Question
Based on the organisation Flour Mills Of Fiji (http://www.fmf.com.fj/about-fmf/for-investors/annual-reports/) , (http://www.fmf.com.fj/about-fmf/for-investors/), review the information from the organisations website and annual reporting terms of fulfilling the
Based on the organisation Flour Mills Of Fiji (http://www.fmf.com.fj/about-fmf/for-investors/annual-reports/) , (http://www.fmf.com.fj/about-fmf/for-investors/), review the information from the organisations website and annual reporting terms of fulfilling the objectives of general purpose financial reports, according to the Conceptual Framework and the international accounting standards (IAS). Include in your discussions the following: describe the organisations mission, describe the organisations strategy, and core business operation identify the key financial and other reports disclosed by the organisation identify the organisations main external users; and discuss and evaluate, how the general purpose financial reports and other information thats disclosed,effectively influences the users decision-making. b) Based on your evaluation in (a), indicate in your opinion, the extent to which the strategies have been implemented, and make any two (2) recommendations concerning additional areas (with some examples) that your organisation could include in their annual report, to meet the users needs.Students are expected to think critically and recommend improvements in the reporting of relevant and faithful representation of information. c) Finally, comment on the relevance and usefulness of the information that you find in your organisation, in relation to your theoretical knowledge on assets, liabilities, equity, income and expenses, as learnt in the course.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started