Assignment 2: Key Value Drivers & Valuation Step 1 Chapter 5 ‘Predicting the Future’ Forecasting a firm’s economic profit requires forecasting of return on net operation assets (RNOA), the required rate of return on operations (WACC), and net operating assets book value (NOA). Economic profit uses the same elements as free cash flow (FCF). So … Continue reading ACCT13017 Financial Statement Analysis
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ACCT13017 Assessment 1 Steps 5 and 6
Step 5: Restating income statement and balance sheet I found it quite easy restating my financial statements and only required to look up the notes of my annual reports a couple of times. I did find myself going between operating and financial income when it came to the exchange differences on translating foreign controlled entities. … Continue reading ACCT13017 Assessment 1 Steps 5 and 6
ACCT13017 Assessment 1 – Step 3 (UPDATED)
My firm, Academies Australasia Group Limited, deliver tertiary education and training and offer more than 180 qualifications across Australia and Singapore. They have been operating for over 112 years, and although I have never heard of them, they seem to deliver quality education to students. They operate 18 colleges under different names with each college … Continue reading ACCT13017 Assessment 1 – Step 3 (UPDATED)
ACCT13017 Term 1 2024
Well it's been a while since I started my degree journey at CQU. I started studying in Term 3 2018 which, at the age of 44, was a huge struggle for me. My two girls are grown up now (25 and 19) so it does make studying a whole lot easier for me - although … Continue reading ACCT13017 Term 1 2024
Steps 7 to 10 Draft
I have still got a little bit of work to do on Step 10, but I would really appreciate any feedback on my assignment. Please find the link below: Mandy's Draft Steps 7-10
Step 5:
This step has been a great learning experience on how financial statements really work. I am still working through the balancing part of my trial balance but I feel I am getting there. I just need to come back to it when I have a clearer mind and am not bogged down with other things. … Continue reading Step 5:
Step 4:
The task of creating my own Income Statement has been one of reflection. I have realised that as a family we spent a lot of money at the V8 Supercars when they came to Townsville and we also spend a lot of money on groceries each month. I feel lucky in the fact that there … Continue reading Step 4:
Assignment 2 Step 3
Well I actually finished step 3 earlier than what I should have after following each week in moodle! I didn't realise it wasn't due at the time and wondered why step 1 was taking me so long. I was also hoping to have this available for feedback before now but life gets in the way … Continue reading Assignment 2 Step 3
Assignment 2 – Step 2 I’m still going
Ok so I have been going over and over chapter 6 and feel that I have finished this step. It's still a struggle but I'm happy with what I have written. Any feedback would be great. Step 2: Chapter 6: Understanding key cost relationships The concept of linking a company’s costs to cost objects as … Continue reading Assignment 2 – Step 2 I’m still going
Assignment 2 – Step 2
I have found that I really struggle to express what I am reading and how it makes me feel. Also, the key concepts and questions I thought I had a handle on but going by my marks this is something I am still trying to figure out. My draft for step 2 is on the … Continue reading Assignment 2 – Step 2
Mandy's blog 