Hey Everyone,

I have completed my assessment 2 to a draft stage and require one other peer to provide me feedback and I need to provide feedback to one other peer.

Please feel free to reach out I am looking at trying to submit my assessment early – preferably this week due to other uni, work and family commitments. I would really appreciate it if someone could please provide me with some feedback and I could provide you with feedback.

Please see attached my draft assessment.

Thanks heaps

Hayley

Hey Everyone,

How are you all going with assessment 2? I have posted my draft on moodle for step 3-5 I am just after 2 peers to provide me with feedback please and I only need to provide feedback to 1 other peer. So if you could please provide me with some feedback that would be greatly appreciated.

Thanks so much and have a great rest of the weekend.

Hayley

Hey Everyone,

I am in the progress of working my way through assessment 2 and am up to the accounting drivers step 3 of assessment 2.

What are your thoughts about the accounting drivers for your firm? Do you notice any similarities or differences between your firms accounting drivers to another peers firm? What similarities or differences do you notice between your firm and peers firm economic profit and free cash flow? Do you know what may be causing these similarities or differences? Have you gained any insight when breaking down your firms financial statements? Or, have you not gained any insights into your firm?

I found this section quite difficult I did not know how and where to start. I definitely have gained further insight into AMA Group as a company through the accounting drivers through the economic profit and free cash flow frameworks.

How are you all travelling with your assessment pieces?

Have a great weekend!!!

Hey Everyone,

How are you all going with assessment 1? Has anyone started assessment 2 yet?

I have started working on the step 3 of assessment 2 for the commentary on the ratios.

Initially at first I sat thinking about the ratios, what do they actually mean to a business? How could the business change these figures to have a better outcome for the business? And most of all, how do we even analyse these ratios conducted, yes it is easy enough to calculate the ratios themselves but it is a bigger step to actually understand what these ratios mean in general and to our company.

I have found that all of these ratios all interlink with each other some way or another I noticed significantly that since my firm operated at a loss for the last four years, this has significantly impacted the ratios each year following along from that. Have you noticed similar affect on your firms ratios? Do you have any questions or concerns for your company? I am concerned with my company that if they were to go into any more debt that they would not be able to repay the debts, in particular if fluctuations were to occur.

Whats your thoughts?

Have a great day

Hayley

Hey Everyone,

Hope you all had a nice break over Easter.

How are you all going with your assessment 1? I have provided two of my peers with feedback at this point in time, so don’t forget if you have your assessment ready for feedback stage to post it in the moodle draft assessment forum.

Thanks

Hayley

Hey Everyone,

I managed to get my draft all together for assessment 1 between working full time, another uni unit and family commitments.

Please feel free to provide me with feedback, currently looking at, at least another two peers to review my work and for me to review theirs so please feel free to either comment below or contact me via email.

hayley.l.sheehan@cqumail.com

I have attached my draft for your review, I have got them in seperate documents due to the nature that we need to submit the assessment in!

Have an awesome rest of the week!

Hey Everyone,

Here are some links to information for AMA Group as its industry, some opportunities and challenges that the business is facing.

So, who is AMA Group?

Below is a video of AMA Group which outlines who they are and what they do as a briefing of the company itself:

Challenges AMA Group are Facing:

I found a news article which outlines some challenges that AMA Group are facing currently. This news article is from Insurance News and illustrates that AMA Group posted a loss after inflation, rising repair severity for the 2023 Financial Year in their annual report. The link can be seen below:

https://www.insurancenews.com.au/daily/ama-group-posts-loss-after-inflation-rising-repair-severity

I could not seem to find any opportunities for AMA Group thus far, however they may have opportunities arise to them in the future they has not been released publicly yet.

Feel free to comment below or contact me via email: hayley.l.sheehan@cqumail.com to discuss each others firms, and communication.

Have a great weekend! 🙂

I was thrilled to see the email from Martin Turner to say that our companies were released as I wanted to get a head start on the unit due to other commitments with full time work, family commitments, another university unit and it being my final term at university.

I opened up the company spreadsheet to notice that I got AMA Group. I was so thankful to get a company in Australia. AMA Group is in the collision repair industry and associated auto parts market known to be the leader in Australia and New Zealand for the industry.

I did have one concern which was that I do not know much about the collision repair industry or anything really of that similarity.

Does anyone else have a similar business to me? Is your annual reports long (mine is 112 pages)? Are you happy with the firm you have been allocated, or would you want a different one? Do you have any concerns yet?

Please comment below or email me at hayley.l.sheehan@cqumail.com with your responses! Have a great weekend 🙂

Hey Everyone,

Wow what a big assessment – well mainly having different steps due at different times really. I have decided as I work full time to get on top of my studies sooner rather than later due to the amount and also having another unit of study I am undertaking in my final term of uni.

I have submitted step 1 and step 2 for the KCQ’s from the study guide today 23/2/2024 (yes, I know the term hasn’t started yet, but always a good idea to get ahead than fall behind.)

Also I have a few questions on peerwise so head on over there to answer them and provide some ratings and also write some of your own questions and get involved and learning – lets conquer this term!

Have a great day!

Hey Everyone,

Welcome to my blog. I will be posting any discussions and asking for feedback etc as part of the assessments both in here and in the forum pages.

Little bit about myself:

I am in my final term of university to complete my Bachelor of Accounting degree which I am super excited about and I work in an accounting firm as an undergraduate accountant. I enjoy spending time with family, friends and pets and cannot wait to finish off university.

Feel free to contact me if you would like to provide feedback to each other as part of the assignment tasks.

Have a great day and lets conquer this unit!!