Financial accounting statements present an overview of the financial position of a company. Students often need online financial accounting statements assignment help due to the variety of general purpose financial reports like cash flow statements, balance sheets, income statements, statements of changes of equity, etc. Working on these assignments requires an in-depth understanding of financial accounting information and expertise in accumulating and presenting financial accounting information. Due to the lack of time, part-time engagements, busy schedules and multiple assignments, students fail to dedicate the efforts needed and seek help from financial accounting statements assignment experts.
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My Assignment Services has an in-house team of financial accounting statements assignment experts, who have had years of experience in financial accounting. They have provided a lot of financial accounting statements assignment answers in the past. These assignments have been based on topics like traditional ratio analysis, long-term liabilities, inventory analysis, long-lived assets, evaluation of the quality of financial reporting and identification of red-flags and warning signs in accounting. Some of these are designed to test the students’ knowledge on the conceptual framework and accounting standards as set by the IASB and AASB.
Financial accounting statements assignments are not only based on financial reporting, but also on accounting concepts like accrual and double entry systems of accounting. They call for the practical application of concepts like assets and liabilities, income, expenses and equity. We are sharing a financial accounting statements assignment example, recently solved by our accounting assignment help experts. Tables 1 and 2 were given to the students containing the financial information of Viscount Ltd. A list of financial ratio formulae was given and the students were asked to prepare a common size balance sheet using the year 2014 as base-year. The calculations were to be done using excel spreadsheets.
Some additional information was also provided, and the students were asked to comment on the solvency position of Viscount Ltd. Our financial accounting statements assignment experts provided high distinction solutions to the student.
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