First day at Uni

I must confess I have spent more time learning how to use this blog than working my own assessment. I have found this quite complicated.

On the other hand, I have read some of my classmates’ profiles and I am quite impressed about the amount of working mums who have decided to get a degree, you all inspire me.

The best for you!

Karem

 

 

 

 

 

 

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Step 3-5 draft 1-China Beidahuang Industry Group Holdings Ltd

 

Hi all

Please find below the link to my spreadsheet I would appreciate your feedback.

karem-villagran-steps-3-4 draft

Step5 TRIAL_draft 3

My company:

China Beidahuang Industry Group Holdings Ltd

It seems that China Beidahuang Industry Group Holdings has explored the diversification as a strategy being involve in five segments being wine making the principal one.  The first segment is wine and liquor sales and distribution. The second one is related to “green food” product which means that they offer a wide range or nutrients being low in saturate fat and sugar and salt. In this category is retailing of staple food, cooking oil, alcohol, beverage and other food part it. The third in related to animal feed involving in the production and sales of forage. The logistic warehouse is the fourth segment engaged on the leasing of logistic facilities and finally the money segment involves in the provision of money lending services.

It was quite difficult find the annual reports required for the assessment as the website which is the the principal and primary tool information collection is quite limited, no-conventional and contradictory under another name “Irasia”.

Website: http://www.irasia.com/listco/hk/chinabeidahuang/

Link for annual reports: http://www.irasia.com/listco/hk/chinabeidahuang/annual/index.htm

Stock Code: 00039

Having a first glance at my company it seems that the company has been able to increase profits by reducing costs. Developing the spreadsheet the first thing that caught my attention was the significant increase of profit from 2016 to 2018. Having a look at the annual report it is explained that the organisation explored the mineral area with satisfactory results.

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Assessment 2 Steps 7-9

Hi all

I have not finished my Word document yet so I have notes all around my spreadsheet. Your feedback is really appreciate.

Step 7: Ass 2 Part 7 Draft 3

Step 8-9: Ratios V001

Feedback sheet courtesy of Maddie:  Peer feedback sheet – ASS#2 Step 10

Thanks in advance

Karem

 

FEEDBACK FOR STUDENTS

1.Bronte Swift

Feedback FEEDBACK FOR BRONTE SWIFT

Spreadsheet Bronte Swift Spreadsheet

2. Rebecca Nielsen 

Feedback FEEDBACK FOR REBECCA NIELSEN

Spreadsheet rebecca-nielsen-s0011273-company-spreadsheet-2017-step-7-10

3. Sarah Wells

Feedback FEEDBACK FOR SARAH WELLS

Spreadsheet Sarah Wells spreadsheet

 

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Restating my Financial Statement-First Draft

Hi all

Finally I have finished my first draft.

I found this task quite difficult and I have to use Google most of the time to look for the meaning of  most of the concepts that I already looked for when I was doing  my Financial Statement and for some reason they don’t stick in my head.

Balance sheet

I started with the balance sheet as I though will be the easiest one. Doing this statement I experience problems with two things.

1- How to classify “assets classified as held for sale”. At the beginning I thought they were operational assets but after a research I concluded they are financial assets. Why? In simple words, I cannot use these assets in operation anymore.

2- Cash distribution. As my company has a considerable amount of cash I had to do the distribution. I decided to allocate 1% to operating assets and the rest to financial assets. At the beginning I was quite confusing and I used the revenue. Finally I realised I should use the I should use the rendering of services.

Financial Performance 

The most difficult task here was to wrap my head about the tax concept. My company paid in total 18.5 millions in taxes. However, I needed to figure out  how much of that amount paid was related to each activity (financial or operating). Doing the exercise helps me understand the concept read on Chapter 4  more revenue, more taxes.

Movements in Equity

In this case Amy’s example was not very useful as my  statement is totally different. Here my principal weaknesses was my poor and limited accounting vocabulary. I had to check each concept such as hedging reserve or capital redemption reserve over and over to understand what kind of activity was.

Please find attached my spreadsheet and the feedback sheet.

S0218661_Spreadsheet_Restated – Final (First Attempt-unsuccessful)

S0218661_Spreadsheet_Restated – Final2 (Fourth Attempt-unsuccesful)

Feedback sheet

Restating my financial statement Part 5 – Revenge.

After my fifth attempt  I finally got the numbers balanced.

Please find my spreadsheet below:

Restatment – for final review – V00– Please use this version for revision (Feedback)

Issues and Concerns

Feedback sheet

Thanks in advance

Karem

Feedback Provided

1. Feedback for Katrina Brown

Spreadsheet formation-group-Katrina

Feedback Feedback Katrina Brown

2. Feedback for Heidi McCormick

Spreadsheet Heidi McCormick

Feedback Heidi McCormick

3. Feedback for Kristy Taylor Smith

Spreadsheet Kristy Taylor Smith

Feedback Kristy Taylor-Smith

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