Access the annual accounts for two businesses organisations

You are required to access the annual accounts for two businesses organisations. From these accounts, you will use accounting ratios to make a comparison of the financial performance of each business and an analysis of why the ratio outcomes for each business may differ.

Access the annual accounts for two businesses organisations

You are required to access the annual accounts for two businesses organisations. From these accounts, you will use accounting ratios to make a comparison of the financial performance of each business and an analysis of why the ratio outcomes for each business may differ. Where financial performance of the business needs improving, you should suggest strategies the business may introduce to achieve that improvement. You must also make use of appropriate accounting terms and show where the businesses have made year-end adjustments and their impact on the financial statements of that business.

Your assignment will be in a report format.

Your report should include evidence of the learning outcomes set out below:

Firstly, An explanation of appropriate accounting terms and concepts.  (LO 1)

Secondly, An interpretation of the financial statements you have downloaded.  (LO 1)

Thirdly, An explanation of the importance of making year-end adjustments and an analysis of the effect of these adjustments on the financial accounting statements of a selected business organisation.  (LO 2)

Further, An explanation of the meaning of a range of different accounting ratios.  (LO 3)

Additionally,  An explanation of the uses and limitations of using ratios to analyse the financial performance of a business organisation. (LO 3)

Furthermore, Evidence of the use of appropriate ratios to analyse the financial performance of your chosen business (based on the annual accounts you have selected).  (LO 4)

Finally,  An analysis of the ratio calculations, identifying strategies for improving the financial performance of the business organization.   (LO 4)