Category Archives: Uncategorized

One of the opportunities managers can take in order to maximise shareholder wealth is to make the “right” decisions at the right time. Managers need to have a developed understand of the past to be able to make decisions which will present the best outcome for the firm in the future. How can accounting help a managerContinue reading “Ass 2 Step 6 – Chapter 8 KCQs”

Managers in a firm create the pathway for employees and others within a firm to achieve the company’s goal and dreams. Managers need to make the plan of attack (or action) which others can follow. The managers within a firm also need to relay this plan of attack to others within a firm, there isContinue reading “Ass 2 Step 5 – Chapter 7 KCQs”

I began with my Statement of Changes in Equity as the video Maria has provided was the shortest and I though it would be best to build my confidence up slowly rather than diving into the harder statements, particularly the Income Statement which I had heard other students were having difficulty with.   When it came to separatingContinue reading “Ass 2 Step 3 – Commentary on Restating Financial Statements”

Costs are a necessary part of business and include and outlay of value from a business. Generally, the outlay is being exchanged for revenue or something else larger than the outlay made. Otherwise a firm will not last in business very long because they will not be making profit and will probably be operating atContinue reading “Ass 2 Step 2 – Chapter 6 KCQs”

Please click the following link to access my Spreadsheet. All feedback will be greatly appreciated.

The first concept I can identify is the understanding that history will provide a better understanding of the future. I imagine reviewing history is the main way in which a firm’s shares can be valued or priced because we cannot predict what will happen in the future. Investors can look at the past performance ofContinue reading “Ass 2 Step 1 – Chapter 4 KCQs”

Step 5 – Chapter 2 KCQs:   From my reading of Chapter 2, I understand banks have the power to request financial information when they are deciding whether to lend a firm money or not. This makes complete sense to me because I work in real estate and when a prospective tenant applies for a rental property, weContinue reading “Ass 1 Step 5 – Chapter 2 & 3 KCQs”

Please click the following link to access my Spreadsheet. All feedback will be greatly appreciated.

Studiosity has already made me feel much more confident in my own work. At first, I had some problems logging in and thought it was going to be more hassle than what it is worth. However, once I logged in I realised what a wonderful service it is. I submitted my assessment and had it back within aContinue reading “Ass 1 Step 3 – Studiosity”