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Essay Instructions: Financial Reporting and Management Accounting Module : CourseWork

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Please start up by consulting a number of related books and articles on financial reporting in your library.

List the desirable characteristics of financial reports as outlined in such books and articles.

Examine the annual reports of IKEA (uploaded) with all the financial statements included (at least for 3 financial years) towards the following points:

1. Examine these reports and then make the appropriate financial assessment on it to see how far in your view it appears to contain the desirable characteristics of financial reports as outlined in
the textbooks. (You must show all workings, that is to analyze the financial performance and risk position of this company as disclosed by its financial statements and explain and interpret ratios calculated for at least 3 financial years).

(50% of the total mark)


2. Given the focus of IKEA on the customer, the drive to reduce costs, concerns for the environment and sustainability issues, and the emphasis on ?customers, co-workers and suppliers? working together,

You are required to:

Discuss, using relevant academic literature to support your arguments, the potential for using strategic management accounting concepts and techniques to help promote and facilitate IKEA?s ambitions for the future.Prepare a written report on your findings and present them on your
assignment and provide a practical example regarding their accounting and financial implications.

(50% of the total mark).

The objective of this assignment for the students is to tackle the financial analysis of one classical and very popular company case which takes place internationally which will reveal apparently the business and financial strategy of different kind of enterprises, and especially the very large ones.

This project will entail a detailed discussion and financial/accounting and managerial accounting application on the proposed alternative strategies on financial ratios and the data derived by the financial statements and will focus mainly on the view and the opinions of the management team regarding managerial accounting/costing policies.


You are required to write a reply in order to cover all the above mentioned detailed questions. Bearing in mind the academic content of the program of Financial Reporting & Management Accounting, examine the above issue in your organisation?s financial and managerial accounting function and blend the theoretical aspects with the practical situation that IKEA as an organization is currently facing.

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Additional Notes:
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.The assignment will be submitted to TURNITIN plagiarism detection software by me before delivering it to the Unit Leader. The Confirmation Number that I will get from TURNITIN will be written by me into the Cover Page of the work. Therefore, it is very important not to have any suspect for plagiarism.


.All referencing should be Harvard Referencing Style.

Only academic papers, articles should be used as a reference. Internet source or any other source should NOT be used as a reference.

Avarage 21 references should be used in the Literature Review parts of the assignment.


. As attached(OB_paper.pdf) you can find sample assignment written for a very different topic. To ilustrate the referencing and literature review I put it at the attachment.

.The Structure of the Assignment should be like below;

1.Abstract

2.Table of Contents

3.Introduction

4.

Literature Review about

i) the Desirable Characteristics of Financial Statements

(Qualitative and Quantitative characteristics)


ii) the Users of the Financial Statements


iii) the Financial Year/Accounting Period Concept


iv) the Analysis and interpretation of financial reports with Ratios and percentages

2.

Application of Literature Review into practice for IKEA's 3-year (2009-2010-2011) financial reports attached.

i) What is missing and ok in the reports? The good and bad points of Reports based on Literature Review.

ii) 3-year comparative ratio analysis and their interpretations


3.

Literature Review of "Strategic Management Accounting Concept" and

its application to facilitate the IKEA's ambitions for the future



4.Conclusion


5.References

Thanks & Regards

Essay Instructions: Request a Generic term paper on the SAP's External Financial Reporting

-History of SAP
- Company overview
- Global Market Overview
- Services they provide
- Technologies and future products
- Customers they support
-
External Financial Reporting procedures and process
examples



No academic references from Wikipedia, investopedia or similar sources

Essay Instructions: You were recently hired as management director of the new I Can Business Incorporated (ICBI). You have been asked to establish policies and systems for the business. The first one you choose to work on is a financial reporting system.

For this assignment, you must develop a memo that you will deliver to the board of directors of ICBI. You will describe what a financial reporting system is and explain how management of ICBI should use an activity based budget instead of an operating budget. Be sure to explain the similarities and the differences of the two. Finally, give examples of budget guidelines for ICBI. You must answer the following questions:

Describe the meaning and the components of a financial reporting system.
Write a description of how management should use an activity based budget instead of an operating budget
Explain the similarities and differences of the two budgets
Give an example of budget guidelines that ICBI should follow in order to successfully plan.
Identify and describe at least five (5) basic budget guidelines.

Essay Instructions: Once you get this information send me a test e-mail and I will provide you the information needed for the paper.

These are the topics that I need for you to write about. My portion needs to be between 400-500 words.
What are the company?s total current liabilities at the end of its most recent annual reporting period?
What are the company?s total current liabilities at the end of the previous annual reporting period?

Financial Reporting Problem, Part 2
Access the Internet to acquire a copy of the most recent annual report for the publicly traded company used to complete the Financial Reporting Problem, Part 1 assignment due in Week Four.
Analyze the information contained in the company?s balance sheet and income statement to answer the following questions:
? Are the assets included under the company?s current assets listed in the proper order? Explain your answer.
? How are the company?s assets classified?
? What are cash equivalents?
? What are the company?s total current liabilities at the end of its most recent annual re-porting period?
? What are the company?s total current liabilities at the end of the previous annual report-ing period?
? Considering all the information you have gathered, why might this information be im-portant to potential creditors, investors, and employees?
Summarize the analysis in a 1,050- to 1,400-word paper in a Microsoft? Word document.
Include a copy of the company?s balance sheet and income statement.
Format your paper and presentation consistent with APA guidelines.



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