AuditingSelect a company quoted on the UK stock exchange. Obtain, or download a copy of, the company's last annual report c - Case Study Example

Only on StudentShare

Extract of sample
AuditingSelect a company quoted on the UK stock exchange. Obtain, or download a copy of, the company's last annual report c

This report will touch on the key areas of audit risk that have heightened in the audit report for the year ending 30th April 2012. The main sources of information will be the annual report, respective audit procedures and any other relevant sources. Areas of increased risk a) Revenue Stage Couch Group’s revenues are generated from the three main divisions (continuing operations) which include Rail, UK Bus and North America as a number of joint ventures. Revenue is a key area of concern as it is used in assessing the group’s overall growth and performance (Stage Couch Group Annual report 2012). As pointed out in the company’s annual report for the year ending 30th April 2012, the overall performance was as a result of increased sales in all the three divisions. The revenue increased by 7.76 per cent in 2012 from the 2011 financial team. There are times when the management of a company may misstate the revenue with the aim of impressing investors, the top level managers or the board of directors. The group recognizes revenue share amounts payable or receivable in its income statement at the same period in which related revenue is recognized. ...Show more

Summary

Name: Institution: Professor: Date: Auditing- Stage Coach Group Stage Couch Group is an international transport company which operates trains, buses, trams, ferries and express coaches. The company was founded in 1980 in Perth; Scotland. Stage Coach Group provides smarter, greener and better value transport to over 3 million customers across the United Kingdom and North America…
Author : ole24
AuditingSelect a company quoted on the UK stock exchange. Obtain, or download a copy of, the company's last annual report c essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the case study on your topic
"AuditingSelect a company quoted on the UK stock exchange. Obtain, or download a copy of, the company's last annual report c"
with a personal 20% discount.
Grab the best paper

Related Essays

Financial Report of the Fashion Company Hermes
This paper is Hermes' financial report. Hermes history: artisans competed to produce the bulk stylish objects, facts was collective flanked by a variety of areas of know-how, a fiesta showcased our skill in numerous countries, and the Hearts and crafts film obtainable the sole profiles of our craftsmen. All of these event s completely illustrated.
11 pages (2750 words) Case Study
Risk Management of the Canadian Helicopter Company
The Canadian Helicopter company is the world's largest commercial helicopter operator. It has more than 60 years experience in the provision of helicopter services in over 30 countries, on all seven continents and in most of the major offshore oil and gas producing regions of the world.
13 pages (3250 words) Case Study
Download Movies vs Renting Movie
These downloads come in two forms, legal and illegal. Legal downloads allow for the person to avoid the line-ups at the video store and to choose what to watch from the comfort of his or her own home. This, however, has disadvantages, as a significant amount of time must be factored in so that the movie has enough time to download.
7 pages (1750 words) Case Study
Business Analysis of a Company's Failure
This is further emphasized by Bullinger, president of the Fraunhofer-Gesellschaft1 by stating that employees are a company's best assets together with their knowledge, abilities, creativity and commitment. He further asserted that the competitiveness of a business organisation is highly correlated with the company's highly trained, creative, and motivated employees.
4 pages (1000 words) Case Study
Next Plc of UK
The report was able to address the major issues of product improvement, diversification and market penetration of Next Plc. This report is a detailed examination of Next Plc of UK, which is one of the leading apparel companies in UK. The report is mainly focusing on the competitive advantage of the firm as per Kanter's new wisdom and D and W model.
14 pages (3500 words) Case Study
Case Company Report-Sony Inc
The company needs to constantly update its technology to remain in pace. Its product lines can be challenged by economic downturn and currency fluctuations. The company has always adapted measures to satisfy the interests of
5 pages (1250 words) Case Study
Investment report for Apple company
The key to have success is doing proper research of a company and its financial results. The annual statement contains lots of information about the performance of the company including its financial statements. This report will analyze the financial performance of
5 pages (1250 words) Case Study
Devise a strategy so that the NY Cheese Company can protect itself against foreign exchange risk
However, a good strategy must include a number of things for it to be effective. Firstly, is the identification of the certain risks that have an impact on the financials. Secondly, is the measurement and collection of the foreign exchange risks data that will aid in the
2 pages (500 words) Case Study
Toll Company Annual Report
The case study assignment is to be completed individually but also has an element of group work. For Parts 1-3 you must answer the questions assigned for the week (according to the Subjec t Calendar on page 15 of the Subject Guide). During the
3 pages (750 words) Case Study
Country report on the monetary policy of a central bank in the UK
Researcher contrasted the UK financial scenario during the post 2008 recessional period. Moreover, different factors like the redundancy, credit market fluctuations and inflation of cost. On the contrary, currency exchange rates will be imposed on the trading operations. In the study, researcher has emphasised on the collective demand of the currency exchange rate in the UK.
5 pages (1250 words) Case Study
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