BASIC ACCOUNTING
Assignment 1: financial ratio analysis
For this assignment, we are required to study the annual report and find the ratio analysis and interpretation. Ms Tay has chosen the company, LBS Bina Group Sdn. Berhad for us to do our ratio analysis and interpretation.
MY ACCOUNTING REPORT
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Reflection
Through this assignment, we achieved better understanding of the topic of financial ratios. Besides, we also learnt to depend on teamwork during the assignment. Unfortunately, we had a few of complication with the calculation during the assignments were going on. However, we had managed to fixed the problem in the end. We tried and tried many times and finally got the answer right. I owe it all to my group members, Tan Vin Nie, Teoh Zi Wei and Yeoh Sin Yuen for having the best cooperation in completing the assignment successfully when it was carried out and also during discussions.
These are some of my notes
Course reflection
Although accounting is quite difficult and complicated for me sometimes, I find it really enjoyable to study. This module has taught me a lot of knowledge about accounting. Now, I see a different light when I look at a business. Through accounts, we not only can see its profitability (profit and loss statement), we can also know how to find the businesses' cash flow statement, ledger recordings and trial balance. I would like to thank my lecturer Ms. Tay Shir Men for teaching us and has been so kind to us during classes and tutorials. Thanks to you I love accounting><.