Accounting and Finance Assignment - Case study

Learning Outcomes:

1. Demonstrate a critical understanding and broad knowledge of financial statements and the concepts of corporate finance and investment appraisal in order to evaluate management decisions against strategic corporate objectives.

2. Analyse financial statements and evaluate management decisions through the application of relevant financial tools and techniques to assess their validity in achieving strategic corporate objectives.

Assessment Task - Your assessment task is to investigate the issues surrounding the brief you have been given and to present your findings in a group oral presentation.

Assessment Brief: You are to write a 2500 word report as though you were a consultant writing to the board of directors of a company considering embarking on a major new joint venture with Bellway Plc. The board want to assess the listed company's performance over the past 3 years. Your report should cover the following:

(i) Background - Discuss the company's corporate objectives and how these have changed over the past 3 years. Discuss the key opportunities and major problems that the company has encountered over the past 3 years and is now facing going forward.

(ii) Evaluate the financial statements and other financial information relating to Bellway plc to assess how the company has performed over the past three years taking into account any problems or opportunities identified in (i). This should be an interpretation of the ratios NOT the calculation of the ratios.

Your Evaluation of the Financial Statements should include the following table:

(iii) Discuss how the listed company's performance over the past three years compares with its main competitors. Your answer should include a common size statement and some discussion as to whether the competitors identified faced the same opportunities and problems that listed company faced. How these were are reflected in the competitor's financial statements.

(iv) Conclusion - Discuss whether in your opinion the company the board should back a new joint venture with the listed company. You need to draw on your analysis discussed in (i), (ii) & (iii) above.

Your critique must be submitted in electronic form through BREO. Work not submitted on time will be treated as a non-submission.

Additional Instructions - Word limit is 2,500 words, excluding bibliography, references and appendices. References: You present all your sources following the Harvard Referencing SystemWorking together.

Attachment:- Accounting and Finance Assignment File.rar