Contents
Company Overview 3- Risks faced by Tesco 3
- Financial Risks 5
- Strategic Financial Performance of Tesco 7
- Change in Budgeting 8
- Working Capital and Financing Decisions 9
- Investment Decisions and Financial Risks 10
- Impact of Earnings Management and Transfer Pricing 10
- Strategies Implemented to Mitigate Risk 11
- References 14
- Bibliography 14
- Appendix 15
Description
This paper is based on the following requirement -
Select one of the following supermarket chains:
• Tesco
• Sainsbury’s
• Asda
• Morissons •
Find its annual review (the information required is publicly available in the internet - usually under the “Investors” area in companies’ webpage). You are required to:
critically evaluate the various types of risks faced by your chosen firm on the global scale and the strategies they use to manage such risks
Apply appropriate Management Accounting or/and Financial Management tools and techniques to your chosen organization in order to achieve a greater level of effectiveness in strategic analysis, planning and control, both in the long and short term.
In answering the above question you might want to analyse and comment on the strategic financial position of your chosen firm based on the following:
the company’s financial performance; use basic performance and Financial Statement analysis to explain your results.
the budgeting on your chosen firm.
the working capital and financing decisions of the firm.
the investment decisions and the potential financial risk(s) of the firm.
how Earnings Management and transfer pricing could affect the quality of the
financial information.
