Question: Group Assignment Select a public quoted company. Select the last five years of annual reports. Carefully study the financial statements presented for those five years.

Group Assignment

Select a public quoted company. Select the last five years of annual reports. Carefully study the financial statements presented for those five years. Analyze and report on the following.

1.The accounting concepts that they have adopted (7 marks).

2.The Sri Lanka Accounting standards: SLFRS 13, LKAS 1, LKAS 2, LKAS 10, LKAS 12, LKAS 16, LKAS 17, LKAS 18, and LKAS 23 that they have adopted.Comment on the accuracy and relevance of the adaptation, and any shortcomings or lapses in the adaptation.(20marks).

3.Your explanations for the findings (7 Marks).

4.Your conclusions on the financial reporting of the company based on the answer to the 2 and 3 above (6 marks)

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