To: Elizabeth Bruce – Line Manager

From: Charvin Ebanja – Accountant

Date: 7 November 2002

Subject: Introduction and discussion of Directors (Pentium plc) concerns about the use of published financial statements for evaluating the success of a company. You should discuss the purpose of financial statements for various stakeholders. You should also discuss the impact the different accounting policies have on the final published figures.

The company we have chosen to focus on is the Selfridges Group plc. In this report we will look at the published financial statements to analyse their financial performance and positioning. We will also focus on the objectives, limitations and users of financial statements. As well as the how the various accounting policies impact on these statements.

Before discussing directors concerns we must look at the objectives of the financial statements. The ASB states in their statement of principles, that the objective of financial......

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Title: Corporate Reporting
Approximate Word Count: 2701
Approximate Pages: 11 (250 words per double-spaced page)

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