, FIN2603 Assignment 1 (COMPLETE ANSWERS) Semester 1 2025
- DUE 2 April 2025; 100% correct solutions and explanations.
Question 1
List and discuss the diverse range of stakeholders utilising organisations'
financial
statements. (14)
Stakeholders Utilising Organisations' Financial Statements
Financial statements provide critical financial information about an
organisation and are used by a variety of stakeholders for decision-
making. The key stakeholders who utilise financial statements and their
purposes are discussed below:
1. Shareholders and Investors
Shareholders and potential investors use financial statements to
assess a company's profitability, financial health, and growth
potential.
They focus on earnings, dividends, return on investment (ROI),
and financial stability to make informed investment decisions.
2. Management
The organisation’s management team relies on financial statements
to evaluate performance, make strategic decisions, and manage
resources effectively.
Key areas of interest include budgeting, cost control, and financial
forecasting.
3. Employees and Trade Unions
- DUE 2 April 2025; 100% correct solutions and explanations.
Question 1
List and discuss the diverse range of stakeholders utilising organisations'
financial
statements. (14)
Stakeholders Utilising Organisations' Financial Statements
Financial statements provide critical financial information about an
organisation and are used by a variety of stakeholders for decision-
making. The key stakeholders who utilise financial statements and their
purposes are discussed below:
1. Shareholders and Investors
Shareholders and potential investors use financial statements to
assess a company's profitability, financial health, and growth
potential.
They focus on earnings, dividends, return on investment (ROI),
and financial stability to make informed investment decisions.
2. Management
The organisation’s management team relies on financial statements
to evaluate performance, make strategic decisions, and manage
resources effectively.
Key areas of interest include budgeting, cost control, and financial
forecasting.
3. Employees and Trade Unions
