University : RMIT University UniLearnO is not sponsored or endorsed by this college or university.
Subject Code : BSBFIA501
Country : Australia
Assignment Task:

Criteria – questions 
Financial Report 1: What short term strategy should the company adopt to increase the net profit by 30%? 
a) Increase revenue drive by the expansion to Europe. Which countries should they expand to and why? You must research and consider factors such as average GDP per capita and GDP growth rate to justify your recommendations. You MUST include at least one (1) graph in your report that supports your recommendation (i.e. GDP growth etc). You should use evidence and analysis to demonstrate how much percent of the 30% profit increase can be achieved by revenue growth of the European expansion. 
b) Examine the key cost lines that you can reduce (hint: the largest ones) to achieve a 30% profit increase on the income statement and give reasonable recommendations on how to achieve those cost reductions. You should use evidence and analysis to demonstrate how much percent of the 30% profit increase can be achieved by cost reductions. (minimum 250 words for tasks a & b). 
c) Analyse the cost saving percentage for each cost line, and the revenue to provide a financial analysis of how this will increase the net profit by 30% (minimum 200 words) 

Financial Report 2: Business Structure 
Is the current private company business structure the most efficient and most suitable to this sort of enterprise? Make a recommendation on whether the organisation should become a public company in order to gain extra capital to fund their proposed expansion to Europe. It is part of the C-COR’s workplace policies and procedures that you must consider the relevant IFRS standards (hint: IFRS 8) that may be applicable. Please research and analyse the standards and comment on C-COR’s compliance with them (minimum 100 words) 

Advise on the current format and structure of the Profit and Loss Statement and whether it is in line with 
Australian reporting and statutory requirements. It is part of C-COR’s workplace policies and procedures that students must check their compliance to the relevant IFRS and AASB national standards (hint: AASB 101). Students must explain how these codes of practice and standards affect international business operations. 
a) List the appropriate IFRS standards (at least two) that C-COR must comply with. 
b) You MUST compare the Profit and loss Statement then identify and comment on whether C-COR meets the standards from their organizational policies and procedures for compliance, especially when considering its European expansion (minimum 100 words for tasks a & b). Students MUST also explain how the recording of income and expenditure should be completed to ensure compliance. 

Part B – Short Presentation 
You are to prepare a short 2 – 3-minute oral presentation based on their review findings. Your presentation must address the following questions: 
1. What were the top 2 issues identified for increasing costs? (Q1 of part A) 
2. How did/ would you resolve and/ or refer these issues for resolution? (Q2 of Part A)

3. Which country would you have chosen for expansion to Europe, and why will this country better enhance C- COR’s effectiveness in terms of revenue growth and general direction and control (Q3a of Part A) 
4. What are the key areas of cost that you would reduce to enhance the effectiveness and efficacy of C-COR’s international business activity?
 

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  • Posted on : April 17th, 2019
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