Refer to the latest financial statements for JB Hi-Fi Ltd (the notes to the 2011 consolidated financial
Question:
Refer to the latest financial statements for JB Hi-Fi Ltd (the notes to the 2011 consolidated financial statements of JB Hi-Fi appear in the appendix to this book and the statements are available at www.jbhi.com.au). For each of the following stakeholders, give an illustration of a report or a note that would be useful for decision-making purposes, state why the information is useful, and give an example of how that information would be used.
a. JB Hi-Fi Ltd's shareholders
b. Australian banks
c. Customers purchasing phones and cameras
d. Employees of JB Hi-Fi Ltd.
e. Financial analysts
f. Deloitte (auditors)
g. Australian environmental groups
Financial Statements Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...Stakeholders A person, group or organization that has interest or concern in an organization. Stakeholders can affect or be affected by the organization's actions, objectives and policies. Some examples of key stakeholders are creditors, directors, employees,...
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a JB Hi Fi Ltds shareholders All financial statements auditors report and directors report This information would be useful to help them assess the pe...View the full answer
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