​Finance, Accounting and Banking​, Individual assessment​

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Finance, Accounting and Banking, Individual assessment, APA,12 Sources, 2100 words

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l vodafone AU 4G 43% 5:23 pm moodle.koi.edu.au III Task Details: This assignment requires a consideration of accounting theory concepts with critical analysis with application to General Purpose Financial Reporting by corporations. Students are required to prepare a comprehensive report directed to an Australian ASX Top 100 listed corporation detailing a critical analysis of the effectiveness of the corporation to meet the obligations the conceptual framework of accounting. 1. Provide a critical analysis of the annual report of the corporation. Consideration of the adherence to AASB, true and fair, conceptual framework, corporations law etc should be considered. 2. Provide a comparison with other corporations listed on the ASX and how well you think your corporation has performed. 3. In summary, please consider if you were given $10,000 whether based on your company and it's annual report information provided whether you would be likely to invest in your company. Construct your summary to support your conclusion. Il vodafone AU 4G 5:24 pm 43% moodle.koi.edu.au III Weekly Progress Report: Your lecturer / tutor will assign each student specific weekly targets in relation to this assessment. All students must demonstrate to their lecturer / tutor each week (weeks 2 to 6) that their tasks are on schedule. The purpose is to ensure students do not leave the task till the last minute. The Summary Report: should include data extracted from the General Purpose Financial Report and all relevant material (academic and non-academic) analysed. Marking Guide: Analysis 30% Theory support 30% Recommendations/conclusions 30% Presentation 10% Total mark 20 Permalink | Reply PLEASE DO NOT EMAIL - PLEASE SEE LECTURERS AND TUTORS IN CLASS Feature Movie to watch Il vodafone AU 4G 43% 5:23 pm moodle.koi.edu.au III Assessment Type: Written Report – individual assessment Purpose: This assessment is designed to reinforce the subject content and develop students' skills and application of knowledge of the subject content to business situations. This assessment relates to learning outcomes a, b and c. Value: 20% Due Date: Students are to upload their submission to the Turnitin link on the KOI Moodle subject home page by 5:00pm Friday of Week 7. Topic: This assignment covers the in- depth theoretical concepts with some practical accounting task application based on the topics from the subject. Task Details: This assignment requires a consideration of accounting theory concepts with critical analysis with application to General Purpose Financial Reporting by corporations. Students are required to prepare a comprehensive report directed to an Australian ASX Top 100 listed corporation detailing a critical analysis of the effectiveness of the corporation to meet the obligations of the conceptual framework of accounting
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Running head: FINANCIAL ANALYSIS

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Financial Analysis: ANZ Banking Group Limited
Name
Institutional Affiliation
Date

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Contents …………………………………………………………………………………………2
Introduction ………………………………………………………………………………………3
1. ANZ Banking Group Limited………………………………………………………………...4
2. Conceptual Framework ………………………………………………………………………5
An overview of share price reaction on news…………………………………………………….6
ANZ Banking Group’s Share Price Reaction in 2017 Financial Year …………………………..6
ANZ Banking Group-2017 Annual Report –Relevant and Faithful Represented ……………….7
ANZ Banking Group- 2017 Annual Report – Understandable and Verified ……………………8
Recommendation and Conclusion ………………………………………………………………10
Bibliography ……………………………………………………………………………………11

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Introduction
Australia and New Zealand Banking Group Limited is an authorized deposit-banking institution
situated in Australia. This institution is regulated by APRA and governed by the Bank Act 1959.
Since it one of the major domestic banks, it enjoys the relative protection under the Federal
government Four Pillar policy.
ANZ Group Limited enjoys a strong capital based with is augmented by unfettered access to
funding market across various aspects of the capital structure. It risk management capability is
one of its strongest points as it has robust underwriting standards that are evident through
corporate lending and mortgage. The balance sheet is well provided with a coverage ratio of 1.3
times.
Funding is one of the challenges faced with deposits representing the biggest cost in the NIM
compression in the recent past. Benign demand for credit shows asset growth in the foreseeable
future. The development of the Basel III global reform agenda, the Global Financial Crisis,
forced Australian banks to lengthen their tenor of finding profiles thus strengthening their
regulatory capital bases. This has provided numerous opportunities for a new investor with
appropriate risk appetite to invest.
ANZ Group Limited currently holds a minimum Total Capital Ratio of 8.0% in addition to a 100
bp buffer which is important for its domestic relevance. Currently, the bank has a margin of
150/175 bpd. In addition to the mandated minimum capital adequacy requirements set by the
APRA, ANZ has 110 and 111 Tier 2 capital which is more attractive as compared to Tier 1
equity instruments.

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1. ANZ Banking Group Limited
The CEO of ANZ Banking Group Limited is Shayne Elliot who assumed office in 2016. ANZ is
mid-way through rebuilding its management based on depth and culture. The CFO is Michelle
Jabiko is well credentialed to the executive post of ANZ strategic realization, ANZ Group
Limited is one of the major banks in Australia. Based on the APRA banking statics, The
Australian banking sector reported Gross Loans and Advances of AUD2.43Tn, as of 31 January
2017. The strengths of the banking institution are that it has a strong underlying net cash,
unfettered access to global capital, funded 60% through retail deposits via a financial claims
scheme. Its weaknesses include funding cost pressure, exposure to the balance sheet to the
Australian mortgage book and NIM compression as higher levels of liquid assets are required.
Financial analysis shows that strong earnings and capital generation have been underpinned by
the robust operating performance. In addition, the effects of the global Basel II reform agenda
still continue to force banks to adjust the funding models and revise their business strategies
based on the evolving regulatory landscape (Tucker & Jubb 2018). The APRA Monthly Banking
roughly 64% of ANZ gross loans and advances represent the owner-occupied and investment
housing lending. Traditionally, this is a low-risk portfolio as it provides a strong net income of
the group.
Profitability Fiscal Year ended 30 Sept
AUD m FY15 HY16 FY16
Operating income 21,090 10,265 20,529
Operating expenses -9,378 -5,479 -10,422
Pre-provision profit 11,712 4,786 10,107

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Impairment charge -1,179 -904 -1,929
Pre-tax profit 10,533 3,882 8,178
Net profit 7,493 2,738 5,709
Net interest margin 2.04 2.01 2.00 PPP/RWA 2.9% 2.5% 2.5%
Impairments/PPP 10.1% 18.9% 19.1%
Cost income ratio 44.5% 53.4% 50.8%
Following the GFC, global regulators are keen to ascertain that regulatory capital becomes lossabsorbing in cases of financial stress. From an investors perspective the credit risk of Tier @ vs
ATi securities based on their ranking within the capital structure is much higher (Xu & Cotter,
2018).
2. Conceptual Framework
The conceptual framework puts much emphasis on financial reports. Company policy requires
that financial reports have to provide useful information for new investors, lenders, and creditors
towards their decision-making process in investing in the company. Since most investors are
busy cannot ask for more or particular information, the information included in the financial
reports needs to have useful information that is relevant, timeliness, faithfully represented,
understandable, verifiable and comparable (Ville, 2018).
The information is relevant when the material is free and timeliness is when the reporting is
done as soon as the period ends. Faithfully representation is when the information is not biased
and presented without personal interest while understandable when the investor can understand
it with certain knowledge (Bakir, 2017). The information should be verifiable is the same results

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are obtained no matter which method is used and comparable by providing the ability to identify
the similarities and difference in similar entities.
This report will put much emphasis on Faithful representation, relevance, verifiability, and
understandability of the ANZ Banking ...


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