Help With FIN600 Financial ManagementDebug Programming

Context

The purpose of the assignment is to provide you with the opportunity to apply the knowledge and skills acquired in FIN600 Financial Management, to a practical task, involving the use of ‘real‐world’ accounting information. This is intended to consolidate your accounting knowledge and skills.

Instructions

The basic requirement is to undertake a general financial analysis, comparing financial position and performance over the two most recent financial years, of an ASX listed company. Your Learning Facilitator will provide the details of the ASX listed company.

The annual report for the chosen company should be available on the company website and/or will be provided by your Learning Facilitator.

Note: Assessment 2 submissions based on the incorrect company or a company not chosen by the Facilitator will be regarded as a Non-Submission and no grade will be allocated.

Non-Submissions of Assessment 2 will prohibit a Supplementary assessment for the student.

The analysis should consider each of the following financial ratios:

-     profitability and market performance

-     efficiency,

-     liquidity,

-     capital structure

Note: Please use the ‘consolidated’ data in conducting your analysis.

You are only required to look at the mostrecent financial report. For those ratios which involve averages, you will calculate an average for the mostrecent year only, the prior   year ratio calculation will NOT consider average calculations.

This assignment will contain two elements:

1.   Schedule(s) of relevant ratios and other useful calculations

-     The detailed calculation of relevant ratios and other useful calculations should be   included, as one appendix, prepared using Excel. An example template is provided under the assessment 2 information, FIN600 Assessment 2 Appendix template.xls.

-     You will be advised by your facilitator as to which ratios to calculate.

-     You are advised to show the formulae used in determining particular ratios and other figures.

2.   A written report

The written report is the main element of this assessment. A sample template is provided under the assessment 2 information, FIN600 Assessment 2 report template.doc.

The written report should:

-     Explain what is revealed by the ratios and other calculations, in the context of the company’s profitability, asset efficiency, liquidity, capital structure, and market performance.

-     In particular, any important changes over the two financial years should be identified, discussed and, where possible, explained.

-     Provide an overall assessment of whether the company, over the recent financial

year, has been better than the previous financial year, in the perspective of existing equity investors (shareholders).

In preparing this report, students should:

-     analyse the financial statements of the business;

-     identify key ratios and apply ratio analysis;

-     argue the case of why the organisation mayor may not succeed in the future and what the business should be doing to help it succeed;

-     consider the impact of the political and competitive environment on the business;

-     include external factors that need to betaken into consideration and the likelihood of amerger or acquisition;

-     provide a recommendation, that is, would you invest in this company after your own analysis or under what circumstances would you buy/save the business?

The assignment is to comply with the University’s General Guide for the Presentation of

Academic Work. Please see more information here:https://laureate-

au.blackboard.com/webapps/blackboard/content/listContent.jsp?course_id=_20163_1&co ntent_id=_2498849_1

Points to consider

i.      You are encouraged to seek and use additional public information about the

company from sources, other than the annual report (for example, the internet, journal articles, newspapers, and business magazines).

ii.       However, it is NOT envisaged that you will be engaged in extensive research of    this nature and it is expected that the annual report will be the primary resource relied upon, in completing the assignment.

iii.      You are asked NOT to try and make direct personal contact with the company or its officers (for example by telephone, fax, letter or email), in an attempt to gather further information.

iv.       It is important to note that you must NOT reproduce company promotional

material from the annual report or company website and represent it as critical analysis.

v.      You will be provided relevant share price data for the company by your facilitator

so that investment ratios (such as a price earnings ratio) can be calculated.

vi.      You  may  find  it  useful  to  consult  accounting  references,  in  addition  to  the prescribed text, which deals with the analysis and interpretation of company financial reports.

vii.      As this  is a  Masters-level subject, students are expected to engage with  high quality  credible  resources  (eg.  academic  journal   articles)  to  support  and develop  arguments  and   position  statements,   using  the  Torrens   University Library: http://library.laureate.net.au.  References  to   ‘Wikipedia’  or  similar unsubstantiated             sources             will             not              be             accepted.

viii.       It is essential that you use the appropriate APA 6th referencing style, for citing  and  referencing  research.  The  assignment   is  to   include  in-text citations and a reference list following the appropriate APA 6th referencing

style.      Please      see      more      information      on       referencing      here:

https://library.torrens.edu.au/academicskills/apa/tool

Submission Instructions

Submit the assessment via the submission link of “Assessment 2 – Report” on the student portal in the main navigation menu in FIN600 Financial Management by the due dates:

12 Week Delivery: Due by 11:55 pm Sydney time Sunday of Week 11 (End of Module 6.1)