The following case involves financial analysis of Ubisoft Entertainment SA and its subsidiaries ("Ubisoft" or "the Group"). Ubisoft is a French corporation with its corporate headquarters in Montreuil sous Bois, France (a suburb of Paris). The Group's business activities are centered around production, publishing and distribution of video games for consoles, the PC, smartphones and tablets in both physical and digital formats. This case involves the analysis of French reporting standards and Ubisoft's business strategy, accounting policy and financial performance. Requirements Part I - Reporting Format A. Beginning in 2001, France has required companies to disclose information in their annual reports about measures taken to account for environmental and social impacts of their activities (see the reading Week 6 - Sustainability reporting (skim) in D2L for more information). Discuss the corporate social responsibility reporting ("CSR") section, addressing questions such as: 1) Do you think CSR is beneficial to understanding the Group, its competitive strategy, its operations and its future prospects? 2) Are there other valuable aspects of CSR? 3) Are there negative aspects of such reporting? What do you think about the CSR being presented prior to financial results (does this imply that it is more important)? B. What is your overall impression of IFRS reporting? Do you find the level of detailed Group information beneficial or is too much information presented? Does the level of detail required disclose too much Group information so as to possibly harm the Group, or do you believe more information is needed? (Please provide a brief response - maximum half page.) A. Beginning in 2001, France has required companies to disclose information in their annual reports about measures taken to account for environmental and social impacts of their activities (see the reading Week 6 - Sustainability reporting (skim) in D2L for more information). Discuss the corporate social responsibility reporting ("CSR") section, addressing questions such as: 1) Do you think CSR is beneficial to understanding the Group, its competitive strategy, its operations and its future prospects? 2) Are there other valuable aspects of CSR? 3) Are there negative aspects of such reporting? What do you think about the CSR being presented prior to financial results does this imply that it is more important)? B. What is your overall impression of IFRS reporting? Do you find the level of detailed Group information beneficial or is too much information presented? Does the level of detail required disclose too much Group information so as to possibly harm the Group, or do you believe more information is needed? (Please provide a brief response - maximum half page.)
