You are an accountant at MYB Group Accountants & Investment Advisors. You have been approached by a group of investors for your professional advice on investing in Woolworths Ltd. Your client wishes to adopt an investment strategy that seeks to maximize both financial return and social good.
Required:
Go to: https://www.woolworthslimited.com.au/annualreport/2012/
And access the company’s annual report for 2012, 2011
Prepare a report for your client. Your report must comprise:
a) A description of the core business of the company including full details of its operating activities.
b) A discussion on any significant issues emerging from the Chairman’s Report.
c) A discussion on any significant issues emerging from the Managing Directors’ Report.
d) A discussion on company’s Corporate Governance Statement.
e) A calculation of the key financial ratios for 2012.2011,2010
f) An overall assessment of the company and your recommendation on investing in the company.
In making an overall assessment, you may conduct additional research on Woolworths too. For example, https://www.news.com.au/business/woolworths-betting-on-booze-profits-as-it-looks-to-expand-hotel-empire/story-e6frfm1i-1226223987450
Please note the given:
a) Format: Business report
b) Contribution to overall assessment: 20%
c) Length: 2000 – 2200 words
d) Due date?
e) Your work must comply with the University’s General Guide for the Presentation of Academic Work.
https://www.ballarat.edu.au/current-students/assistance,-support-and-services/academic-support/general-guide-for-the-presentation-of-academic-work
f) This is a group-assignment. Each group needs to have 2 members in it. Please organize yourselves into groups.
g) Please make sure that names and ID numbers of all group members are stated on the cover sheet of your submission.
As this is a group assignment, each member of a group is awarded the same mark. Working in groups has its pros and cons. I am sure that you will hold constructive and energetic group discussions on the issues at hand. In case of any disagreements, you will be able to resolve them in a democratic and rational way. There will be times when you may have to agree to disagree with each other. Invariably different group members bring different skills to a project; it is up to you to make the best of it. I believe one can learn a lot by discussing the issues with one’s colleagues.
If you happen to find your group members are “not pulling their weight” or there are problems with any member’s commitment, then please try to resolve those issues amongst yourselves. Open and honest communication always helps. If you are unable to resolve these issues, you are most welcome to see me and we will try to sort out the problems together. Do this as soon as possible and certainly before the due date.