Accounting and Finance Functions, Duties, and Roles within SKANSA PLC

Structure and Presentation Skills

1.This assignment must be submitted electronically by 2pm on the submission date

2.To submit electronically you must upload your work to the e-submission area within the Blackboard module concerned. Click Submit> Browse (find the correct file to upload)

3.You can resubmit your work as many times as you like until the deadline. If you choose to resubmit, your earlier submission will be replaced, and you will NOT receive an Originality Report until 24 hours from when the submission was made.

4.You will receive a digital receipt as proof of submission. This will be sent to your Bucks e-mail address; please keep this for reference.

5.You are reminded of the University’s regulations on cheating and plagiarism. In submitting your assignment, you are acknowledging that you have read and understood these regulations.

6.You are reminded that it is your responsibility to keep an electronic copy of your assignment for future reference.

1. Explain the structure of and terms used within the financial statements

2. Apply management accounting techniques for planning, control and decision making within the organisation

3. Calculate the main accounting ratios and explain their significance to users of financial statement

4. Demonstrate knowledge of the role of finance and accounting within the organisation with respect to both reporting and decision making aspects

The Assignment Task:

SKANSA PLC is a Construction Company based in UK. SKANSA PLC started back in 1984. The company is planning to expand its operations to other countries in Europe in the next ten (10) years. The financial statements of SKANKA PLC. are attached for your consideration and attention.

You are advised to incorporate the suggested amendments/feedback you received from the module leader during assignment briefing.

Required

You are part of the Accounting and Finance team at SKANSA PLC. Write a report to the Management of SKANSA PLC, critically evaluating the importance of Accounting and Finance functions, duties and roles within SKANSA PLC.  Your evaluation must include some examples within the Company where appropriate.                                                                                           

Using the financial statements of SKANSA PLC calculate the ratios required and comment on the company’s performance from an Investor with £1 million perspective.                                                

Marks will be awarded for Structure and Presentation skills. Structure includes the orderly presentation of relevant material. In addition, the extent of research evidenced by the appropriateness and adequacy of in-text referencing. There must be a Cover Page and Contents Page, paragraphs of Introduction, Conclusion and pages must be numbered.                                                                                                                                                 

You will obtain marks for the following:

Presentation of your work (report format, clarity of expression, referencing etc.)

The functions/roles/duties of accounting and finance team within SKANSA PLC with appropriate examples.

Interpretation and analysis of the Ratios in relation to SKANSA PLC performance.