The TMA Questions Financial Reporting on the Internet (Case study: Philips You can directly access the annual report on the below link and download 2020 annual report in PDF format: Philips Annual Report 2020 | Philips Results Instructions Use the 2020 Annual report of Philips 10 answer the following questions: Stakeholders can affect or be affected by the organization's actions, objectives and policies. Discuss at least two types of stakeholders and give examples from the Philips annual report to justify your answer. Also explain the reason of their interest in the financial statements Marks (Words 104300) As you learned in Unit 1. Session 3, the major environmental factors impacting on an organization can be grouped under four leading political/legal, economic socialdemographic and technological (PEST analysis) Giving examples from the annual report discuss the impact of each of the elements in the PEST analysis on Philips [ Marks (Words: 10(300) In which category of users or stakeholders do you think the following fit from the Philips Annual report 2020? Frans Van Houten Audit & Risk committee Emts & Young LLP Marks (Words 10650) IAS 16 Property, plant and equipment identifies and describes two different models of accounting for tangible non-current assets. Discuss the importance of these two models and Identify the depreciation methods used by Philips [Marks (Words 10/100) sin preparing financial statements in accordance with IFRS, there are certain accounting policies that may require a judgment or estimation in their application. Give examples of Philips estimates and assumption reported in consolidated financial statements. Marks (Words 10/1001 It is important to classify the expenditure separately in the field of accounting because of their nature of expenditure as revenue and capital expenditures. Identify the difference between revenue expenditure and capital expenditure and provide the example from Annual report of Philips for