Accg3050 - Group And Assessment Answer

Assignment Task

1. Introduction, including a clear statement of objectives and an outline of the structure of the report.

2. Environment and Industry Analysis, including:

• Discussion of the environment: 1) identify the economic or other relevant factors, 2) discuss how these factors affect the company’s operating environment, and 3) explain how the trends in these factors affect the company in the future.

• Discussion of competitive forces within an industry using the five forces framework.

3. Strategy Analysis, including:

• Discussion of the company’s competitive and corporate strategy.

• Conclusion of the company’s prospects for profitability and growth based on your analyses on the environment, industry and strategy.

4. Accounting Analysis, need to:

• Identify the company’s ONE key accounting policy.

• Discuss how this accounting policy relates to the company’s business operations and strategies. In other words, why it is considered as “key” based on your knowledge of the company.

• Identify areas that require the use of management judgment, and provide explanations. Conclude the level of accounting flexibility.

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