accounting for business decisions

Paper details:
The assignment hastwo parts namely Part A(6 5 points)& B (3 5 points). Part A will require you to undertake research choosing a company that is listed in the Australian Stock Exchange (ASX)As a rule, Public Companies engaged in Banking & Financing like ANZ and Westpac, Retailing like Wesfarmers and David Jones, Airlines like Qantas and Jetstar will not be allowed Part B will involve a case study The assignment aims to develop an understanding of financial statements structure and their use in decision-making. The task is to choose a publicly listed company from the Australian Stock Exchange (ASX) which should be approved by your lecturer (as not to have the same companies from other group) and analyse the financial statements. This group project itself includes several assignments, each of which comprises a part of the students’task. However,it is well encouraged to include any additional information that studentsmay think will be useful in conducting financial statements analysis of the selected company.The maximum number of members is 5.This is non-negotiable.General Rules and RequirementsThe report should be prepared by a group with a maximum of three members. Reports must be confined to 2,500 words(+ -5%). For Part A, a title page, table of contents page(based on your report headings) , introduction, conclusion and references should be included . Font type should be Arial (size 11), paragraph spacing should be 1.5. For part B, follow the instructions in the assigned case or problem. Note: Any additional material from external sources that you “ copy and paste” into your report is NOT included in the word limit. Also, ensure it is appropriately referenced. PART A: Part A 1 (10 points) Provide an executive summary of your company’s background relating to business structure, operations, services and all other business activities that are conducted, etc. Part A 2 (20 points) Use the annual report for the year ending 30 June 2014 . Your groupwill need to review the major sections of this report in order to familiarize yourselves with the content of each of the financialstatements and appropriate notes to the financial statements. Review the balance sheet of the company and indicate the amount of the following: a)Total current assets b)Total non-current assets c)Total current liabilities d)Total non-current liabilities e)Total stockholder’s equity Compare the above figures with the previous year and compute the percentage increase or decrease and comment on the comparative financial conditionof the company. Part A 3(15 points) Review the income statement and indicate the following: a)Total (operating) revenues b)Cost of Goods Sold (if relevant) c)Total expenses (before income taxes) d)Any non-operating (or extraordinary) gainsand losses e)Earnings per common share Compare the above figures with the previous year and compute the percentage increase or decrease and comment on the comparative financial operation of the company. Part A 4 (10 points) Review the statement of cash flows for the most recent year and indicate the following: a) net cash inflow (outflow) from operating activities b)net cash inflow (outflow) from financing activities c) net cash inflow (outflow) from investing activities d)net increase (decrease) in cash during the year Analyse the Cash Flow Statements for the last 2 years and comment on the cash position of the company. Part A 5 (10 points) Review the stockholders’ equity section in your chosen company’s most recent year-end balance sheet and compare that with the previous year – end balance sheet.Compare percentage increase or decrease.List the stockholders’ equity account balances and number of outstanding shares from these two balance sheets and compute the increase or decrease for each during this past year. Part B Case Study ( 5 points ea. 35 points) Recently you received the following offers from the organizers of Melbourne Tennis Open 2015: Now you can buy premium tickets to the coming Melbourne Tennis Open 2015 with signatures of your choice of popular tennis players like Rafael Nadal, Roger Federer to name a few. However, there are only 3,000 tickets that have these collectible features. ? Retail price: $300 each ? Tennis club members : $280 each ? To order , complete the online order form @ www.MTO2015.com.au . ? Allow 5 days for delivery Required: 1. Describe the alternatives the organisers have in relation to recognizing revenues. Which would you recommend and why? 2. Would your answer differ if you included in the sale of the tickets that if the customers are not happy the tickets may be returned within one month? 3.Let us assume that the organisers contracted a selling agent that takes care of all selling and marketing responsibilities, gets 10% as commission. The policy states that no return no exchange. When should the organisers recognize revenue? 4.With regards to the authenticity of the signatures, do you think the accounting profession have the skills to provide the services to authenticate? Discuss and show examples. 5. Discuss the importance of Cost of Goods Sold(COGS) in this case. How is it applied? 6.Let us say that the signatories will get a fixed fee for the effort, when would the organisers recognize the expense? 7.Assume that the signatories will get a 5% commission on the sales of their signed tickets. When would the organisers recognize the cost

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HI5001 Accounting for Business Decisions (T2, 2015)
Group Assignment (Total points 100 30% of Final Mark)
The assignment has two parts namely Part A (65 points) & B (35 points). Part A will require you to undertake research choosing a company that is listed in the Australian Stock Exchange (ASX). As a rule, Public Companies engaged in Banking & Financing like ANZ and Westpac, Retailing like Wesfarmers and David Jones, Airlines like Qantas and Jetstar will not be allowed. Part B will involve a case study.
The assignment aims to develop an understanding of financial statements structure and their use in decision-making. The task is to choose a publicly listed company from the Australian Stock Exchange (ASX) which should be approved by your lecturer (as not to have the same companies from other groups) and analyse the financial statements.
This group project itself includes several assignments, each of which comprises a part of the students’ task. However, it is well encouraged to include any additional information that students may think will be useful in conducting financial statements analysis of the selected company. The maximum number of members is 5. This is non-negotiable.
General Rules and Requirements:
The report should be prepared by a group with a maximum of three members. Reports must be confined to 2,500 words (+/- 5%). For Part A, a title page, table of contents page (based on your report headings), introduction, conclusion and references should be included. Font type should be Arial (size 11), paragraph spacing should be 1.5. For part B, follow the instructions in the assigned case or problem.
Note: Any additional material from external sources that you “copy and paste” into your report is NOT included in the word limit. Also, ensure it is appropriately referenced.
PART A:
Part A1 (10 points)
Provide an executive summary of your company’s background relating to business structure, operations, services and all other business activities that are conducted, etc.
Part A2 (20 points)
Use the annual report for the year ending 30 June 2014. Your group will need to review the major sections of this report in order to familiarize yourselves with the content of each of the financial statements and appropriate notes to the financial statements.
Review the balance sheet of the company and indicate the amount of the following:
a) Total current assets
b) Total non-current assets
c) Total current liabilities
d) Total non-current liabilities
e) Total stockholder’s equity
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Compare the above figures with the previous year and compute the percentage increase or decrease and comment on the comparative financial condition of the company.
Part A3 (15 points)
Review the income statement and indicate the following:
a) Total (operating) revenues
b) Cost of Goods Sold (if relevant)
c) Total expenses (before income taxes)
d) Any non-operating (or extraordinary) gains and losses
e) Earnings per common share
Compare the above figures with the previous year and compute the percentage increase or decrease and comment on the comparative financial operation of the company.
Part A4 (10 points)
Review the statement of cash flows for the most recent year and indicate the following:
a) net cash inflow (outflow) from operating activities
b) net cash inflow (outflow) from financing activities
c) net cash inflow (outflow) from investing activities
d) net increase (decrease) in cash during the year
Analyse the Cash Flow Statements for the last 2 years and comment on the cash position of the company.
Part A5 (10 points)
Review the stockholders’ equity section in your chosen company’s most recent year-end balance sheet and compare that with the previous year-end balance sheet. Compare percentage increase or decrease.
List the stockholders’ equity account balances and number of outstanding shares from these two balance sheets and compute the increase or decrease for each during this past year.
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Part B Case Study (5 points ea. 35 points)
Recently you received the following offers from the organizers of Melbourne Tennis Open 2015:
Now you can buy premium tickets to the coming Melbourne Tennis Open 2015 with signatures of your choice of popular tennis players like Rafael Nadal, Roger Federer to name a few. However, there are only 3,000 tickets that have these collectible features.
? Retail price: $300 each
? Tennis club members: $280 each
? To order, complete the online order form @ www.MTO2015.com.au.
? Allow 5 days for delivery
Required:
1. Describe the alternatives the organisers have in relation to recognizing revenues. Which would you recommend and why?
2. Would your answer differ if you included in the sale of the tickets that if the customers are not happy the tickets may be returned within one month?
3. Let us assume that the organisers contracted a selling agent that takes care of all selling and marketing responsibilities, gets 10% as commission. The policy states that no return no exchange. When should the organisers recognize revenue?
4. With regards to the authenticity of the signatures, do you think the accounting profession have the skills to provide the services to authenticate? Discuss and show examples.
5. Discuss the importance of Cost of Goods Sold(COGS) in this case. How is it applied?
6. Let us say that the signatories will get a fixed fee for the effort, when would the organisers recognize the expense?
7. Assume that the signatories will get a 5% commission on the sales of their signed tickets. When would the organisers recognize the cost

Compelling correspondence is essential to the achievement all things considered but since of the changing idea of the present working environments, successful correspondence turns out to be more troublesome, and because of the numerous impediments that will permit beneficiaries to acknowledge the plan of the sender It is restricted. Misguided judgments.In spite of the fact that correspondence inside the association is rarely completely open, numerous straightforward arrangements can be executed to advance the effect of these hindrances.

Concerning specific contextual analysis, two significant correspondence standards, correspondence channel determination and commotion are self-evident. This course presents the standards of correspondence, the act of general correspondence, and different speculations to all the more likely comprehend the correspondence exchanges experienced in regular daily existence. The standards and practices that you learn in this course give the premise to additionally learning and correspondence.

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This course starts with an outline of the correspondence cycle, the method of reasoning and hypothesis. In resulting modules of the course, we will look at explicit use of relational connections in close to home and expert life. These incorporate relational correspondence, bunch correspondence and dynamic, authoritative correspondence in the work environment or relational correspondence. Rule of Business Communication In request to make correspondence viable, it is important to follow a few rules and standards. Seven of them are fundamental and applicable, and these are clear, finished, brief, obliging, right, thought to be, concrete. These standards are frequently called 7C for business correspondence. The subtleties of these correspondence standards are examined underneath: Politeness Principle: When conveying, we should build up a cordial relationship with every individual who sends data to us.

To be inviting and polite is indistinguishable, and politeness requires an insightful and amicable activity against others. Axioms are notable that gracious “pay of graciousness is the main thing to win everything”. Correspondence staff ought to consistently remember this. The accompanying standards may assist with improving courtesy:Preliminary considering correspondence with family All glad families have the mystery of progress. This achievement originates from a strong establishment of closeness and closeness. Indeed, through private correspondence these cozy family connections become all the more intently. Correspondence is the foundation of different affiliations, building solid partners of obedient devotion, improving family way of life, and assisting with accomplishing satisfaction (Gosche, p. 1). In any case, so as to keep up an amicable relationship, a few families experienced tumultuous encounters. Correspondence in the family is an intricate and alluring marvel. Correspondence between families isn’t restricted to single messages between families or verbal correspondence.

It is a unique cycle that oversees force, closeness and limits, cohesiveness and flexibility of route frameworks, and makes pictures, topics, stories, ceremonies, rules, jobs, making implications, making a feeling of family life An intelligent cycle that makes a model. This model has passed ages. Notwithstanding the view as a family and family automatic framework, one of the greatest exploration establishments in between family correspondence centers around a family correspondence model. Family correspondence model (FCP) hypothesis clarifies why families impart in their own specific manner dependent on one another ‘s psychological direction. Early FCP research established in media research is keen on how families handle broad communications data. Family correspondence was perceived as an exceptional scholastic exploration field by the National Communications Association in 1989. Family correspondence researchers were at first impacted by family research, social brain science, and relational hypothesis, before long built up the hypothesis and began research in a family framework zeroed in on a significant job. Until 2001, the primary issue of the Family Communication Research Journal, Family Communication Magazine, was given. Family correspondence is more than the field of correspondence analysts in the family. Examination on family correspondence is normally done by individuals in brain science, humanism, and family research, to give some examples models. However, as the popular family correspondence researcher Leslie Baxter stated, it is the focal point of this intelligent semantic creation measure making the grant of family correspondence special. In the field of in-home correspondence, correspondence is normally not founded on autonomous messages from one sender to one beneficiary, yet dependent on the dynamic interdependency of data shared among families It is conceptualized. The focal point of this methodology is on the shared trait of semantic development inside family frameworks. As such, producing doesn’t happen in vacuum, however it happens in a wide scope of ages and social exchange.

Standards are rules end up being followed when performing work to agree to a given objective. Hierarchical achievement relies significantly upon compelling correspondence. So as to successfully impart, it is important to follow a few standards and rules. Coming up next are rules to guarantee powerful correspondence: clearness: lucidity of data is a significant guideline of correspondence. For beneficiaries to know the message plainly, the messages ought to be sorted out in a basic language. To guarantee that beneficiaries can without much of a stretch comprehend the importance of the message, the sender needs to impart unmistakably and unhesitatingly so the beneficiary can plainly and unquestionably comprehend the data.>

accounting for business decisions

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