A stepwise approach to an Accounting & Finance assignment that is followed by professionals to bring out the best quality.
Let us have a look at a question to get a better idea. Here, the question primarily demands a complete analysis of financial statements of a company. Hence, the first task is to select a company and download its financial statement from the website. In this case, I, as an expert, used the company British Petroleum of UK. A financial statement can be a lengthy document of about 300-500 pages or even longer. It contains everything, right from the inception to the present date. The recent issues and the plans to work it out are also comprehensively mentioned in the document. Here, is a brief description of what all topics need to be addressed while preparing the assignment. So, the expert, (in this case, me), doing the assignment needs to be very proficient in the task.
Another element to consider while doing these ratio analysis assignments is using proper academic vocabulary such as Profitability ratios, Liquidity ratios, Gearing ratios. The usage is not just limited to the semantics of it, but the technical aspect well. Some of the most commonly used terms are:
The most intriguing part of this assignment is the analysis of increasing or decreasing of the any of these indicators. The issues that led to the fall or its rise must be precisely specified in the assignment, which is to be written in a report format.
Academic writing is considered a tough nut to crack, because of the knowledge required, the structure of academic assignments and the knowledge sourcing. The last one, sourcing of information, is quite a challenging task considering the vast availability of academic books and journals on the internet. One of the most useful tools for this purpose is Google Scholar. Most of the journals are available for free on this platform. However, some may not be accessible for which your university library can compensate the same. Some of the most common platforms where journals on Accounting & Finance can be found are: https://www.sciencedirect.com/journal/expert-systems-with-applications http://journals.sagepub.com/home/jafa https://onlinelibrary.wiley.com/journal/1467629x
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