- 1500 words
Required
Referring to the 2014 annual reports of Flight Centre
Apply two of the interpretive techniques studied in topic three, analyse the financial data contained in the three financial statements and comment on the company’s profitability, liquidity and gearing (10%)
Critique the usefulness of publicly available financial information contained in the annual report of a company from the perspective of a potential investor (5%)
The assignment needs to be presented in a standard report format including an executive summary, table of contents, introduction, body and conclusion. The report is to be 1500 words in length.
Your report must include as an appendix details of all calculations completed as part of the interpretive techniques applied to reach your conclusions.
Rationale
Critique basic accounting and financial management ideas that underlie and limit the usefulness of accounting and finance information
Explain and apply the nature and measurement of assets, equities, revenue, expenses and income
Critically evaluate and analyse interpretive techniques used in accounting and financial management
Integrate skills in IT, communications and the use of quantitative techniques for management decision making
