No financial decision-maker should ever rely solely on the financial information reported in the annual report to
Question:
No financial decision-maker should ever rely solely on the financial information reported in the annual report to make decisions. It is important to keep abreast of fi nancial news. This activity demonstrates how to search for fi nancial news on the Internet.
Instructions
Search the Internet for a fi nancial-news article about Nestlé (CHE) or Delfi Limited (SGP) that sounds interesting to you and then answer the following questions.
a. What was the source of the article (e.g., Reuters, Businesswire, PR Newswire)?
b. Assume that you are a personal financial planner and that one of your clients owns shares in the company. Write a brief memo to your client, summarizing the article and explaining the implications of the article for his or her investment.
Step by Step Answer:
Accounting Principles
ISBN: 978-1119419617
IFRS global edition
Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt