You are required to prepare a research project on a practical accounting topic. The objective of this project is to strengthen your communication, writing, and analyzing skills much needed in the modern business environment.

You are required to get the published annual report of one of the EGX 100 companies for the years 2017, 2018, and 2019.
Report 1 -------- Assessment of the Company’s Equity

   Examine the Equity section in the Statement of changes in Equity and the Statement of Financial Position of your company for the 3 years and write a report containing:
1.   What types of shares issued by the company?
2.   What type of dividends declared by the company?
3.   How much cash dividends paid by the company?
4.   Is there any share split done? If yes, what are the reasons?
5.   Are there any shares held in treasury?
6.   Do the company have AOCI?, if yes, then analyze the movements for AOCI in the 3 years
7.   Are there any reserves? What are their types? And how they are calculated?

Report 2 ------- Assessment of compliance with IFRS Equity disclosures

   Read IAS 1 – Presentation of Financial Statements (from IAS plus on the internet) and get familiar with the required disclosures needed for EQUITY.
   Construct a checklist of mandatory items to be disclosed for EQUITY under IFRS from IAS 1 (ROSC checklist is offered for help).
   Score each company with the required disclosures for EQUITY ONLY by giving 1, 0 or N/A
   Calculate an OVERALL IFRS disclosure compliance score for the company in each of the 3 years by dividing the number of actual disclosures over the total number of applicable disclosures required.
   Comment on the company’s compliance with IFRS (high-moderate-low-poor).

Report 3 --------- Assessment of the Company’s Equity Performance

•   Conduct a Comprehensive Ratio Analysis using charts and graphs for the 3 years to give a full picture about the Equity performance of the company? The minimum ratios to be calculated are 3 ratios.

Transcribed Image Text:

Equity Issued and paid up capital Share premium Legal reserve Other reserve Retained earnings Fixed assets adjustments surplus Profits for the year Total equity (17) (32) 56,521,739 292,789,166 20,052,567 170,196 50,697,814 71,458,002 49,987,100 541,676,584 56,521,739 292,789,166 18,894,127 170,196 17,434,414 82,711,039 23,168,803 491,689,484 Equity Issued and paid up capital Share premium Legal reserve Other reserve Retained earnings Fixed assets adjustments surplus Profits for the year Total equity (17) (32) 56,521,739 292,789,166 20,052,567 170,196 50,697,814 71,458,002 49,987,100 541,676,584 56,521,739 292,789,166 18,894,127 170,196 17,434,414 82,711,039 23,168,803 491,689,484

Answer rating: 100% (QA)

Report 1 Assessment if the companys Equity Equity Analysis Report for GB Corporation 20172019 1 Types of Shares Issued GB Corporation has issued two different types of shares common shares and preferr... View the full answer