ACKNOLEDGEMENT
I would like to cause this opportunity to convey my mentor Mr. XXX, for his valuable guidance, kind assistance, hike and support offered for me to complete my project.
I would also like to thank Oxford Brookes University for this opportunity to apply for the award of Bachelor of Science (Honours) utilise Accounting.
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Research and Analysis Project, by XXX
CHAPTER 1 INTRODUCTION
(696 words)
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Research and Analysis Project, by Zheng Qin Lin
1.1
Overview
Although continuous efforts have been put in by both international and national accounting system-standard setters to improve the transparency and muddle financial statements more meaningful and easier to understand for the users, the increasing complexities of the pipeline transactions and the ever-changing business environment have do this a difficult task. A set of the financial statements of a attach to simply would not provide practically utile information for users if no further analysis is to be carried out to aid their economic decisions, and this generally demand sound accounting and financial knowledge.
One key skill of an accounting skipper is to be able to carry out the analysis of an entitys financial situation for each of the identical users, as distinguishable users have the analysis for their unique purposes. For example, the shareholders and the potential investors will be interested to know the potential returns they could get, while the lenders such as banks would rather want to know the ability of the company to have a bun in the oven both the interest and principal. The government agencies such as the landlocked Revenue Authority of Singapore and the Central Provident ancestry will be concerned about the compliance with the laws and regulations. non to forget that another important user group, the management, would be much more concerned about the effectiveness and efficiency of the companys operations.
1.2
Aims and objectives
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