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Current Implementation Of Ifrs Assessment Answer

  4 Download     📄   1 Pages / 184 Words

Key Topics

 


 

Cover Page and
Executive Summary
• All information present
• Each key section briefly summarized.
• Specifically answers:
• What business are you in?
• Who is on the team?
• Where will you locate and why?
• What is your product/service?
• How much capital will be needed?
• Why we should invest in your company?

Business Description
• complete and accurate overview of Industry
• Mission statement/Goals
• Explanation for the business type, legal structure, name,
and location
chosen.
• Description of the product/service, why it is needed and what makes it unique.
• Describe the company's position and pricing strategy

Management and Legal
• Who are the managers?
• What is their area of responsibility?
• Who are the owners?
• Legal Issues

Financials (/15)
• Identify Risks
• Identify potential expenses and capital requirements.
• Create financial statements - cash flow, income and balance sheet
• Break-Even analysis
• Ratio Analysis
• 3 Year Cash Projection.

Report Mechanics and
Report Format 
• Check for spelling, capitalization, punctuation, and sentence structure.

Research (/15)
• Evidence of Primary Research and Secondary Research
• Evidence of Supporting Material
• Evidence of Work undertaken
 

What is IFRS?


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