Emma - wow - your assignment is great! You were honest about not being from an accounting background but you definitely asked pertinent questions that really show you CARE about learning how to practically use financial statements and more of accounting in general. I don't think you are an over-thinker, I think you are a deep, logical thinker. For all your concerns about numbers, I think you are a very intelligent, logical and dedicated student. Your assignment starts off with a really interesting historical background. Got me hooked straight away. I didn't know about Kurnell! Embarrassment. The following posts on the blog continued to hold my interest, but I can especially relate to your KCQs and I think that your bullet points about the financial statements are logical and well-put. Yet you still sound like a person who's thinking in the moment and I think that's exactly why we were given this type of assignment, to stop regurgitating facts and sounding like boring textbooks when we write. So you hit the nail on the head for me in this aspect. All in all, I really like your work :) Great, great job.
Well done! You have put a lot of time and effort into your assignment and it shows. Its great that you were able to get a company which you can relate to and already have some prior knowledge. The Annual reports can be tough going to read and understand and I think you have done a good job to pick up aspects such as the 2014 FY loss and the reasoning behind it. I find it interesting also that the share price increased in the 2014 FY even with the closing of the refinery and the loss incurred. The company which I have been given - Travis Perkins also has a financial year which runs from 1st January to 31st December which I haven't seen with any companies I have dealt with before either. I will be uploading my draft assignment 1 later today if you would like to have a look. Better late than never right :) http://iaccountnow.blogspot.com.au/
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ReplyDeleteEmma - wow - your assignment is great! You were honest about not being from an accounting background but you definitely asked pertinent questions that really show you CARE about learning how to practically use financial statements and more of accounting in general. I don't think you are an over-thinker, I think you are a deep, logical thinker. For all your concerns about numbers, I think you are a very intelligent, logical and dedicated student.
ReplyDeleteYour assignment starts off with a really interesting historical background. Got me hooked straight away. I didn't know about Kurnell! Embarrassment.
The following posts on the blog continued to hold my interest, but I can especially relate to your KCQs and I think that your bullet points about the financial statements are logical and well-put. Yet you still sound like a person who's thinking in the moment and I think that's exactly why we were given this type of assignment, to stop regurgitating facts and sounding like boring textbooks when we write. So you hit the nail on the head for me in this aspect.
All in all, I really like your work :) Great, great job.
Well done! You have put a lot of time and effort into your assignment and it shows. Its great that you were able to get a company which you can relate to and already have some prior knowledge. The Annual reports can be tough going to read and understand and I think you have done a good job to pick up aspects such as the 2014 FY loss and the reasoning behind it. I find it interesting also that the share price increased in the 2014 FY even with the closing of the refinery and the loss incurred. The company which I have been given - Travis Perkins also has a financial year which runs from 1st January to 31st December which I haven't seen with any companies I have dealt with before either. I will be uploading my draft assignment 1 later today if you would like to have a look. Better late than never right :) http://iaccountnow.blogspot.com.au/
ReplyDelete