Accounting Concepts and Practices

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BUACC 5930 – Accounting Concepts and Practices
“You are a financial adviser at Sullivans, a respected stockbroking firm domiciled in Sydney. You have been asked to review the financial position and performance of Wesfarmers Limited to determine whether it should be recommended to clients as a worthwhile investment.
Required:

For weighted average ordinary shares issued use the number of shares on issue at the end of each financial year.
Prepare a report for the CEO of firm which should include:
a. A calculation of all the financial ratios for 2010 and 2011 specified in a textbook using consolidated figures.
b. An overall assessment of the company and recommend on investing in the company.
Note the following:
* Format: Business report
* Contribution to overall assessment: 20%
* Length: 1500 ? 2000 words
* Due date:
* comply with the University’s General Guide for the Presentation of Academic Work

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