Turn to the annual report of a listed company that you have used for activities in previous

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Turn to the annual report of a listed company that you have used for activities in previous chapters. Find every item of information about current liabilities. (Start with the financial statements and notes but also look at the strategic report, including the chief executive’s review, and other non-regulated information about the company.)

Divide into two groups. One group should take on the role of the purchasing director and one should take on the role of a company that has been asked to supply goods or services to this company on credit terms.

Supplier group: What questions would you ask to supplement what you have learned from the annual report?

Purchasing director: What questions would you ask about the supplier? What might you learn about the supplier from the annual report of the supplier’s company?

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Financial Accounting

ISBN: 9781292244471

8th Edition

Authors: Pauline Weetman

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