Financial Reporting Analylis: French Connection Group PLC. - Essay Example

Extract of sample
Financial Reporting Analylis: French Connection Group PLC.

They specialize in fashion clothing and accessories for men, women and children as well. Apart from the French Connection brand, the group is also responsible for these international brands: YMC, Great Plains and Toast. French Connection remains the biggest contributor to their profits, bringing in more than 90% of the group’s revenues. Question 3: List the names of the members of the Board of Directors, showing the split between executive and non-executive directors. The French Connection PLC Board of Directors is made up of 3 executive Directors and 2 non-executive ones. Their details are as follows: Executive Directors: 1. Chairman and Chief Executive- Stephen Marks 2. Finance Director- Roy Naismith C.A 3. Operations Director- Neil Williams A.C.A Non-Executive Directors: 1. Claire Kent 2. Dean Murray Question 4: What does the report say about the duties of the Audit Committee?  The Annual Report of French Connection Group PLC outlines many duties of the Audit Committee. These are: 1. appointing an external auditor, 2. deciding the audit fee, 3. dealing with matters relates to resignation or discharge of the external auditors, 4. discussing the following issues with the external auditors before the commencement of the audit a. nature and scope of audit b. the cost-effectiveness of the audit c. the objectivity and independence of the external auditor, 5. reviewing any audited accounts in relation to: a. ...Show more

Summary

FINANCIAL REPORTING ANALYSIS: FRENCH CONNECTION GROUP PLC. REPORT AND ACCOUNTS TO 31 JANUARY 2011 Instructor University Financial Reporting Analysis: French Connection Group PLC Part A Question 1: What is the name of your company?…
Author : xavierferry
Save Your Time for More Important Things
Let us write a custom essay on your topic
"Financial Reporting Analylis: French Connection Group PLC."
with a personal 20% discount.
Find out more

Related Essays

Financial statements of a company
This paper will therefore discuss as to whether the financial accounts are prepared to enable shareholders to actually monitor the stewardship of managers or not. The debate of whether the financial statements of a company provide an opportunity to shareholders to assess the stewardship of the managers should be based upon the notion of whether this should be sufficient objective.
6 pages (1500 words) Essay
Financial Performance Analysis of Fuller Smith and Turner Plc Group
The ratios can be divided into various categories such as profitability, gearing and liquidity, each focusing on a different area of the financial outlook of the organization and highlighting the company’s performance. These analysis form an integral part of the financial statement analysis, especially from the investors point of view, who always strive to invest in countries having strengthen and stabilizing financial ratios and representing an upward trend.
11 pages (2750 words) Essay
I - Financial Reporting: SABMiller PLC
The company has its operations in more than 75 countries with about 70,000 employees. The company is listed on London Stock Exchange. SAB Plc has changed its name to SabMiller Plc after acquiring Miller Brewing Company. The growth of the emerging economies with increasing disposable income of the middle class augurs well for the development of the business.
16 pages (4000 words) Essay
Winners and Losers in the Arguments for Free Trade
Winners and Losers in the Argument for Free Trade. Free trade can be defined as the ability of most countries to either export or import without any regulatory or government restraints. Economists posit the fact that free trade leads to the increase of trade and productivity among countries via decreasing various barriers to trade.
4 pages (1000 words) Essay
Financial Analysis of Burberry Group Plc

This report shall carry out a financial analysis and equity valuation of Burberry Group Plc using information from its financial statements for the four-year period ended on 31st March 2012. The researcher analyzes the importance of income statement vis-à-vis that of the balance sheet as the primary financial statement from the perspective of an equity investor.

14 pages (3500 words) Coursework
Financial Reporting
Further to the concepts, there are other rules that guide the reporting that is known as the International Accounting standards which are slowly being replaced by the International Financial Reporting Standards. In the financial statements of Next PLC, sales increased by 3.1% as well as a growth in profit which grew by 9%.
6 pages (1500 words) Coursework
Financial Statement Analysis:The Berkeley Group Holdings plc (BKG)
million   Revenue 1,372 100.00% 1,041 100.00% 742 100.00% Cost of Sales 969 70.63% 745 71.57% 533 71.83% Gross Profit 403 29.37% 295 28.34% 209 28.17% Administrative Expenses 123 8.97% 99 9.51% 73 9.84% Profits/losses arising on property 0 0.00% 30 2.88% 0 0.00% Operating Profit 280 20.41% 226 21.71% 135 18.19% Post-tax of Joint ventures -1 -0.07% 2 0.19% 2 0.27% Finance income 1 0.07% 2 0.19% 10 1.35% Finance cost 9 0.66% 11 1.06% 11 1.48% Profit before tax 270 19.68% 214 20.56% 136 18.33% Taxation 61 4.45% 56 5.38% 41 5.53% Profit for the year 209 15.23% 158 15.18% 94 12.67% The Berkley Group UK         Common Size Balance Sheet         As at April, 30 2013 2012 2011 Assets    
6 pages (1500 words) Essay
FINANCIAL REPORTING
The study provides the details financial analysis of the company. In the case study the financial and operational evaluation of the company in questions has been undertaken. For the purpose of operational capability of the company, its corporate strategy has been analyzed in addition to the competitive environment and other risks to which it is being exposed.
14 pages (3500 words) Assignment
Individual Reflection: Blueprint for Professional and Personal Growth: Your Future as a Manager
lping me develop the conception that the financial health and the financial outcome of the company must be something that is prioritized between stockholders and management alike. This means that the concern of all stakeholders must be served equally and thus evenly distributed
4 pages (1000 words) Assignment
a2 Assignment 1: Annual Report Project
It additionally runs 775 comfort stores under brand names, for example, Quik Stop and Kwik Shop. It utilizes 334000 representatives and is at present evaluated 23 in Fortune 500 and 82 in the Global 500 (Kroger Company,
2 pages (500 words) Coursework
Find out how much would it cost
to get a custom paper written by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT