BUSS 1604 Middle East College Perform Comparative Analysis Paper please read the PDF accurately it is accounting assignment Final assignment,, do it correc

BUSS 1604 Middle East College Perform Comparative Analysis Paper please read the PDF accurately it is accounting assignment Final assignment,, do it correctly and follow the instructions in the PDF thanks Financial Statements: Preparation & Analysis (BUSS 1604) – Spring – 20 – CW2 (IA-2) – All – QP
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IN SEMESTER INDIVIDUAL ASSIGNMENT-2
Module Code: BUSS 1604
Module Name: Financial Statements: Preparation & Analysis
Level: 6
Max. Marks: 100 (Weightage 50%)
Instructions to Student

Answer all questions.

Deadline of Work Proposal submission: 11/06/2020 23:59

Deadline of Final Assignment submission: 30/06/2020 23:59

scaled down to the actual weightage of the assignment which is 50% marks

Formative feedback on the complete assignment draft will be provided if the draft is
submitted at least 10 days before the final submission date.

Feedback after final evaluation will be provided by 11/07/2020
Module Learning Outcomes
The following LOs are achieved by the student by completing the assignment successfully



Explain the process of financial statements preparation, the explanatory notes and complete the
closing process in the accounting cycle.
Prepare cash flow statements using direct and indirect method.
Use ratios in analysing and describing a company’s performance and examine the liquidity,
profitability and financial leverage of the company.
Assignment Tasks
Work Proposal:
Submit a work proposal about the objectives of the assignment, details of selected
company/organization and structure of the assigned tasks.
(5 Marks)
TASK: 1
(50 marks)
Assume that you are assigned as Financial Analyst of a Corporate Company, which is listed under
Muscat Securities Market (MSM), to analyze the financial performance evaluation by following
the below mentioned instructions.
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Financial Statements: Preparation & Analysis (BUSS 1604) – Spring – 20 – CW2 (IA-2) – All – QP
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


Select a Non-Financial Company/organization listed in Muscat Securities Market
www.msm.gov.om. Chosen company should be other than Finance, banking, insurance
or Investment Company.
Download “Annual Financial Statements” (Income Statements, Balance Sheet, Cash Flow
Statements and Statement of Retained Earnings) of the selected company for last Two
Years from MSM or company’s website.
Collect additional information also such as “explanatory notes, calculation/preparation
methods etc. and other supporting data from Annual Reports.
From the financial reports and other collected information, perform the following Tasks:
A: Calculate the Following Ratios for both years:




Liquidity Ratios – Current and Quick Ratios
Profitability Ratios – Gross Profit, Operating Profit, Net Profit Margin Ratios, ROA, ROE
Financial Leverage/Gearing Ratios – Debt to Equity , Debt to Assets Ratios
Cash flow Adequacy Ratio
(Total Marks=20)
B: Perform Comparative Analysis:
Based on the above calculation results and literature review from e-resources about ratio analysis
techniques; critically analyze the liquidity profitability, gearing and CF adequacy position of the
selected company including comparison of both years with competitors in industry/market.
Support your analysis with necessary graphs, figures and literature review.
Words limit 600, Minimum 5 citations.
(Total Marks=20)
C: Recommendations:
Based on comparative analysis, apply your understanding and suggest some recommendations
to improve company’s performance in stock market and to make strategies and policies to
compete the key market players. Justify your recommendations with literature and citations.
200 words.
(Total 10 Marks)
Tasks-2
a. Compare and contrast the direct and indirect methods of Cash flow Statement
preparation. Support your answer with the examples of method (Direct or Indirect)
followed by your selected company while preparing its Cash flow statement.
b. Use the data of selected company’s current year Cash flow statement and critically
explain the differences between cash from operations, investments and financing by
breaking down all three activities and net cash flows totals.
Words limit=400.
(Total Marks=20)
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Financial Statements: Preparation & Analysis (BUSS 1604) – Spring – 20 – CW2 (IA-2) – All – QP
Tasks-3
a. Complete the online course (MOOC) “Reading Financial Statements” through following
linkhttps://courses.corporatefinanceinstitute.com/courses/learn-to-read-financialstatements-free-course and attach the image/snapshot of completion certificate with
assignment.
(Total Marks=5)
b. Based on the information and understanding from online course, write a reflection on the
following points:
i.
ii.
Explanatory Notes to three key financial statements.
Summarize and closing the process of Financial Statements Preparation
300 – 400 words.
(Total Marks=20)
Guidelines:


Total Words limit up to 1500 – 1700 words including work proposal
To be submitted only through MOODLE
1. Instructions to Students: Consolidated Evaluation Criteria, timelines and word limits:
Q. No
Deliverables
Marks
Word range
5
Max. 200
Ratios – calculations
20
Not applicable
(B)
Comparative Analysis – Review of literature about ratios used in the
calculations and the tool of ratio analysis. Liquidity, Profitability, Gearing and
CF efficiency
20
600 – 700
(C)
Recommendations – Suggestions
10
200
Compare and Contrast Cash Flow Methods (Direct & Indirect Method)
10
Difference between Cash Flow operational, investment and financing
Activities
10
300 – 400
Online Course/MOOC
5
Not applicable
b (i)
Reflection on Notes to Financial Statements
10
b (ii)
Reflection on Closing Process of Financial Statements
10
300 – 400
100
1500 – 1700
Proposal
Task-1 (A)
Task-2 (a)
(b)
Task-3 (a)
Total
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Financial Statements: Preparation & Analysis (BUSS 1604) – Spring – 20 – CW2 (IA-2) – All – QP
2. Work proposal
a. Choose ONE COMPANY from the ‘Choice’ lists given in Moodle
b. Make sure that all the data (financial statements are available for two consecutive
years) will be available to you to do the analysis on the chosen company before you
send your proposal.
c. There will be 5 marks for work proposal.
d. Word limit is a maximum of 200 – 300 words.
e. This proposal should be submitted through the turnitin link in Moodle on 11th June
2020.
f.
Work proposal template:
Name:
Company Selected
Assignment Deliverables
Tasks
ID:
Expectation
(What are you asked to do in the
task?)
Plan of Completion
(How are you going to complete the
task?)
Task 1
Task 2
Task 3
Reflection Report:
(What is expected from me and how am I going to complete it)
CU Harvard Referencing:
(provide one example of in-text citation and Reference – 1. text book, 2. website and 3. research article)
MOOC – Reading Financial Statements course
Register for the course, attempt the course and a very brief reflection of your experience attempting the online
course. This reflection is to be submitted as part of the work proposal.
3. The assignment should have cover page, table of contents, Introduction, summary and
appendices if any.
4. Appropriate references using CU Harvard style of referencing and in-text citations are
mandatory.
5. The report to follow font style Times New Roman, font size 12 and text color black.
6. Submission should be through Turnitin and is subject to plagiarism and late submission policies
of the college (Refer Student Manual)
7. Word range mentioned is exclusive of tasks related to calculations.
8. Deadline for submission is 30th June 2020.
9. A viva – voce may be conducted as per the discretion of the faculty and it carries no marks.
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Financial Statements: Preparation & Analysis (BUSS 1604) – Spring – 20 – CW2 (IA-2) – All – QP
10. Marks awarded in the assessment is provisional till it is approved by the Exam Board
Rules & Regulations:





All resources should be cited using CU Harvard style.
The final assignment must have a Title page, Table of Contents, References/ bibliography using
CU Harvard Style and page numbers.
Title Page must have Assignment Name, Module name, Session, your name, ID, and the name of
the faculty.
Softcopy in word format is to be submitted through Turnitin link on Moodle.
Upon the discretion of the faculty, students may be called for the VIVA-VOCE to check the
originality of the submitted work. Failing to appear for VIVA or to respond to the questions
asked during VIVA may lead to fail in the assessment.
Guidelines:




Assignment must be computer typed.

Font – Times New Roman

Font – Style – Regular

Font – Size – 12

Heading should be with Font Size 14, Bold, Capital and Underline.
Explain with suitable Tables/diagrams wherever required. Diagrams must be drawn using suitable
software or by pencil.
Each student has to do the assignment individually.
You can refer books in e-Library or use internet resource. But you should not cut and paste
material from internet nor provide photocopied material from books. The assignment answers
should be in your own words after understanding the matter from the above resources.
Important Policies to be followed
1. Student Academic Integrity Policy*:
MEC upholds the spirit of academic integrity in all forms of academic work and any form of violation
of academic integrity shall invite severe penalty. Any benefit obtained by indulging in the act of
violation of academic integrity shall be cancelled.
All cases of violation of academic integrity on the part of the student shall fall under any of the below
mentioned categories:
1.
Plagiarism
2.
Malpractice
3.
Ghost Writing
4.
Collusion
5.
Other cases
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Financial Statements: Preparation & Analysis (BUSS 1604) – Spring – 20 – CW2 (IA-2) – All – QP
If the student fails a module and has a proven case of academic integrity violation in this module, the
student is required to re-register the module. This is applicable to first and second offenders of
plagiarism.
1. Plagiarism
A. First offence of plagiarism
I.
If a student is caught first time in an act of plagiarism during his/her course of study in
any assignment other than project work, the student will be allowed to re-submit the
assignment once, within a maximum period of one week. However, a penalty of
deduction of 25% of the marks obtained for the resubmitted work will be imposed.
II.
Period of re-submission: The student will have to re-submit the work one week from the
date he or she is advised to re-submit.
III.
If the re-submitted work is also found to be plagiarized, then that assessment will be
awarded a zero mark. Re-submission of the work beyond the maximum period of one
week will not be accepted and the assessment will be awarded a zero mark.
B. Second offence of plagiarism
If any student is caught second time in an act of plagiarism during his/her course of study (in a
subsequent semester), the student will directly be awarded zero for the work in which plagiarism
is detected. In such cases, the student will not be allowed to resubmit the work. A warning of
suspension shall be issued, and student has to sign an undertaking and undergo counselling
session in such cases.
2. Malpractice/Ghost writing/Collusion
A. First offence of Malpractice/Ghost writing/Collusion
If a student is caught in an act of Malpractice/Ghostwriting/Collusion for an assessment
component irrespective of coursework or end semester, the student shall fail the module
and shall be required to re-register the module
B. Second Offence of Malpractice/Ghost writing/Collusion
If a student is caught a second time in an act of Malpractice/Ghostwriting/Collusion for
an assessment component irrespective of coursework or end semester, the student
shall fail the module. A warning of suspension shall be issued, and student has to sign
an undertaking and undergo counselling session in such cases.
3. Third Offence of Academic Integrity Violation
If a student is caught a third time in an act of Academic Integrity Violation for an assessment
component irrespective of coursework or end semester (in a subsequent semester), the student
shall fail the module and also shall be suspended for one semester from the College, as
recommended by institutional level academic committee, Chaired by the Associate Dean, Academic
Affairs.
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Financial Statements: Preparation & Analysis (BUSS 1604) – Spring – 20 – CW2 (IA-2) – All – QP
4. Fourth Offence of Academic Integrity Violation:
If a student is caught a fourth time in an act of Academic Integrity Violation for an assessment
component irrespective of coursework or end semester (in a subsequent semester), the student shall
fail the module and also shall be expelled from the College, as recommended by institutional level
academic committee, Chaired by the Associate Dean, Academic Affairs.
5. Other cases
If a student commits an act of academic integrity violation as per the definition of “other cases”
mentioned in the previous section or of a different nature, student’s case shall be forwarded to an
institutional level academic committee, Chaired by the Associate Dean, Academic Affairs. The
committee shall investigate the case by means of a viva and/or a disciplinary hearing and shall take
appropriate decision. The penalty that can be granted to a proven case of academic integrity violation
which falls in this category of “other cases” can be a warning/component zero/ module
fail/suspension/expulsion depending on the nature and gravity of the offence.
6. Types/Variations of Cases:
I.
II.
III.
IV.
If plagiarism is detected in any component of one assessment, the deduction in marks will be
applicable for the whole assessment, even if only the component or part submission alone needs
to be resubmitted.
If plagiarism is detected in a group assessment, all students of the group will be considered as
having committed an act of plagiarism and the policy will then be applied to all students
If plagiarism is detected in any component of a group assessment, the deduction in marks will be
applicable for the whole assessment even if only the component or part submission alone needs
to be resubmitted.
All students of the group would be considered as having committed an act of plagiarism and the
policy will then be applied to all the students of the group.
If the assessment consists of components or part submissions that could be a group assessment
component (e.g. group assignment) and an individual assessment component (e.g. individual
reflection), the following will be applicable:
a.
If plagiarism is detected in the group assessment component, all students of the group
will be considered as having committed an act of plagiarism, The policy will then be
applied to all students of the group. Group assessment component will be resubmitted
as per the policy.
b.
If plagiarism is detected in the individual assessment component, the individual
assessment component will be resubmitted and the policy will then be applied to that
student alone.
c.
For both (a) and/or (b), the deduction in marks will be applicable for the whole
assessment.
* For further details Refer to MEC Student Academic Integrity Policy in Student Handbook.
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Financial Statements: Preparation & Analysis (BUSS 1604) – Spring – 20 – CW2 (IA-2) – All – QP
2. Late Submission Regulations:
It is the students’ responsibility to check all relevant timelines related to assessments.
As per the Assessment Policy at MEC, late submissions are allowed for one week (5 working days)
for all UG modules with a penalty. In such cases, a deduction of 5% of the marks obtained for the
submitted work shall be imposed for each working day following the last date of submission
till the date of actual submission. Assessment documents submitted beyond a period of one
week (5 working days) after the last date of submission will not be accepted and will be awarded
a zero for that assessment. In cases where the submission has been delayed due to extenuating
circumstances, the student may be permitted to submit the work without imposing the late
submission policy stated above. The extended period of submission will be one week from the
original last date of submission. In such cases, the student is expected to submit the supporting
certificates on or before the original last date of submission of the assessment and the decision
of extension rests with faculty responsible for the assessment .The late submission policy shall be
applied if the student fails to submit the work within one week of the original last date of
submission.
Students may contact their teachers for clarification on specific details of the submission time if
required.
3. Research Ethics and Biosafety Policy
To protect and respect the rights, dignity, health, safety, and privacy of research subjects involved
including the welfare of animals and the integrity of environment, all student projects are
expected to be undertaken as per the MEC Research Ethics and Biosafety Policy. Accordingly the
following shall apply.

Research and other enterprise activities shall be conducted by maintaining the high ethical
standards consistent with national and international standards and conventions.

Any research at MEC that is categorized as high-risk research shall be subject to review and
approval by the Research Ethics and Biosafety Committee.

Research activities involving collection of human or animal tissues and manipulation of microbial,
animal or plant cells shall be subject to review and approval by the Research Ethics and Biosafety
Committee.

Participants involved in research must be informed about the purpose of research and intended
uses of research findings. Written consent must be obtained from people involved prior to the
commencement of research.

Data obtained from participants must be treated with high confidence and should be used only
for the intended purpose of research.
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Financial Statements: Preparation & Analysis (BUSS 1604) – Spring – 20 – CW2 (IA-2) – All – QP
Assessment Evaluation Criteria
CW2 – Individual Assignment 2 – Financial Statements Preparation & Analysis – BUSS 1604 – Spring 2020
Criteria/Grade
For a mark of >70% For a mark of 60- For a mark of 50- For a mark of 40- For a mark of 40%
69%
59%
49%
TASK 1: Ratio Analysis
Work Proposal
Outstanding
understanding is
exhibited with
excellent
explanations of the
deliverables
Good
understanding is
exhibited with
good explanations
of the deliverables
Acceptable
understanding is
exhibited with
acceptable
explanations of the
deliverables
Adequate
understanding is
exhibited with
adequate
explanations of the
deliverables
Poor understanding is
exhibited, and may not be
able to get a pass in the
assignment with this
understanding.
Outstanding
application of
numeracy skills and
excellent ability to
apply the tools.
Clear application of
numeracy skills and
ability to apply the
tools.
Acceptable
application of
numeracy skills and
ability to apply the
tools.
Adequate
application of
numeracy skills and
reasonable ability
to apply the tools.
Made an attempt to apply
numeracy skills and little
or no ability to apply the
tools.
1A-Calculate the Following
Ratios: -Liquidity Ratios –
Current and Quick Ratios.
Profitability Ratios – Gross Profit,
Operating Profit, Net Profit
Margin Ratios, ROA, ROE.
Financial Leverage /Gearing
Ratios – Debt to Equity, Debt to
Assets Ratios. Cash flow
Adequacy Ratio. (Detailed
calculations for 2 years)
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Financial Statements: Preparation & Analysis (BUSS 1604) – Spring – 20 – CW2 (IA-2) – All – QP
1B- Comparative Analysis – Review
of literature about ratios used in the
calculations and the tool of ratio
analysis. Liquidity, Profitability,
Gearing and CF efficiency.
1C- Recommend…
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