Description
Look at the example that is attached by the name IFRS project.
IFRS Project Instructions
You are to select two companies which are competitors (same SIC classifications). One firm will be a publicly-traded U.S. company which reports under GAAP and the other will be a foreign competitor, also publicly-traded, which reports under IFRS.
You are to briefly describe, in your own words and citing company literature where appropriate, the companies under consideration.
The majority of the project is a complete ratio analysis of the two companies. You are to follow the format listed in our course textbook which is the first chapter of Subramanyan, Financial Statement Analysis. (I attached the chapter as a power point file)
You are to use the two most recent years of financial statements for your analysis.
You are to graph the common stock price for the years under consideration. Please appropriately label the source of your stock-price graph.
Finally, you are to answer the question, “Which company would be the better investment?” based upon your ratio analysis.
I have attached an exact example of what I want.
The answers must be like the example in the attached file "IFRS project''.
Please follow the description.
The companies that attached as an example ( Must not be used )
In regards to the pages, It's what you find suitable.
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Explanation & Answer
Attached.
IFRS Project
Chevron Corp Vs ConocoPhillip
BY:
It is very important for any business to make wise investments. The decision to invest in
any asset should be based on the business objectives of the organization. While some assets may
be needed to meet the current business/production needs, other assets may be required for
expansion purposes. Different types of capital budgeting techniques are used to compare the
costs with projected cash flows/savings expected to be generated from the proposed
investment/project. With the use of such techniques, it becomes easier to select projects which
add value to the organization's current business processes. Further, projects which restrict the
growth of the organization or put a constraint on a company's financial resources in the future
can be identified and rejected. Inappropriate investments can, however, affect the financial
viability of the company and its long-term survival. Blockage of funds in long-term investments
providing below expected returns can also affect the financial position of the company.
Investments in projects with inadequate returns may affect the cash position of the company, as a
result of which, it may become difficult (for the company) to meet its day to day business
expenses affecting its liquidity position.
In this report, a comparison of the two firms that could also be considered as the largest
company worldwide that will show their financial analysis and investment performances.
Chevron is the major producer of crude oil and natural gas around the world. It was a small
company in San-Francisco with a five-state market in the Western United State but now it has
grown to a major corporation whose subsidiaries conduct business worldwide. The fundamental
purpose of Chevron is to " to provide the energy people need to fuel human progress". Conoco
Phillips ...