Reflection on Beacon Lighting Financial Ratio Analysis Before understanding what accounting really means, my commonsense approach was to look at a firm’s profit and sales in its financials and see if they were increasing year by year. If so, great, right? Well, as I’ve progressed through my studies, I’ve learned that this question isn’t asContinue reading “Assignment 2 – Step 3 Ratios Commentary.”
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Beacon Lighting
Assignment 1 Step 3 Website: Beacon Lighting – Lights, Fans and More Annual Report 2024: BLX-Annual-Report-FY2024.pdf Beacon Lighting Group Limited is Australia’s leading specialist retailer of lights, ceiling fans, and globes. Founded in 1967, the company has grown to operate over 126 stores across Australia, with a presence in international markets including New Zealand, HongContinue reading “Beacon Lighting”
Understanding the past.
Assignment 1- Step 6. Chapter 4 emphasises the importance of understanding a firm’s past to gain insights for predicting its future. Reflecting on my studies over the past year, i sometimes wonder if have i done enough? Have i learned enough to completely change my career path? To answer this, i am about to embarkContinue reading “Understanding the past.”
Assignment 1- Step 2
Assignment 1 Step 2 Chapter 2 – How a firm adds value Carrying on from last week, I’ve heard Martin mention a few times that accounting is more than just numbers. I find that somewhat amusing because, from the outside, people often perceive it as exactly that, just numbers! I remember my sister suggesting, whenContinue reading “Assignment 1- Step 2”
Updated Steps 7-10
Step7-9
Step 4-5 Excel
Step 4
Step 4 Practising the recording process. I really enjoyed doing this exercise as it was not only participating and learning how to formulate a chart of accounts, but also turning these items and preparing my own income statement. A few years back, my wife and I began budgeting, by working out what we could spendContinue reading “Step 4”
Step 3 ACCT 11059
ASSIGNMENT 1 STEP 3 ACCT-11081 My Company GR Engineering Services Website: https://www.gres.com.au/ Annual Reports: 2019, 2018,2017 Seeing my company for the first time, it did not fill me with too much excitement. My first thoughts of engineering and mining is that it is a technical and a broad industry and one that I do notContinue reading “Step 3 ACCT 11059”
ACCT13017 