You have decided to prepare a practical business case study showing how to prepare financial statements for groups of entities: Corporate Reporting for Strategic Business Assignment, UOC, UK

Task 2

You have decided to prepare a practical business case study showing how to prepare financial statements for groups of entities. You should explain how the financial statements have been prepared and show the workings of all of your calculations.
Your case study must include:
Prepared group accounts:
• including statements of cash flows.
• incorporating associates and joint arrangements.
• involving changes in group structures

LO3 AC 3.1, 3.3, 3.3
Merit Task
To achieve a Merit your case study must analyse the accounting requirements that relate to foreign transactions and entities.

Task 3

For the final section of the portfolio, you have decided to provide an example of a report you would send to a client who has asked you to interpret financial statements and make justified recommendations for their business stakeholders Your report must:
• Interpret financial statements using ratio analysis.
• Make justified recommendations based on financial statement integration.
LO4 AC 4.1, 4.2

Merit Task
To achieve Merit your report must analyze solutions to current issues in financial reporting that may affect the interpretation of key financial statements.

Answer

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