B291 Financial Accounting

B291 Financial Accounting

B291 Financial Accounting
Question
Answered

Part A 

1.The Efficient Market Hypothesis, known as EMH in the investment community, is one of the underlying reasons investors may choose a passive investing strategy. 

Required:

1.What is meant by EMH? Explain why efficiency is important for you as a potential investor.

2.Briefly discuss the forms of market efficiency. Which market efficiency assumed to exist?

2.For recording assets, the IASB Framework lists a number of different measurement bases which are employed in different degrees and in varying combinations in financial statements. Discuss these bases with examples. 

Part B 

Case Study: PHILIPS

Access the PHILIPS home page and download the annual report of PHILIPS 2019 or You can directly access the annual report on the below link: 

https://www.results.Philips.com/publications/ar19  And Download PHILIPS Annual reports and Accounts 2019.

Instructions 

Use the 2019 Annual report of PHILIPS to answer the following questions:

1-Business organizations can be classified into different legal forms. List and briefly explain the different forms of business organizations. Identify under which category of business organization the PHILIPS bank falls, support your answer from the annual report of PHILIPS 2019.

2-The process of determining the monetary amount at which the elements of the financial statements are to be included in the balance sheet and income statement is called measurement. The IASB Framework includes the four bases of measurement. Explain these four bases of measurement with example. Identify that which measurement bases is used by PHILIPS in preparing their financial statements?

3-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 for PHILIPS and describe the depreciation methods used by PHILIPS.

4-The sources of company finances may be various and complicated. Equity capital is the main source of company finances, what are the different types of share capital, explain. Also identify the different forms of share capital from annual report of PHILIPS.  

5-Explain why the going concern basis is important in understanding PHILIPS financial statement; Support your answer with evidence from PHILIPS annual report.

6-Balance sheet can be prepared in vertical, net asset and horizontal format. What is the difference between these formats? Which format has been adopted by PHILIPS and what is the underlying assumption? Provide evidence from annual report.

7-What is meant by investor ratio? Explain the dividend payout ratio and earning per ratio, compare these ratios from 2018 to 2019 from annual report to PHILIPS.

8-Write the summary on the financial position of Philips. Your summary should include the main financial data of the company.

Our Essay Writing Service Features

Qualified Writers
Looming deadline? Get your paper done in 6 hours or less. Message via chat and we'll get onto it.
Anonymity
We care about the privacy of our clients and will never share your personal information with any third parties or persons.
Free Turnitin Report
A plagiarism report from Turnitin can be attached to your order to ensure your paper's originality.
Safe Payments
The further the deadline or the more pages you order, the lower the price! Affordability is in our DNA.
No Hidden Charges
We offer the lowest prices per page in the industry, with an average of $7 per page
24/7/365 Support
You can contact us any time of day and night with any questions; we'll always be happy to help you out.
$15.99 Plagiarism report
$15.99 Plagiarism report
$15.99 Plagiarism report
$15.99 Plagiarism report
$3.99 Outline
$21.99 Unlimited Revisions
Get all these features for $65.77 FREE
Do My Paper

Frequently Asked Questions About Our Essay Writing Service

Academic Paper Writing Service

Our essay writers will gladly help you with:

Essay
Business Plan
Presentation or Speech
Admission Essay
Case Study
Reflective Writing
Annotated Bibliography
Creative Writing
Report
Term Paper
Article Review
Critical Thinking / Review
Research Paper
Thesis / Dissertation
Book / Movie Review
Book Reviews
Literature Review
Research Proposal
Editing and proofreading
Other
Find Your Writer

Latest Feedback From Our Customers

Customer ID:  # 678224
Research Paper
Highly knowledgeable expert, reasonable price. Great at explaining hard concerts!
Writer: Raymond B.
08/10/2021
Customer ID: # 619634
Essay (any type)
Helped me with bear and bull markets right before my exam! Fast teacher. Would work with Grace again.
Writer: Lilian G.
08/10/2021
Customer ID: # 519731
Research Paper
If you are scanning reviews trying to find a great tutoring service, then scan no more. This service elite!
Writer: Grace P.
08/10/2021
Customer ID: #499222
Essay (any type)
This writer is great, finished very fast and the essay was perfect. Writer goes out of her way to meet your assignment needs!
Writer: Amanda B.
08/10/2021
Place an Order

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00
×

Powered by essayworldwide.com

× WhatsApp Us