Financial Statement Analysis in Accounting and Audit
Perform the financial analysis of the firm of your choice.
Critically evaluate the objectives of financial statements for different stakeholders in light of international financial reporting standards. Further, critically evaluate the position of an accountant and internal auditor in an organization. Conduct the profitability analysis of the firm and compare its results with the average results of its relevant industry. Critically conduct the balance sheet analysis of a firm and draw its comparison with other at least two firms from the same industry. Critically evaluate how a selected firm can improve its financial position in the coming years.