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Introduction: The report that I have been assigned with would be helping to clear the knowledge of IFRS and

Company Act disclosures related to the four firms, by analyzing the data, i.e. the financial statements of the firms that I have been given for the recent five years. In the report, I have been given the opportunity to analyze the data of five years of each of the four firms that I have been assigned to that is Jute Spinners, Northern Jute Manufacturing Company Limited, Sonali Aansh and Daffodil Computers. The data that has to be analyzed would be the financial statements of five years of each of the four firms, and would have to see and analyze whether the financial statements are made in accordance with the IFRS disclosures and also with the Company Act, which would be done with the help of the checklists, which had been provided by our course instructor to make our work easy. Thus, by doing this report, most of the queries would be solved, many questions would be answered and it would help me in assessing the performance of the firms in accordance with the Companys Act and IFRS, and hence would help me to comment on the performance of the firms accordingly.

Objective: The report is being made for the convenience of our understanding of the IFRS and Company Act, to assess whether the firms that I have been assigned to follows the rules and regulations mentioned in the IFRS and the Companys Act. The main objectives of the report are: To understand the IFRS and Companys Act rules and regulations that had been set to prepare the financial statements of the companies and the firms; By the realistic and practical figures and information, i.e. the use of the financial statements of the companies or the firms, we can understand the situations fully; Thus, by using this knowledge, in the future we can work more efficiently as managers, by using this knowledge.

Thus, the report would help us in developing our knowledge about the use and preparation of the financial statements of the company in the near future, and also would make us accustomed with the rules and regulations set by the IFRS and Companys Act for preparing these financial statements.

Methodology:

The information that had been collected concerning the firms had been taken from the Dhaka Stock Exchange (DSE) Library, where they had been cooperative to provide with the relevant information that I was seeking, i.e. five years financial statements of the four firms or companies that I have worked on: 1. 2. 3. 4. Jute Spinners Northern Jute Manufacturing Company Limited Sonali Aansh Daffodil Computers

Also, our course instructor, Professor Hasnan Ahmed had provided with the most important materials that had been used in preparing the analysis, i.e. the IFRS and Companys Act disclosures, which had helped in making the report fruitful and also made us aware of the rules and regulations that are needed to be followed while preparing financial statements. Thus, for these valuable materials, our work had been completed, and our content analysis regarding the firms had been done.

Executive Summary: In the report, I have tried to analyze the effectiveness of the firm, by doing the content analysis. I have used the report of the firms, i.e. each of the firms for the recent five years, of the four firms that I have been assigned with, and they are: 1. 2. 3. 4. Jute Spinners, Northern Jute Manufacturing Company Limited, Sonali Aansh, and Daffodil Computers.

Via content analysis, which is mainly based on the checklist of the IFRS and Companies Act of the country Bangladesh (had been provided to all the students of the course Corporate Reporting, by our honorable course instructor, Professor Hasnan Ahmed) I have tried to match the requirement of the checklist with the financial statements of each of the firms for the recent five years. It means that I have tried to see and analyze whether the firms that I have been assigned with works and prepares their financial statements in accordance with the Companies Act and also IFRS. In the report, there is the analysis of the firms and also the comments and recommendation, along with the soft copy of the statistics that had come to light while doing the work, which would help to understand and know better how the firms are working in the light of the Companies Act and also IFRS rules and regulations.

As it can be seen from the report that I had tried to prepare, the firms, each of them had prepared their annual financial statements in accordance with the rules and regulations that had been provided to them, by IFRS (which is BFRS in Bangladesh), and also the Companies Act, but there are changes being made from one year to the other due to the alterations made in those regulations over the years as days and years are passing. But overall a view is given, which had been tried to reflect in this report so that our work would help us to make reports in the further future, just as an efficient manager would be doing for a firm. Thus, by this report, with the help of content analysis, I have tried to express the performance of the firms, which had been reflected by various statistics, information, and workings, hoping that it would be helping to know the firms and their compliance with the rules and regulations better and would help me to make the report as much informative as possible, as can be seen by the demonstrations that I have provided here in the report.