You are required to select a company of your choice. Criteria for selecting a company and downloading
Question:
You are required to select a company of your choice. Criteria for selecting a company and downloading its Annual Report: It should be a publicly listed company It should not be a financial services company because the financial statements of a bank/ insurance/ financial services company are very different from any other company. You should download the Annual Report and NOT quarterly reports. Annual reports are audited statements and present information for the entire year. You should always analyze consolidated financial statements and not stand-alone financial statements. Post Selection, prepare a report addressing the following: Task 1 (LO5): Review who manages the company, and who owns the company. Have the managers able to enhance shareholders’ value in past one year? Task 2 (LO1, LO4): Review which accounting concepts and conventions are used by the company (In most annual reports, this information is given in Note no. 1 and Note no. 2 of the Annual reports).